Category Archive: Business/Financial

Nov 15 2016

SaaS for AEC subcontractors and SMEs

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While some SaaS vendors focus on the needs of main/general contractors and owners, eSub aims to provide an easy-to-use mobile project management solution specifically for subcontractors, while TidyBuild supports SME business needs. For some years, the construction collaboration technology sector largely focused on web-based platforms to support whole project delivery, creating a single central repository for …

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Permanent link to this article: http://extranetevolution.com/2016/11/saas-for-aec-subcontractors-and-smes/

Nov 14 2016

Trimble enhances cloud and mobile tech

Trimble expands its mixed reality, mobile and cloud collaboration capabilities. Among the subjects I discussed with Bentley executives at the recent 2016 Year In Infrastructure conference in London was an announcement regarding an alliance with GIS technology provider TopCon – and whether this changed Bentley’s relationship with fellow US technology giant, Trimble, announced in 2014 …

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Permanent link to this article: http://extranetevolution.com/2016/11/trimble-enhances-cloud-and-mobile-tech/

Nov 14 2016

Bentley and Siemens agree strategic alliance

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Bentley alliance with Siemens re-emphasises the importance of the cloud and a “connected data environment”. The recent Bentley Year in Infrastructure conference in London passed with hardly a mention of the Initial Public Offering (IPO) first mooted in July 2015 – on 2 November, for the second year running, CEO Greg Bentley dampened IPO speculation, …

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Permanent link to this article: http://extranetevolution.com/2016/11/bentley-and-siemens-agree-strategic-alliance/

Nov 13 2016

Rapport3: SaaS practice management

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Surrey, UK-based Cubic Interactive markets its Rapport3 SaaS platform to professional AEC practices – could it connect to collaboration platforms too? Nine years ago, I briefly encountered Cubic Interactive at the 2007 Construction Computing Show (post), but they were mainly focused on on-premise intranet-type solutions, and competing with Union Square (now part of the Deltek …

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Permanent link to this article: http://extranetevolution.com/2016/11/rapport3-saas-practice-management/

Nov 01 2016

Bentley announces its ‘Totex’ AssetWise solution

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At Bentley Systems’ 2016 Year in Infrastructure conference in London this week, the company has announced the availability of its whole-life data solution, AssetWise CONNECT Edition, complementing the ProjectWise CONNECT Edition launched a year ago (post). Connected data is a recurring theme. A connected data environment Greg Bentley said the CONNECT Editions of AssetWise and ProjectWise provide …

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Permanent link to this article: http://extranetevolution.com/2016/11/bentley-announces-its-totex-assetwise-solution/

Nov 01 2016

Newforma: collaboration more important than ever

Jim Forester

Collaboration is now more critical than ever as British firms look to other global markets to understand how best to adapt post-Bexit, says Newforma. I talked to Newforma co-founder Jim Forester when he was in London recently. With the UK political establishment still in turmoil after the EU Referendum result, and the construction industry concerned …

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Permanent link to this article: http://extranetevolution.com/2016/11/newforma-collaboration-more-important-than-ever/

Oct 31 2016

Conject UK grew 12% in 2015

Following the parent group’s March 2016 acquisition by Aconex, I overlooked the July 2016 publication of Conject UK‘s financial results for the year ending 31 December 2015. These show the Woking, Surrey-based business grew revenues by 12% from 2014‘s £5.696m to £6.385m (c US$9.48m or €8.71m at 2015 rates), and also increased profitability, returning a …

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Permanent link to this article: http://extranetevolution.com/2016/10/conject-uk-grew-12-in-2015/

Oct 28 2016

Aconex forecasts 39% growth

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Melbourne, Australia-based SaaS construction collaboration vendor, Aconex, provided a trading update covering the quarter ending 30 September 2016 on Monday (25 October announcement). Gross cash receipts totalling Au$41.8 million (US$31.65m, £26.1m or €29.01m), showing an increase of 44% from the first quarter last year (clearly boosted by now including Conject revenues). Net operating cash flow …

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Permanent link to this article: http://extranetevolution.com/2016/10/aconex-forecasts-39-growth/

Oct 25 2016

Viewpoint UK revenues up 48% in 2015

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2015 was a bumper year for Viewpoint‘s EMEA-based collaboration business, with revenues up 48% and a return to operational profitability. According to accounts filed at UK Companies House, total revenue for the year to 31 December 2015 was £11.457m (about US$16.84m or €15.58m at 2015 exchange rates) up from £7.717m in 2014 (post). Positive trends …

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Permanent link to this article: http://extranetevolution.com/2016/10/viewpoint-uk-revenues-up-48-in-2015/

Oct 24 2016

Think Project! strengthens European base

Think Project! CEO Thomas Bachmaier is optimistic about his business’s prospects in the increasingly competitive European SaaS construction collaboration technology market. The Munich, Germany-based company is now facing stronger competition in its core markets following the acquisition of key competitor Conject by the international market leader Aconex in March 2016, but has been busy expanding …

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Permanent link to this article: http://extranetevolution.com/2016/10/think-project-strengthens-european-base/

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