Intergraph Process, Power & Marine - acquired by Hexagon in July 2010 - will focus on delivering end-to-end information technology solutions that drive efficiencies during the design, construction and operation of industrial facilities and large-scale construction projects.
Energy News has been told the move is part of an escalated effort to offer customers advanced and innovative solutions that harness the "depth and breadth" of the Hexagon solutions portfolio.
In Australia, Hexagon PPM has offices in Perth, Brisbane, Sydney and Melbourne, all operating under the regional leadership of Franz Kufner, executive vice president Asia Pacific.
This is part of a global network of 2500 employees located in offices in more than 60 countries around the world.
"Our traditional markets have been characterised by a slow pace of change over the past two decades - and we believe that our customers will benefit from the solutions that Hexagon's existing customers in other parts of the company are already using," a spokeswoman told Energy News.
"A good example of this is first responder technology - it's in widespread use with Hexagon's customers in the government sector but we are interested in exploring its application to industrial facilities, such as oil rigs and processing plants, where safety is such a major concern."
Intergraph's "first-in-class reputation" will see Hexagon PPM products continue to carry the Intergraph brand name; while "PPM" is retained as a nod to the key industries of process, power and marine.
However, Hexagon PPM will expand its base to serve industries beyond its traditional core.
Recent acquisitions, including project controls technology (EcoSys), fabrication automation technology (NESTIX Oy) and the recently launched HxGN SMART Build solution targeted at enterprise BIM construction execution for the AEC industry, are enabling Hexagon PPM to diversify its customer base.
The company's new president, Mattias Stenberg, assumed PPM's helm in January, transitioning from Hexagon's chief strategy officer, a role he held since 2009.
Stenberg said the name change was more than a simple re-badge.
"It represents a closer alignment with Hexagon that will open up new doors to truly leverage the depth and breadth of Hexagon's innovations and technological capabilities," he said.
"It's an opportunity to overcome the slow pace of change that has characterised PPM's primary industries over the past 20 years."