Dec 12 2019
Tel Aviv-based Buildots uses 360-degree wearable cameras and AI for “automated detection of schedule and design discrepancies.” At October’s Digital Construction Week 2019 trade show in London, I spotted Israeli startup Buildots among the exhibitors. I didn’t have chance to learn more then, but the company presented at December’s COMIT community day (held in IFS‘s …
Permanent link to this article: http://extranetevolution.com/2019/12/buildots-site-visual-data-capture/
Dec 03 2019
Newforma, the US-based provider of hybrid (on-premise and cloud) project information management technology backed since mid 2017 by Battery Ventures, has announced the acquisition of Minneapolis-based EleVia, a financial software company for the architecture and engineering vertical market (no deal value given). Founded in 2016, EleVia delivers and supports software that facilitates key financial and …
Permanent link to this article: http://extranetevolution.com/2019/12/newforma-acquires-elevia/
Dec 02 2019
Applying artificial intelligence and machine learning in construction might involve using chatbots for lead generation on building trade websites, as well as for training. I have been talking about artificial intelligence and construction sporadically for some time, and a news release about a new UK service for lead generation in the building trade reminded me …
Permanent link to this article: http://extranetevolution.com/2019/12/chatbots-construction/
Nov 27 2019
Some writers seem to regard contech as a small subset of proptech, but data created during asset delivery will be a foundation for many future proptech transactions. I recently subscribed to a proptech newsletter from James Dearsley’s online community Unissu, wanting to understand a little more about how the real estate world is developing, using …
Permanent link to this article: http://extranetevolution.com/2019/11/contech-subset-proptech/
Nov 22 2019
London-based startup Hivemap launched in early 2019, and is trying to disrupt the construction collaboration market by a focus on business data analytics. New Civil Engineer’s TechFest event in September 2019 featured a ‘Dragons’ Den’ style contest between five early stage technology businesses. Alongside the relatively mature EviFile* (see post) was a London-based company which …
Permanent link to this article: http://extranetevolution.com/2019/11/hivemap-startup-cloud-analytics/
Nov 07 2019
Slow adoption of digital technology on the construction site continues to hamper the productivity of UK construction firms says a PlanGrid report, while another UK report suggests digital transformation is well advanced. The industry’s digital maturity needs to be more rigorously assessed. A recent survey of UK construction professionals suggests productivity is being held back …
Permanent link to this article: http://extranetevolution.com/2019/11/slow-digital-adoption-delays-productivity-improvement-says-plangrid/
Nov 06 2019
Germany’s RIB Software has invested in another India-based software business, bought a German business intelligence specialist, and acquired an Australian reseller. Stuttgart, Germany-based RIB Software, provider of enterprise software for the building, construction and real estate industries, has made a flurry of recent announcements, including another investment in an India-based software business, the purchase of a …
Permanent link to this article: http://extranetevolution.com/2019/11/rib-continues-ma-programme/
Nov 05 2019
London-based Kreo has adopted a Freemium model to grow early adoption of its SaaS BIM software. Just over a year since launching (post), London-based startup Kreo‘s cloud-based software platform supporting building information modelling (BIM) using artificial intelligence (AI) and machine learning has started to grow a strong user base. One factor has been its adoption …
Permanent link to this article: http://extranetevolution.com/2019/11/kreo-freemium-model-grows-user-base/
Nov 04 2019
Construction and engineering SaaS provider thinkproject has acquired fellow German CDE specialist Conclude, adding 5D BIM capability to the group’s portfolio. Munich-based Software-as-a-Service construction collaboration technology provider thinkproject has acquired 100% of fellow German common data environment (CDE) specialist Conclude GmbH (read announcement). No deal value has been disclosed. Based in Wuppertal near Dusseldorf, Conclude …
Permanent link to this article: http://extranetevolution.com/2019/11/thinkproject-acquires-german-cde-specialist-conclude/
Oct 22 2019
Bentley Systems has announced new capabilities in its ProjectWise collaboration platform, building on its integration with Microsoft 365, and attempting to reach potential users in small and mid-sized businesses. ProjectWise 365 is key to Bentley’s “project digital twin” approach. According to an August 2019 report from ARC Advisory Group (news release), Bentley Systems’ ProjectWise is …
Permanent link to this article: http://extranetevolution.com/2019/10/bentley-extends-saas-projectwise-smes/
