Category Archive: Business/Financial

Mar 23 2017

Aconex shares plunge then plateau

Brexit uncertainty has affected Aconex’s projected growth, with the company’s share price tumbling as a result. It’s been an interesting couple of months for the Melbourne, Australia-based SaaS construction collaboration vendor Aconex. At the end of January, the company provided a half-year trading update and 2017 financial year forecast; there were changes to the executive team, …

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Permanent link to this article: http://extranetevolution.com/2017/03/aconex/

Mar 17 2017

Asite profit jumps 31%

vendor revenues March 2017

SaaS collaboration vendor Asite grew its 2016 revenues 14% to just over £6m. London, UK-based SaaS construction collaboration technology vendor Asite has this week filed its annual report and accounts for the year ending 30 June 2016 with Companies House. The report shows revenues up 14.3% to £6.047m (2015: £5.289m) – at today’s rates, that’s around …

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Permanent link to this article: http://extranetevolution.com/2017/03/asite-profit-jumps-31/

Mar 14 2017

AproPlan eyeing AEC integration opportunity

Established in Belgium in 2012 but now spreading its European operations more widely (the UK, Germany and the Netherlands are among the early targets), AproPlan markets itself as “the construction software that lets you keep track of your progress and collaborate with your team.” I met AproPlan’s CEO Thomas Goubau when he visited London in …

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Permanent link to this article: http://extranetevolution.com/2017/03/aproplan/

Mar 13 2017

Collaborative announcements

Catching up on some construction collaboration technology news…. from Konstru, 3DRepo, TenderSpace, Earthcam / Procore, STACK / Dodge Data, and Holobuilder. Konstru – web-based 3D BIM interoperability and version control I have long been interested in the potential of the web to help overcome issues relating to poor interoperability. Being able to share construction information in …

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Permanent link to this article: http://extranetevolution.com/2017/03/collaborative-announcements/

Feb 08 2017

think project! attracts new investment

In January 2017, TA As­so­ci­ates, a lead­ing global growth pri­vate eq­uity firm, an­nounced it has com­pleted an in­vest­ment in Munich, Germany-based think project!, a provider of cross-en­ter­prise col­lab­o­ra­tion and in­for­ma­tion man­age­ment soft­ware to the con­struc­tion and en­gi­neer­ing in­dus­tries. Fi­nan­cial terms of the trans­ac­tion were (unfortunately) not dis­closed. J. Mor­gan Sei­gler, a man­ag­ing di­rec­tor at TA …

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Permanent link to this article: http://extranetevolution.com/2017/02/think-project-attracts-new-investment/

Feb 07 2017

BC QuickStart launched

Reading, UK-based GroupBC, provider of the enterprise-class Business Collaborator and BC Assure platforms, is looking to command an increased share of the building information modelling common data environment market by launching an SME-friendly version of its CDE platform. BC QuickStart has been specifically designed, GroupBC says, to help SMEs adopt the standard practices of BIM, ensuring …

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Permanent link to this article: http://extranetevolution.com/2017/02/bc-quickstart-launched/

Jan 02 2017

Corecon completes suite upgrade

California, US-based Corecon, a provider of SaaS-based construction estimating, project management and job cost software, has announced new features for its Corecon Mobile app and TeamLink Portal. The updates were developed to complement the increasingly SME-friendly version of Corecon’s browser-based software released in August 2016 (post), with Corecon increasingly marketing the suite as a basis for …

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Permanent link to this article: http://extranetevolution.com/2017/01/corecon-completes-suite-upgrade/

Dec 31 2016

eSUB shows investors like SME-focused SaaS

Hot on the heels of a €2m investment in Denmark’s GenieBelt, a US$5m investment in California’s eSUB shows enthusiasm for applications targeting the SME segment which dominates construction delivery. In just about every construction market, most projects are reliant upon small and medium-sized businesses for project delivery; even if a bigger firm is the main or general …

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Permanent link to this article: http://extranetevolution.com/2016/12/esub-shows-investors-like-sme-focused-saas/

Dec 30 2016

Nemetschek acquires dRofus

Nemetschek, the Munich, Germany-based AEC software group which already includes Allplan, Vectorworks, Graphisoft, SCIA, Maxon, Bluebeam (a 2014 deal) and Solibri (acquired almost exactly a year ago), has acquired the Oslo, Norway-based SaaS building data management software vendor dRofus. The deal, announced on 20 December 2016, was valued at NOK220m (c. US$25.5m, £20.8m or €24.2m). From …

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Permanent link to this article: http://extranetevolution.com/2016/12/nemetschek-acquires-drofus/

Dec 21 2016

Clearbox BIMXtra starts with BIM

The BIM Common Data Environment, CDE, market in the UK remains very competitive. Its players include vendors previously active in what was sometimes termed document management, file collaboration or project extranets, but there are also newer players for whom BIM was the starting point. BIMXtra is a BIM platform that originated in-house at UK contractor …

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Permanent link to this article: http://extranetevolution.com/2016/12/clearbox-bimxtra-starts-with-bim/

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