Category: Business/Financial

Bentley Systems acquires PCSG

Mark Bew

Bentley Systems’ Year In Infrastructure 2020 has started with news of an acquisition: PCSG, the UK-based consultancy chaired by former UK BIM Task Group head Mark Bew, has been bought by Bentley Systems. The Cohesive Companies, a digital integrator investment of the Acceleration Fund of Bentley Systems has acquired UK-based Professional Construction Strategies Group (PCSG) …

Continue reading

Permanent link to this article: http://extranetevolution.com/2020/10/bentley-systems-acquires-pcsg/

Prin-D: a CDE for CDM

Prin-D graphic

Prin-D targets firms acting as Principal Designer under the UK’s Construction Design and Management (CDM) health and safety regulations. Via a blog post by Imanuel Steele on the IET website (Tackling record-keeping challenges in the construction industry with technology), I learned about Prin-D, a Manchester, UK-based startup established in 2017 that has developed a ‘CDM2015 …

Continue reading

Permanent link to this article: http://extranetevolution.com/2020/10/prin-d-cde-cdm/

AECTechTV reaches milestone

AECTechTV 102 subscribers

AECTech TV, the video contech news magazine launched by “Extranet Evolution” and “AEC Business” on 4 September 2020, now has over 100 YouTube subscribers. They are modest milestones and it’s very early days, but AECTech TV, the video contech news magazine announced in late August (Covering the contech space: AECTech.TV) and launched on 4 September …

Continue reading

Permanent link to this article: http://extranetevolution.com/2020/10/aectechtv-reaches-milestone/

Making data standards more discoverable

RED Foundation report data standards visualisation

Finding the right information in the right format at the right time heightens the need for data standards, says a recent report from the UK’s RED Foundation. With the explosion in creation of data and the resulting challenges this poses for finding the right information in the right format at the right time, two recent …

Continue reading

Permanent link to this article: http://extranetevolution.com/2020/10/making-data-standards-more-discoverable/

Former ‘Facebook for Construction’, FieldLens closing

FieldLens

FieldLens, the New York City-based mobile construction management technology provider, acquired by WeWork in June 2017, is set to shut down. FieldLens, the New York City-based mobile construction management technology provider once dubbed the “Facebook of Construction” is said to be closing down. The business largely disappeared after being acquired by WeWork in June 2017 (FieldLens acquired …

Continue reading

Permanent link to this article: http://extranetevolution.com/2020/09/former-facebook-construction-fieldlens-closing/

Bentley Systems’ IPO aims for $5.5 billion valuation

One Liberty Plaza, NYC

Bentley Systems has revised the targeted price range for its upcoming initial public offering (IPO), which could value the company at about US$5.49 billion (c. £4.28 billion or €4.68 billion). US-based architecture, engineering and construction software and services provider Bentley announced in August 2020 (Bentley raises IPO prospect again) that it had filed a registration …

Continue reading

Permanent link to this article: http://extranetevolution.com/2020/09/bentley-ipo-aims-5-5-billion-valuation/

UK publishes National Data Strategy

National Data Strategy

The UK Government’s National Data Strategy underlines the needs to improve data interoperability and to develop agreed standards if we want more effective use of data across the built environment The UK Government has launched a National Data Strategy and has set out actions it will take to support the use of data in the …

Continue reading

Permanent link to this article: http://extranetevolution.com/2020/09/uk-publishes-national-data-strategy/

AEC Tech TV goes live

Aarni Heiskanen

The first episode of AEC Tech TV went live on 3 September 2020. The construction technology video magazine show is co-presented by Extranet Evolution editor Paul Wilkinson and Aarni Heiskanen of Finland-based AEC Business (see Covering the contech space: AECTech.TV). AEC Tech TV episode 1 Topics covered in the first show included contributions from Europe, …

Continue reading

Permanent link to this article: http://extranetevolution.com/2020/09/aec-tech-tv-goes-live/

Norway’s Fonn attracts $3m, targets UK and US

Fonn devices

Fonn, a Norwegian sofware startup raises $3m to help fund its continued expansion in US, UK and European housebuilding markets. Norwegian construction SaaS software startup Fonn has announced a US$3m (c. €2.5m or £2.25m) funding round led by Oslo-based venture capital firm Idekapital. Aidiom, Investinor, Skagerak Maturo and Oxer Kapital were co-investors in the business, …

Continue reading

Permanent link to this article: http://extranetevolution.com/2020/09/norways-fonn-attracts-3m-targets-uk-us/

NBS Chorus, Uniclass and CDEs

NBS Chorus devices

Formerly part of RIBA, NBS is positioning itself to be a ‘common data environment’ technology provider, with NBS Chorus building on its Uniclass and BIM toolkit data heritage.  Until June 2018 a wholly-owned subsidiary of RIBA Enterprises, Newcastle, UK-based NBS has been actively involved in electronic publishing and then software projects since the 1990s. Initially, …

Continue reading

Permanent link to this article: http://extranetevolution.com/2020/09/nbs-chorus-uniclass-cdes/

Load more