Category: Business/Financial

Sword Group acquires ViaNovus

The Sword Group – parent of CTSpace, the construction collaboration technology provider that used to be known as BuildOnline and Citadon (see various posts) – has announced (see release) its acquisition (no transaction value given) of US-based ViaNovus and its Paragon suite of construction management products. Another version of the release adds ViaNovus will be operated as a unit of …

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Permanent link to this article: http://extranetevolution.com/2008/04/sword-group-a-1/

Styles & Wood management seek MBO

The management of fit-out contractor Styles & Wood, which includes construction collaboration technology business StoreData, is looking to take the company private via a private equity backed management buy-out (see 16 April Stock Exchange announcement). The 125p-a-share bid for Styles & Wood is on the low side, says an analyst with stockbroker Panmure Gordon in this …

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Permanent link to this article: http://extranetevolution.com/2008/04/styles-wood-man/

BuildOnline France: making heavy losses

I am indebted to occasional correspondent Emmanual Netter (see Une étude intéressante… (deux)) for providing me with some figures on the financial performance of the French arm of construction collaboration technology provider BuildOnline (part of CTSpace since December 2006) for the years 2003 to 2007 inclusive – based on information from the French equivalent of …

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Permanent link to this article: http://extranetevolution.com/2008/04/buildonline-fra/

Incite – update

Two months ago (INCITE = ThinkProject!), I wrote about Australia-based construction collaboration provider Nexus Point and the Incite product. I have just received a helpful email from Sean Kaye, Nexus Point’s managing director, updating me on a few details. First of all, Nexus Point Solutions never had an agreement of any sort with Baulogis; the minority …

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Permanent link to this article: http://extranetevolution.com/2008/04/incite-update/

UK bid-rigging scandal

Before I went on holiday, there was speculation about how many companies would be identified by the UK’s Office of Fair Trading as being involved in construction bid-rigging (see Contract Journal for some background). On Thursday, it was revealed that 112 companies had been accused of rigging thousands of public sector contracts worth billions of pounds, including …

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Permanent link to this article: http://extranetevolution.com/2008/04/uk-bid-rigging/

SaaS on the rise in Europe

Another survey reports growing interest in Software-as-a-Service (SaaS), this time across Europe (see CRN news story). After last week’s BIW UK survey, this week it’s the turn of analyst IDC, who interviewed 2077 managers from European organisations with 20 employees or more. Their survey found 37% of IT decision-makers will use SaaS to replace or supplement their …

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Permanent link to this article: http://extranetevolution.com/2008/04/saas-on-the-ris/

Site Waste Management Plans and collaboration platforms

  In England, Site Waste Management Plans (SWMPs) will become a legal requirement this weekend – from 6 April 2008 – and will affect anyone procuring, designing, planning or managing a construction project costing more than £300,000, plus suppliers to the construction industry, and environmental regulators ie: local authorities and the Environment Agency. Awareness of the …

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Permanent link to this article: http://extranetevolution.com/2008/04/site-waste-mana/

Web-hosted software on the rise

Various IT publications and websites (eg: Infomatics) are covering market research commissioned by [my employer] BIW Technologies which suggests the global credit crunch could prove to be a boost to the software as a service (SaaS) sector, as businesses opt to spread software spending over a longer period, according to research. These are the headlines, …

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Permanent link to this article: http://extranetevolution.com/2008/04/web-hosted-soft/

More on Web 2.0

Just a few days after I wrote about Web 2.0 and a Parity white paper, Cisco has just released a study on the use of video and Web 2.0 technology in businesses worldwide (see also ebiz story). The survey, of 850 corporate IT decision-makers, revealed that, as consumer adoption has grown, so companies have begun to embrace …

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Permanent link to this article: http://extranetevolution.com/2008/04/more-on-web-20/

Sword Group acquisition

The Sword Group (December 2007 buyer of troubled Anglo/US construction collaboration vendor CTSpace – see post) has been on the UK company acquisition trail again, buying Glasgow-based on-premises contact centre software developer Graham Technology. Update (2 April 2008): The value of the deal wasn’t originally announced, but Scottish newspaper reports (eg: The Herald) suggest a …

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Permanent link to this article: http://extranetevolution.com/2008/04/sword-group-acq/

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