Category: Business/Financial

thinkproject wins Fehmarn Belt megaproject

Fehmarnbelt tunnel cross-section

The thinkproject BIM common data environment (CDE) software is to be used during construction of the 18km €6.9bn Fehmarn Belt fixed link between Germany and Denmark. Munich, Germany-based thinkproject‘s BIM ‘common data environment’ (CDE) software is to be used during construction of the €6.9bn (c US$7.74bn or £6.24bn) Fehmarn Belt fixed link. At 18km long, …

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Permanent link to this article: http://extranetevolution.com/2020/06/thinkproject-wins-fehmarn-belt-megaproject/

xbim Flex – targeting AEC’s continued reliance on email

Flex screengrab

Newcastle-upon-Tyne, UK-based xbim is facilitating BIM conversations with its new xbim Flex platform. A recent Extranet Evolution post (15 June 2020: AEC reliance on email remains high, Mail Manager research shows) highlighted the architecture, engineering and construction (AEC) sector’s continued reliance on email for communication. This struck a chord with Steve Lockley of Newcastle, UK-based …

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Permanent link to this article: http://extranetevolution.com/2020/06/xbim-flex-targeting-aecs-continued-reliance-on-email/

Nathan Doughty’s new Asite era

Asite cBIM_Model Compare

Asite CEO Nathan Doughty talks to Extranet Evolution about COVID-19, industry mergers and future prospects for the UK-based SaaS technology business. 2020 started on a tragic note at Asite. On 2 January, the independent London-based Software-as-a-Service construction collaboration technology vendor announced that Tony Ryan, Asite CEO, had died suddenly, aged 48. Chief operating officer, Nathan …

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Permanent link to this article: http://extranetevolution.com/2020/06/nathan-doughtys-new-asite-era/

RIB Software invests in Chinese tech developer

Bochaosoft portfolio

Germany’s RIB Software takes a controlling interest in China’s Bochaosoft, adding strong Asian power engineering industry player to its portfolio of products. Stuttgart, Germany-based RIB Software has invested US$28.57M to buy 51% of Bochaosoft, a 350-strong China-based electric power and engineering BIM design software company. RIB was the subject of a €1.4bn bid from France-based …

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Permanent link to this article: http://extranetevolution.com/2020/06/rib-software-invests-chinese-tech-developer/

Procore: Lockdown accelerates demand for digital transformation

Independent research commissioned by SaaS vendor Procore shows a UK construction shift in technology adoption during the COVID-19 pandemic. Procore, the US-based provider of construction management software which has been expanding in the UK, says the COVID-19 pandemic has caused a shift in attitudes to technology in the construction industry. In March 2020 (read: Coronavirus, construction …

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Permanent link to this article: http://extranetevolution.com/2020/06/lockdown-accelerates-demand-digital-transformation-procore/

AEC reliance on email remains high, Mail Manager research shows

Mail Manager graphic

Despite adoption of online collaboration platforms, continued parallel use of email can cause problems for projects if a dispute arises, says Mail Manager Over two decades ago, the first Software-as-a-Service construction collaboration platforms were launched, holding out the promises of a “paperless office”, “access anywhere anytime and on any device”, and “a single source of …

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Permanent link to this article: http://extranetevolution.com/2020/06/aec-reliance-email-remains-high-mail-manager-research/

Bentley acquires NoteVault

NoteVault system integration

Bentley Systems has acquired US-based NoteVault, a provider of voice-based field automation for construction management. Bentley Systems‘ latest acquisition (announced on 3 June 2020 – no value given) is NoteVault, a San Diego, California-based provider of voice-based field automation for construction management. According to Bentley: “the acquisition expands Bentley’s SYNCHRO digital construction environment with industry-leading …

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Permanent link to this article: http://extranetevolution.com/2020/06/bentley-acquires-notevault/

Envision renamed E7

Envision-E7

Envision has rebranded as E7. The Brisbane, Australia-based, mobile-first Software-as-a-Service construction management solution provider (first profiled in Extranet Evolution in May 2011, with an update – Envision: building construction transparency – in April 2019) says the old name was not perfect for all markets in which it operated. “As we secure more and more projects across …

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Permanent link to this article: http://extranetevolution.com/2020/06/envision-renamed-e7/

GoReport/RICS survey highlights data privacy concerns

PropTech barriers (source: GoReport)

A GoReport/RICS proptech survey found industry respondents widely recognise digitisation opportunities, but adoption speeds vary, with privacy and ethical use of data seen as the biggest challenge to wider adoption. A proptech survey carried out by Belfast-based mobile survey technology vendor GoReport has found that industry respondents widely recognise digitisation opportunities, but adoption speeds vary. …

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Permanent link to this article: http://extranetevolution.com/2020/05/goreport-rics-highlights-data-privacy-concerns/

Coping with COVID-19 using Bentley ProjectWise 365

ProjectWise 365 - Design Review Screenshot

In April 2020, Bentley Systems announced it had opened up its ProjectWise 365 cloud service, including waiving subscription fees until 30 September 2020, to virtually connect infrastructure project participants forced to work from home due to the COVID-19 pandemic. Extranet Evolution talked to Bentley and to a US customer about how ProjectWise 365 has helped …

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Permanent link to this article: http://extranetevolution.com/2020/05/coping-covid-19-bentley-projectwise-365/

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