Category: BIM

Schneider Electric makes €1.4 bn bid for RIB Software

Proposed Schneider RIB fit

Directors of Stuttgart, Germany-based RIB Software have urged shareholders to agree a €1.4 billion bid from Schneider Electric. Stuttgart, Germany-based RIB Software, which has been expanding its footprint in the architecture, engineering and construction (AEC)  Software-as-a-Service space in recent years, is the subject of a €29 per RIB share from Schneider Electric, valuing the 1200-strong …

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Permanent link to this article: http://extranetevolution.com/2020/02/schneider-electric-acquisition-rib-software/

thinkproject grows revenues 25% in 2019

Gareth Burton (think project! CEO)

Germany’s thinkproject increased its revenue by more than 25% in 2019 and anticipates continued double-digit revenue growth in 2020. Munich-based thinkproject, which describes itself as “Europe’s leading construction and engineering SaaS provider”, increased its revenue by more than 25% in 2019. Following profitable growth in the international construction software market, recent acquisitions, and continued investment …

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Permanent link to this article: http://extranetevolution.com/2020/02/thinkproject-grows-revenues-25-in-2019/

RIB invests in VIM AEC

VIM graphic

Germany’s RIB has invested in north America’s VIM AEC, an augmented reality startup founded by ex Revit executive Arol Wolford. After a busy 2019 during which Stuttgart-based RIB Software made several significant investments and acquisitions growing both its geographical footprint and its product portfolio, it has started 2020 in similar style (though few details of …

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Permanent link to this article: http://extranetevolution.com/2020/01/rib-invests-revit-pioneer-vim-aec/

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ThinkProject adds German reseller for DESITE BIM

DESITE from Ceapoint

thinkproject, the Munich, Germany-based provider of Software-as-a-Service technologies to the construction and engineering sectors, has announced a partnership with Mensch und Maschine Software (M+M – also known in English-speaking markets as Man and Machine). Under the deal, M+M – a 1000-strong supplier of computer-aided design and manufacturing, product data management, and building information modelling applications …

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Permanent link to this article: http://extranetevolution.com/2020/01/thinkproject-german-reseller/

Autodesk converges its Construction Cloud

Autodesk Construction Cloud

The June 2019 projected convergence of Autodesk’s construction-oriented solutions was crystallised in late 2019 with the launch of the Autodesk Construction Cloud. At the London Build trade show in November 2019, Autodesk followed up its Connect & Construct Summit announcement in Las Vegas, promoting its Autodesk Construction Cloud to a UK audience. Five months earlier, …

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Permanent link to this article: http://extranetevolution.com/2020/01/autodesk-converges-its-construction-cloud/

Is contech a subset of proptech (or vice-versa)?

Industry digitisation in Europe

Some writers seem to regard contech as a small subset of proptech, but data created during asset delivery will be a foundation for many future proptech transactions. I recently subscribed to a proptech newsletter from James Dearsley’s online community Unissu, wanting to understand a little more about how the real estate world is developing, using …

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Permanent link to this article: http://extranetevolution.com/2019/11/contech-subset-proptech/

Plangrid: Slow digital adoption hampers productivity

Plangrid Digital Groundwork 2019 graphic

Slow adoption of digital technology on the construction site continues to hamper the productivity of UK construction firms says a PlanGrid report, while another UK report suggests digital transformation is well advanced. The industry’s digital maturity needs to be more rigorously assessed. A recent survey of UK construction professionals suggests productivity is being held back …

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Permanent link to this article: http://extranetevolution.com/2019/11/slow-digital-adoption-delays-productivity-improvement-says-plangrid/

RIB continues M&A programme

Datapine laptop image

Germany’s RIB Software has invested in another India-based software business, bought a German business intelligence specialist, and acquired an Australian reseller. Stuttgart, Germany-based RIB Software, provider of enterprise software for the building, construction and real estate industries, has made a flurry of recent announcements, including another investment in an India-based software business, the purchase of a …

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Permanent link to this article: http://extranetevolution.com/2019/11/rib-continues-ma-programme/

Kreo freemium model grows user base

Kreo View screengrab

London-based Kreo has adopted a Freemium model to grow early adoption of its SaaS BIM software. Just over a year since launching (post), London-based startup Kreo‘s cloud-based software platform supporting building information modelling (BIM) using artificial intelligence (AI) and machine learning has started to grow a strong user base. One factor has been its adoption …

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Permanent link to this article: http://extranetevolution.com/2019/11/kreo-freemium-model-grows-user-base/

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