Category: Business/Financial

Oct 18 2007

Bricsnet raises $13m

US AEC and property solutions vendor Bricsnet has announced that “existing investors have approved implementation of a $13 million capital investment plan” (reports AECcafe.com). According to its news release, Bricsnet intends “to use the funds to enhance product development and services, and to extend its leadership in the growing market for retail, corporate and public sector …

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Permanent link to this article: http://extranetevolution.com/2007/10/bricsnet-raises/

Oct 09 2007

4Projects 2006 results

Keeping my records up-to-date, I checked on the financial results of UK construction collaboration technology vendor 4Projects for the year ending 31 March 2006 at Companies House. It seems I was a little over-optimistic about my April 2007 guess-timate for its performance…. Instead of reaching £2.7m turnover, it managed £2.291m, up 10% from its 2005 …

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Permanent link to this article: http://extranetevolution.com/2007/10/4projects-2006/

Sep 27 2007

Asite stops the rot

After three years of gradually dwindling turnover, UK-based construction collaboration technology vendor Asite looks like it has started to reverse the decline, mainly due to healthy revenues earned in the Middle East. Today’s Stock Exchange announcement of its interim results for the six months ended 30 June 2007 show gross revenues up 19% to £0.854m (from …

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Permanent link to this article: http://extranetevolution.com/2007/09/asite-stops-the/

Sep 24 2007

Aconex court case – date set for October

  The legal row between Aconex shareholders – Hawthorn Glen Pty Ltd v Aconex Pty Ltd – is set to reach court in Melbourne, Australia on 9 October (see Aconex in Australia shares court row, 22 August 2007). The trial, likely to last around seven days, is likely to have an impact on the running of the fast-growing …

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Permanent link to this article: http://extranetevolution.com/2007/09/aconex-court-ca-2/

Sep 14 2007

Aconex 2006 results

Having looked at the financial results of most of the major UK construction collaboration (extranet) vendors over the past few months (for example, Business Collaborator yesterday, StoreData earlier in the month), I realised that I hadn’t really examined Aconex in any detail. Although active in the UK and a member of the NCCTP, Aconex is an …

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Permanent link to this article: http://extranetevolution.com/2007/09/aconex-2006-res/

Sep 13 2007

A good six months for Business Collaborator

This morning’s London Stock Exchange announcement by Coda of its financial results for the six months ending 30 June 2007 include some snippets about UK collaboration vendor Business Collaborator‘s financial performance in the same period. Business Collaborator turnover was up 18% on 2006 to £1.381m, generating a £240k profit, marginally up on 2006’s £232k. According …

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Permanent link to this article: http://extranetevolution.com/2007/09/a-good-six-mont/

Sep 04 2007

StoreData results

The latest financial reports from retail fit-out specialist contractor Styles & Wood show that its StoreData division, which competes in the UK construction collaboration technology (aka ‘extranet’) field, did not have a good first six months in 2007. While overall group revenues and profits were up, StoreData “as expected … had a slower first half than last …

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Permanent link to this article: http://extranetevolution.com/2007/09/storedata-resul/

Aug 22 2007

Aconex in Australia shares court row

The tranquil world of online construction collaboration is not normally rocked by claims of political or financial feuds, but Aconex has unfortunately got caught up in an Australian court wrangle which features two well-known state politicians. Background Aconex was founded by Leigh Jasper (son of National Party MP Ken Jasper) and Rob Phillpot, with initial financial backing …

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Permanent link to this article: http://extranetevolution.com/2007/08/aconex-in-austr/

Aug 10 2007

The Road to SaaS

ASPnews.com has an excellent article, The Road to SaaS: 10 tips for a successful transition, by Luis Rivera, which is aimed at the managers of software companies that might be contemplating a move to Software-as-a-Service. It highlights some of the pivotal differences between the on-premise and hosted models, and the changes – from technological through …

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Permanent link to this article: http://extranetevolution.com/2007/08/the-road-to-saa/

Aug 08 2007

Suster leaves Salesforce.com

Mark Suster, one-time CEO of UK construction collaboration vendor BuildOnline (now CTSpace) has apparently left on-demand CRM business Salesforce.com, only four months after it acquired his Koral business (see post). I’ve seen it rumoured (Twitter) that Mark has joined a venture capital firm in Los Angeles. Tweet

Permanent link to this article: http://extranetevolution.com/2007/08/suster-leaves-s/

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