LEXINGTON, Ky — Poised to celebrate the 25th anniversary of his architectural software company ArchVision, founder and CEO Randall Stevens is set to roll out an entirely new company that will yet again revolutionize the Architecture, Engineering and Construction (AEC) market on a global scale and impact the regional economy.
“All of our experiences over those years have now culminated in the development of AVAIL, which
promises to change the way content is managed and accessed,” said Stevens. “This a problem that
has plagued the industry for many years and has been exacerbated by the volume of BIM-related
content being created and consumed.”
AVAIL recently received a $250,000 Lexington-Fayette Urban County Government’s Job Funds loan
and additional investment. Over the next year AVAIL expects to hire additional staff members who
are experienced in both architecture and computer science. Offices will remain in Lexington, which Stevens
says speaks to the power of the local technology scene.
“ArchVision has been a staple of the Lexington tech scene for the past 25 years,” Stevens said. “As we’ve continued to grow and serve customers in more than 100 countries we’ve also seen a new flurry of exciting additions to the local tech community such as MakeTime and Fluent. We all share knowledge and connections which has helped make Lexington a great place to start and/or grow these types of companies.”
Lexington’s Mayor Jim Gray added, “Our Jobs Fund is designed to give our city a leg up in attracting and growing good jobs, and it’s working…in this case we’re growing our technology sector. Congratulations, ArchVision and AVAIL.”
Commerce Lexington anticipates that AVAIL’s entrance into the market with the creation of new jobs and additional capital investment is expected to create nearly $30,000 a year in new city and state taxes. Additionally, it adds to the vibrant and ever-growing software and IT sector in Lexington.
“Lexington is home to many outstanding software and IT firms, and adding AVAIL to this sector creates a vibrant technology community for Lexington,” said Bob Quick, CCE, President & CEO of Commerce Lexington Inc. “We have enjoyed a long standing relationship with ArchVision and are excited about its new spin out, AVAIL, and the new jobs being created.”
AVAIL is currently used in beta by some of the world’s top AEC firms. Its mission is to forever change the way customers retrieve digital files on company networks. Focusing initially on the AEC industry, AVAIL solves the 40-year old problem of trying to store and retrieve information organized in Windows File Folders. After indexing the content on a network, AVAIL’s proprietary Tag filtering technology narrows the hunt for files with a couple of clicks and produces a stunning new visual way to locate files.