The London-based UK operation of Australian-founded Software-as-a-Service construction collaboration provider Aconex increased its revenues by 13% to £1.766m in the year to 30 June 2013, according to documents filed at Companies House. However, the previous year‘s slight profit wasn’t repeated – a small pre-tax loss of £2,289 was recorded.
Notes in the accounts apparently confirm a view I hear from some of its SaaS competitors: that Aconex has very little share of the UK collaboration market; of its reported 2013 sales, it says 69% were non-UK sales (70% in 2012). (I says “apparently” as Aconex accounts statements can vary from year to year – in the June 2012 accounts, the non-UK sales figure for that year was given as 2%, not 70%.)
Aconex’s UK sales team is smaller than its UK-based rivals such as 4Projects, Asite and Conject, and the company has only occasionally issued news releases on its UK deals. In February it announced a project for Cambridge University; last year it highlighted two wins (in September 2013 regarding London’s Battersea Power Station project, and in April London’s Trocodero); there were no UK win announcements in 2012, and one each in 2011 and 2010.