LAUSANNE, Switzerland, May 2, 2025 /PRNewswire/ — Revizto, the leading Integrated Collaboration Platform for the Architecture, Engineering, Construction & Operations (AECO) industry, announced the release of Revizto 5.16, bringing key updates that enhance efficiency, coordination, and issue management across projects.

Designed to benefit all project stakeholders from architects and designers to engineers, contractors, and subcontractors, this release delivers new tools and improvements that streamline workflows and enable smarter collaboration at every stage of the project lifecycle.

“With Revizto 5.16, we’re making it even easier for teams to improve project delivery,” said Arman Gukasyan, founder and CEO of Revizto. “Every enhancement in this release is designed to empower teams to coordinate more efficiently and make better-informed decisions in real time. All these improvements stem from extensive conversations with customers and user feedback. This is just one more step on our way to creating a new standard for collaboration in the AECO industry.”

What’s New in Revizto 5.16

2D/3D Split View – Users can now view a 2D sheet and 3D model – including issues and markups – side by side, and instantly jump from a location in 2D to its corresponding location in the 3D model, eliminating the need to switch between tabs.Select Box – Users can now select multiple objects with ease by dragging a selection box, reducing the time spent manually selecting elements one by one.Modify Object Isolation – With enhanced isolation functionality, users can now layer isolated models, elements on top of each other, streamlining what was once a complex workflow.Revamped 2D Gallery – The redesigned interface improves navigation and searchability, so that users can quickly access the files they need.New “Required Objects” Clashing Type – Revizto now moves beyond clash detection into validation rule sets, allowing teams to ensure that critical elements meet placement and proximity requirements.Improved Scheduler Functionality – New controls for handling missing links in scheduled Revit tasks help users avoid publishing incomplete models to clash automation. Now users can choose how the system responds to missing links, ranging from skipping with or without warnings to fully halting the task.

Earl Faulk, Senior MEP Manager at full service construction firm Lee Kennedy Company, said, “I love the new split-screen 2D/3D view! I often switch between 2D and overlays, and this setup is perfect, especially with real-time movement in the 3D model. I also really like the Select Box feature because I frequently make temporary moves of objects and previously had to select each item manually. Keep the great updates coming!”

Anton Shaw, Associate and Digital Automation Lead at international architectural firm Warren and Mahoney, said, “Every morning, we used to come in and perform a clash detection run. It took a lot of time – sometimes an entire morning – to make sure the models were uploaded correctly. Now with missing link detection, we can fully automate the coordination process. It just happens reliably overnight. With the time we are saving, we can focus on solving real problems on projects, like ensuring we’re all collaborating effectively and moving in the right direction.”

Learn more about 5.16 here.

About Revizto
Revizto is the leading Integrated Collaboration Platform for the Architecture, Engineering, Construction & Operations (AECO) industry, transforming the way we design and build by driving efficiency, reducing errors, and simplifying complexity. From real-time coordination to automated clash detection and issue tracking, Revizto keeps all stakeholders aligned throughout the entire project lifecycle. Backed by Summit Partners, Revizto is relied on by firms around the world like Jacobs, AECOM, AtkinsRealis, McCarthy, Skanska, Stantec, and others to deliver projects with greater confidence and control.

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SOURCE Revizto

MUMBAI, India, May 2, 2025 /PRNewswire/ — Further consolidating its presence in the region, Hexaware Technologies, a global leader in IT, AI, and digital solutions, inaugurated its new UK headquarters at Level 32, One Canada Square, Canary Wharf, London on 1st May 2025. The expansion follows Hexaware’s 25% UK CAGR over the past five years, fueled by rising demand for IT Services and digital transformation. The new facility marks a strategic move to deepen local client engagement and gain access to the region’s diverse talent pool.

The UK is Hexaware’s second-largest global market. The new HQ will serve as a co-innovation center to collaborate with clients on exploring the art of the possible, leveraging Hexaware’s Center of Excellence in AI, data management, digital engineering, and cybersecurity. It will serve clients across key industries, including banking and financial services, insurance, healthcare and life sciences, manufacturing, retail and consumer, travel and hospitality, and high-tech and professional services.

The new office was officially unveiled during an inauguration ceremony graced by Sir Nigel Wilson, Chairman of Canary Wharf Group; Deepa Doshi, Head of Missions, Ruth Strauss Foundation; and R. Srikrishna, CEO and Executive Director of Hexaware Technologies. The event welcomed a distinguished audience of clients, partners, and industry leaders from across the UK’s technology and business sectors.

Amrinder Singh, President and Head – EMEA and APAC Operations, Hexaware, explained the strategic importance of the UK HQ: “The UK and Ireland is our one of the fastest growing market across the world, and it delivered a tenfold growth in the past decade, and we want to maintain this momentum. We aim to drive innovation, economic growth, job creation, and inward investment across the UK economy, and this will provide significant possibilities to scale for Hexaware. A dynamic workforce and the local entrepreneurial culture will enable us to accelerate our ambition to become a global technology leader.”

Parameshwaran Iyer, Senior Vice President and Regional Head – UK and Ireland, Hexaware, highlighted how the office will benefit businesses: “Hexaware has been a trusted partner to businesses in the UK for over 25 years, backed by a workforce of around 650 employees. A growing number of businesses are partnering with us to harness technology, data, and digital services to deliver business outcomes at scale. As we deepen our engagement with clients across multiple services and functions, the UK HQ ensures we have a strong local presence to drive closer relationships and deliver high-quality output.”

With a robust client base and solid annual revenues, the company is strengthening its footprint in the region through its new headquarters and a major delivery center in Birmingham, a move set to double the UK headcount within the next three years.

Sir Nigel Wilson, Chairman, Canary Wharf Group (CWG) said, “We are delighted to welcome Hexaware to One Canada Square as they establish their UK headquarters at Canary Wharf. Their decision to locate in our iconic building reflects the continued appeal of Canary Wharf as a thriving hub for global technology and innovation businesses. Hexaware’s impressive growth trajectory aligns perfectly with our vision of creating a diverse business ecosystem where companies can collaborate, innovate and scale. We look forward to supporting Hexaware’s continued success as they deliver transformative solutions for businesses across the UK. The UK needs more companies with the ambition of Hexaware.”

Deepa Doshi, Head of Missions, Ruth Strauss Foundation, underlined Hexaware’s contribution to the local community: “Hexaware has been an invaluable partner in our mission to support families during one of life’s toughest tests. Working with the families who are facing grief reminds us of the importance of finding time to celebrate milestones together. It is therefore a privilege to be invited to share this special moment with such valued supporters of the charity. As Hexaware embarks on this exciting new chapter, we look forward to strengthening our collaboration.”

About Hexaware

Hexaware is a global technology and business process services company. Every day, Hexawarians wake up with a singular purpose: to create smiles through great people and technology. With offices across the world, we empower enterprises worldwide to realize digital transformation at scale and speed by partnering with them to build, transform, run, and optimize their technology and business processes.

Learn more about Hexaware at https://www.hexaware.com.

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NEW YORK, May 2, 2025 /CNW/ — Interlace, a pioneering financial innovation platform bridging traditional (Web2) and decentralized (Web3) ecosystems, is making a high-impact debut at Token2049, the world’s largest cryptocurrency conference. The event draws more than 15,000 global Web3 leaders, investors, developers, and policymakers to the heart of the Middle East’s burgeoning digital economy.

As the MENA region solidifies its status as a strategic launchpad for blockchain and digital finance, Interlace is leveraging Token2049 to highlight its global ambitions and regional integration efforts. Through a combination of keynote speeches, panel participation, side events, and interactive showcases, the company will spotlight its technological breakthroughs, regulatory strategies, and innovative Web3 solutions designed to advance financial inclusion and digital infrastructure.

Token2049 has cemented its position as the premier global platform for blockchain dialogue and innovation. With MENA emerging as a magnet for crypto and fintech enterprises—thanks to its progressive regulatory framework and strong investor base—the event provides fertile ground for companies like Interlace to scale their operations in high-growth markets.

Driving Web3 Compliance and Strategy in the Middle East

Michael Wu, Founder and CEO of Interlace, was recently invited to speak at the event Mastering Web3 Finance and Compliance: Blockchain & Beyond, where he joined a panel discussion exploring regulatory frameworks and emerging trends in the Middle East’s Web3 ecosystem. Drawing on Interlace’s extensive global experience, Wu provided a deep dive into the region’s compliance landscape. He emphasized the UAE’s regulatory efficiency as a strategic advantage for Web3 companies, stating: “In MENA, it takes only a few months to obtain a Virtual Asset Service Provider (VASP) license, whereas the same process can take up to two years in Singapore. In the United States, conflicting federal and state regulations create persistent uncertainty for businesses.” This favorable regulatory environment, he noted, has enabled Interlace to accelerate its expansion into the Middle Eastern market.

Wu also outlined Interlace’s proactive compliance strategy, highlighting early regulatory investment as a foundation for building long-term competitive advantages. “We’ve secured key licenses—including MSB (Money Services Business), MSO (Money Service Operator), and VASP—across major markets such as Hong Kong, the U.S., and Europe,” he shared. He stressed the importance of integrating technology with compliance, citing the use of biometric solutions to streamline Know Your Customer (KYC) procedures. This approach not only ensures regulatory adherence but also enhances user accessibility. “Compliance is not a cost,” Wu asserted. “It’s the foundation of brand trust. For institutional partners and investors, regulatory compliance is non-negotiable—and critical for sustainable growth.”

Addressing the convergence of traditional finance and Web3, Wu presented Interlace’s multi-license model as a blueprint for cross-border innovation. “Our crypto payment card enables seamless interoperability between on-chain digital assets and off-chain consumer transactions,” he explained. “This functionality requires a high degree of cross-jurisdictional compliance.” Wu concluded by sharing that Interlace is actively expanding its footprint in the Middle East, bringing its regulatory expertise and compliance technology to support the region’s rapidly evolving blockchain infrastructure.

Unveiling Innovation at Premier Side Events

Beyond the main conference, Interlace will engage audiences at high-profile side events including 1001 Crypto Nights, Gilded Mirage, and the Hack Seasons Conferencei. These gatherings delve into themes such as the convergence of legacy finance with decentralized protocols and the region’s unique role in accelerating Web3 adoption.

Interlace will showcase its Card-as-a-Service (CaaS) API solutions tailored for the PayFi sector, as well as its custom-designed physical banking cards—which double as exclusive, limited-time gift cards. These cards demonstrate real-time “on-chain to off-chain” transaction capabilities, offering attendees a tangible experience of seamless Web3-enabled payments.

A Strategic Leap Toward Global and Regional Impact

Interlace’s presence at Token2049 is more than a product showcase—it represents a pivotal step in the company’s global expansion and MENA market penetration. As the company deepens its engagement in the region, it aims to collaborate with local institutions to build robust, inclusive digital financial ecosystems.

Wu reflected on the significance of the Middle East in shaping the future of blockchain finance: “The Middle East is rapidly evolving from an energy stronghold into a center of digital innovation. Its open regulatory approach and dynamic capital environment make it a strategic region for Web3 transformation. At Interlace, we’re committed to co-creating resilient financial infrastructure with local partners—enabling businesses and users to fully benefit from the potential of blockchain technology. We see MENA as a future global benchmark for Web3 applications.”

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SOURCE Interlace