Category: Business/Financial

KAPIO: PAYG project management

Kapio dashboard

Danish construction technology firm, Optimise International, has launched a “pay-as-you-go” SaaS project controls application, Kapio Cloud. For less than the price of a cup of coffee, Copenhagen, Denmark-based construction technology developer, Optimise International, has introduced a cloud-based “pay-as-you-go” project controls application, Kapio Cloud, offered at a daily cost per user of  €1.99. And contract commitments …

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Permanent link to this article: http://extranetevolution.com/2019/04/kapio-payg-project-management/

Envision: building construction transparency

Envision construction data

Envision is winning new infrastructure customers, and its data-centric approach fits with data-driven visions of the future of the industry currently known as construction. Envision is expanding its reach into civil engineering projects, and even reaching outside its Australasian heartland. The Brisbane, Australia-based field construction data platform is now being used extensively on road, rail …

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Permanent link to this article: http://extranetevolution.com/2019/04/envision-building-construction-transparency/

HammerTech raises Au$10m (US$7.1m)

HammerTech homepage

HammerTech raises Au$10m (US$7.11m) to fund expansion into the US, and accelerate its product development and sales and marketing. HammerTech, the Melbourne, Australia-based mobile provider of health, safety and quality software for the construction industry, has announced completion of a Au$10 million (US$7.11m – £5.4m or €6.33m) Series A financing. The funding was led by …

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Permanent link to this article: http://extranetevolution.com/2019/04/hammertech-raises-10m/

33% SaaS growth boosts RIB results

Mads Bording

Germany’s RIB Group grew 26% in 2018, boosted by its SaaS operations, with its Microsoft partnership expected to grow its SaaS user base ten-fold in 2019. Stuttgart, Germany-based software provider RIB Group has published its results for the year to 31 December 2018 showing revenue up over 26% on 2017, with the company planning to …

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Permanent link to this article: http://extranetevolution.com/2019/04/33-saas-growth-boosts-rib-results/

Huw Roberts takes helm at Graphisoft

Huw Roberts

Graphisoft appoints former US architect and Bentley executive Huw Roberts as its next CEO. Hungary-based BIM software giant Graphisoft has appointed one-time Bentley executive Huw Roberts as its new chief executive officer. He succeeds Viktor Várkonyi, who will be heading the parent Nemetschek group’s new planning division. During 27 years at Graphisoft, Várkonyi contributed to …

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Permanent link to this article: http://extranetevolution.com/2019/04/huw-roberts-graphisoft/

Opidis: Idox rebrands McLaren

Paris SNCF station

A year ago, Idox group rebranded its McLaren business to Opidis. The firm’s FusionLive solution is being used to support BIM working on a French railway project. Following a series of personnel changes and reorganisations in 2014, the Idox Group subsidiary McLaren Software largely disappeared from my radar – I was only briefly reminded of …

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Permanent link to this article: http://extranetevolution.com/2019/04/idox-rebrands-mclaren-opidis/

Ehab pioneering AEC blockchain

CBC homepage

It might be something of an over-hyped industry buzzword, but blockchain is exciting academic and investor interest, with London-based Ehab an early beneficiary. When I wrote recently about blockchain for construction contracts, I was also reading a little more widely about blockchain in preparation for a technology lecture I gave to students at Middlesex University. …

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Permanent link to this article: http://extranetevolution.com/2019/03/ehab-aec-blockchain/

PMWeb opens London office, targeting Europe

PMWeb London launch

Already a busy market with numerous cloud-based information technology suppliers, Europe construction and real estate sector is now being marketed by another US-based business, PMWeb. Founded by Marc Jaude (now president of the company) in 2006 and based in Wakefield, Massachusetts (just north of Boston), PMWeb describes itself as provider of “the world’s leading Construction …

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Permanent link to this article: http://extranetevolution.com/2019/03/pmweb-opens-london-office-targeting-europe/

Buildiro launches tradesman app

Lukas Polach (Buildiro CEO)

Start-up Buildiro is launching a mobile application aimed at independent construction contractors, and helping offline merchants get online, but faces significant marketing challenges. According to Lukas Polach, founder and CEO of London-based startup Buildiro, the average tradesman spends a significant portion of every job in their van, traveling to the hardware store in search of …

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Permanent link to this article: http://extranetevolution.com/2019/02/buildiro-launches-tradesman-app/

AI, Machine Learning, construction and bots

AI sector deal

Construction is waking up to the opportunities posed by artificial intelligence and machine learning to mine rich data and deliver powerful business insights and predictions. Artificial intelligence (AI), machine learning and data analytics have been mentioned sporadically in Extranet Evolution since 2013, when I looked at software tools used by India’s Transbit Technologies to automate …

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Permanent link to this article: http://extranetevolution.com/2019/02/ai-machine-learning-construction/

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