Category: SaaS

Reality capture, BIM and AI – Imerso, XYZ Reality and PointFuse

Nemetschek has led a financing round for Norway’s Imerso, whose platform combines reality capture, AI and BIM – areas also targeted by UK players XYZ Reality and PointFuse. Having invested in June 2021 in Sablono (post) [Update: and in July 2021 in US-based AI developer Reconstruct*], Germany-based Nemetschek Group has led a financing round  [financial …

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Permanent link to this article: http://extranetevolution.com/2021/12/reality-capture-bim-and-ai-imerso-xyz-reality-and-pointfuse/

Corecon upgrades reporting functionality

Corecon’s reporting upgrade includes new data views and APIs offering access to information across its cloud-based construction estimating, project management and job cost suite. California-based Corecon Technologies has announced a major upgrade to the reporting capabilities within its cloud-based construction estimating, project management and job cost software suite. Developed to capture information from all aspects of …

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Permanent link to this article: http://extranetevolution.com/2021/12/corecon-upgrades-reporting-functionality/

SearchLand secures seed funding

SearchLand website

Freshly seed-funded, London-based SearchLand enables property developers, architects and investors to find potential sites. London’s Digital  Construction Week may have dominated EE‘s attention this week (post), but there are interesting moves in the property technology world that potentially have a construction impact downstream. London-based proptech startup SearchLand has secured a £200,000 seed investment. Angel investors …

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Permanent link to this article: http://extranetevolution.com/2021/11/searchland-secures-seed-funding/

Previewing Digital Construction Week (DCW) in London

Causeway Live Design

The COVID-19 pandemic led to the postponement of London’s Digital Construction Week (DCW) show in 2020, and the event is finally set to take place this week at the ExCEL exhibition centre in east London on 24-25 November 2021. Among the DCW 2021 exhibitors…. 3DRepo 3DRepo have been busy lately, running their own British Information …

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Permanent link to this article: http://extranetevolution.com/2021/11/digital-construction-week-dcw-london/

Causeway acquires SpecifiedBy

Darren Lester - SpecifiedBy

Following the UK Grenfell fire disaster, specification of construction product information and the “Golden Thread” is in the spotlight. Product data management platforms such as SpecifiedBy work in this sector. UK-based construction software vendor Causeway has featured sporadically in ExtranetEvolution over the past 16 years, partly because its software portfolio has not been focused on …

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Permanent link to this article: http://extranetevolution.com/2021/10/causeway-acquires-specifiedby/

Graphisoft expands BIMcloud with SaaS option

Graphisoft's Ákos Pfemeter

Alongside Archicad 25, Graphisoft has announced enhancements to its BIMx model viewing and BIMcloud design collaboration applications, though these are consciously not ‘CDE’ products.  Hungary-based BIM software giant Graphisoft, part of the Nemetschek group, has announced (7 July 2021) the release of the latest version of its BIM software, Archicad 25. It has also released …

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Permanent link to this article: http://extranetevolution.com/2021/07/graphisoft-expands-bimcloud-saas-option/

Building Safety Bill opens opportunities for Operance

Operance FM

UK software vendor Operance has been involved in the development of practical solutions to deliver ‘the Golden Thread’ as part of the UK Government’s Building Safety Bill. Much of the attention on this week’s (5 July 2021) publication of the UK Government’s Building Safety Bill has understandably focused on the ongoing repercussions of the 2017 …

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Permanent link to this article: http://extranetevolution.com/2021/07/building-safety-bill-opens-opportunities-operance/

Procore expands into the Middle East and North Africa

Tooey Courtemanche, Procore CEO

Procore is expanding into the Middle East and North Africa through a strategic partnership with its Abu Dhabi-based investor Mubadala. Some six weeks after the May 2021 initial public offering (IPO) of its shares on the New York Stock Exchange (post), US-based construction management Software-as-a-Service (SaaS) provider Procore has continued its international extension. It has …

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Permanent link to this article: http://extranetevolution.com/2021/07/procore-expands-middle-east-north-africa/

viAct: AI-powered construction safety

viAct Danger Zones Alert

Recently receiving US$2m in seed funding, Hong Kong-based startup viAct is aiming to use artificial intelligence (AI) to create a “zero risk” smart construction site. Founded in 2016 and based in Hong Kong, viAct has developed an artificial intelligence (AI)-based cloud platform that provides construction sites with round-the-clock visual monitoring for quality, security, safety and …

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Permanent link to this article: http://extranetevolution.com/2021/06/viact-ai-powered-construction-safety/

Causeway secures £120m to expand

Phil Brown, CEO of Causeway

UK construction technology vendor Causeway plans strategic acquisitions and accelerated organic growth following £120 million Rothschild private equity injection. Causeway, the Buckinghamshire, UK-based construction technology group, has secured a £120 million (c US$166m or €139m)  investment from Five Arrows Principal Investments (the European corporate private equity arm of Rothschild & Co). The company says the …

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Permanent link to this article: http://extranetevolution.com/2021/06/causeway-secures-120m-expand/

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