Category: AEC

NBS acquired by Byggfakta

NBS Chorus devices

UK-based construction technology and product data provider NBS has been acquired by the Byggfakta Group, in a deal that also secures RIBA’s long-term future. NBS, the Newcastle-upon-Tyne, UK-based construction technology provider has been acquired by the Byggfakta Group, a leading Scandinavia-based data and software provider to the European construction industry. The deal (value undisclosed) has …

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Permanent link to this article: http://extranetevolution.com/2020/11/nbs-acquired-byggfakta/

Corecon upgrades estimating module

Corecon Estimating

California, US-based Corecon Technologies has upgraded its cloud-based construction estimating, project management and job cost software suite. The related fields of estimating and bid management have been hot topics among US construction SaaS technology providers in late 2020. For example, at its annual Groundbreak event earlier this month, California-based Procore announced the acquisition of Esticom, …

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Permanent link to this article: http://extranetevolution.com/2020/11/corecon-upgrades-estimating-module/

Autodesk Construction Cloud is reshaped

Autodesk Construction Cloud Products

Autodesk is expanding its Autodesk Construction Cloud, adding new products in 2021: Autodesk Build, Autodesk Quantify and Autodesk BIM Collaborate. Its BuildingConnected bidding platform has also been launched in the UK and Ireland Clouds are constantly moving and changing shape, and Autodesk’s cloud offering is no different. At this week’s virtual Autodesk University, Autodesk has …

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Permanent link to this article: http://extranetevolution.com/2020/11/autodesk-construction-cloud-is-reshaped/

Bentley and Autodesk push ‘Digital Twin’ initiatives

Autodesk Tandem Screenshot

Bentley Systems has established a US$100M business to invest in digital twin technologies, while Autodesk has launched a new product, Tandem, supporting digital twins. Bentley iTwin Ventures For some years a champion of ‘digital twin’ thinking (see EE August 2019 post: Bentley pushes ‘Digital Twin’ into AEC mainstream), Bentley Systems has committed US$100M of venture …

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Permanent link to this article: http://extranetevolution.com/2020/11/bentley-autodesk-digital-twin/

EQT takes majority stake in thinkproject

thinkproject portfolio

European investment group EQT has taken a majority stake in Munich, Germany-based architecture, engineering and construction Software-as-a-Service provider thinkproject. The Stockholm, Sweden-based international investment group EQT has taken a majority stake in Munich, Germany-based architecture, engineering and construction Software-as-a-Service provider thinkproject (no financial details given). EQT investment Founded in 1994 and strongly associated with Sweden’s …

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Permanent link to this article: http://extranetevolution.com/2020/11/eqt-majority-stake-thinkproject/

Procore acquires estimating vendor Esticom, expands platform

Procore Lookaheads

Procore’s Groundbreak included news of a new acquisition – US estimating software provider Esticom – and a slew of product announcements, but no mention of the IPO, seemingly delayed due to the continuing impacts of the pandemic. The week after Bentley Systems’ Year in Infrastructure 2020 (see previous post) was Procore‘s annual Groundbreak event, also …

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Permanent link to this article: http://extranetevolution.com/2020/11/procore-acquires-estimating-esticom/

Bentley growing its construction collaboration toolset

Project Insights

Bentley Systems’ collaboration portfolio continues to grow, with NoteVault integrated into the SYNCHRO Field mobile app, new ProjectWise Insights, much “iTwin-enabling”, an entirely new SYNCHRO Cost application coming soon, and GroupBC being positioned as a capital project management platform for owners. Bentley Systems‘ Year In Infrastructure provides an annual opportunity to hear about updates to …

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Permanent link to this article: http://extranetevolution.com/2020/11/bentley-growing-its-construction-collaboration-toolset/

Lessons from the NBS summit – BIM: the client is key

Integrate you bastards!

The NBS Construction Leaders Summit suggested that new impetus is needed to drive digital adoption forward, with clients identified as key agents to push industry change. Recently (14 October 2020), I supported the second day of the NBS Construction Leadership Summit (post).* This online event was organised by the Newcastle, UK-based provider of specification information …

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Permanent link to this article: http://extranetevolution.com/2020/10/bim-client-key-culture-technology/

Visio Impulse: computer vision for construction

Visio Impulse logo

London-based Visio Impulse is applying computer vision techniques to help clients and project teams rapidly get insights from site imagery. Incorporated by Farhad Bazyari in London in June 2017 and launched in February 2018, Visio Impulse applies computer vision techniques to monitor construction and engineering projects. A graduate of Sheffield University, Bazyari completed a PhD …

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Permanent link to this article: http://extranetevolution.com/2020/10/visio-impulse-ai-visualisation-monitor-site-progress/

Bentley Systems acquires PCSG

Mark Bew

Bentley Systems’ Year In Infrastructure 2020 has started with news of an acquisition: PCSG, the UK-based consultancy chaired by former UK BIM Task Group head Mark Bew, has been bought by Bentley Systems. The Cohesive Companies, a digital integrator investment of the Acceleration Fund of Bentley Systems has acquired UK-based Professional Construction Strategies Group (PCSG) …

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Permanent link to this article: http://extranetevolution.com/2020/10/bentley-systems-acquires-pcsg/

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