Category: Business/Financial

BIM and housing

On Monday, I had an interesting meeting with Nick Clements of New Zealand-based software vendor Bisco, who plan to “revolutionise building by changing the way information flows through the building industry”. Bisco’s technology can extract information from various generic 3D CAD design models (ArchiCAD, AutoCAD Architecture, Autodesk Revit and – soon – Vectorworks) and then …

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Permanent link to this article: http://extranetevolution.com/2008/07/bim-and-housing/

Evening, Standard?

Earlier this week, technical people representing several construction collaboration technology vendors (all members of the NCCTP) met at Constructing Excellence‘s offices in central London. The purpose of their meeting – as has just been described by Aconex‘s Rob Phillpot (see NCCTP: Flogging a dead standard?) – was to take the next steps towards creation of …

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Permanent link to this article: http://extranetevolution.com/2008/06/evening-standard/

Asite finally returns to growth

UK construction collaboration technology vendor Asite has published its end-of-year results for the financial year ending 31 December 2007 (see London Stock Exchange notice). Building on the promising first half of the year (see Asite stops the rot), the company has finally reversed the declining revenues experienced for the previous three years, generating a turnover …

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Permanent link to this article: http://extranetevolution.com/2008/06/asite-finally-returns-to-growth/

Union Square grows 34%

At one time, Union Square Software Ltd was perceived as a competitor in the UK construction collaboration technology (or “project extranet”) market. However, these days it markets itself as a vendor of a construction-oriented “knowledge management and internal collaboration tool”, Workspace. According to its latest trading statement, its revenues grew 34% in the year to …

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Permanent link to this article: http://extranetevolution.com/2008/06/union-square-grows-34/

Collaboration and lean construction

Last year UK industry membership organisation Constructing Excellence organised an event (with Rubicon) focused on lean construction which managed to enthuse its London audience with ideas based around basic joined-up thinking on things like eliminating packaging, doing just-in-time delivery to site, simplifying electrical installations, etc. Like Greg Sorrentino, vice president and general manager of US …

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Permanent link to this article: http://extranetevolution.com/2008/06/collaboration-and-lean-construction/

Causeway acquires Connect

Not strictly about construction collaboration technology, but Causeway (or at least its Ireland based holding company, Causeway Software Solutions Ltd) – whose growing portfolio of solutions includes a collaboration application (Causeway ECM) based on Open Text Livelink ECM – has this week acquired another business. Less than a year after Causeway bought Elstree Computing (see …

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Permanent link to this article: http://extranetevolution.com/2008/06/causeway-acquires-connect/

Valuing SaaS businesses

Over the past year, I’ve mused a couple of times about what it might cost to acquire a construction collaboration SaaS business (see Valuing a SaaS business, for example, and CTSpace sold for just £6.5m). SaaS businesses are under the spotlight this week at the SIIA OnDemand Europe conference in Amsterdam, where Phil Wainewright took …

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Permanent link to this article: http://extranetevolution.com/2008/06/valuing-saas-businesses/

Permanent link to this article: http://extranetevolution.com/2008/05/busy-week-at-bentley/

Twice as green?

About a month ago, I received a copy of the first issue of Green I.T. magazine, a new publication from the publishers of Construction Computing (the latest to target sustainability issues in the business world – see my Think 08 post). The magazine is being "distributed every quarter to 70,000 IT professionals", but I've now …

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Permanent link to this article: http://extranetevolution.com/2008/05/twice-as-green/

Hawthorn Glen v Aconex – settled out of court

After months of acrimony and several days of expensive court hearings, the case brought by Hawthorn Glen, a major shareholder in Australia-based construction collaboration vendor Aconex, against the company and its joint managing directors Leigh Jasper and Rob Phillpot has been settled out of court. The Federal Court of Australia earlier today made a brief order: …

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Permanent link to this article: http://extranetevolution.com/2008/05/hawthorn-glen-v-aconex-settled-out-of-court/

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