Category: Vendors

Former ‘Facebook for Construction’, FieldLens closing

FieldLens

FieldLens, the New York City-based mobile construction management technology provider, acquired by WeWork in June 2017, is set to shut down. FieldLens, the New York City-based mobile construction management technology provider once dubbed the “Facebook of Construction” is said to be closing down. The business largely disappeared after being acquired by WeWork in June 2017 (FieldLens acquired …

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Permanent link to this article: http://extranetevolution.com/2020/09/former-facebook-construction-fieldlens-closing/

Bentley Systems’ IPO aims for $5.5 billion valuation

One Liberty Plaza, NYC

Bentley Systems has revised the targeted price range for its upcoming initial public offering (IPO), which could value the company at about US$5.49 billion (c. £4.28 billion or €4.68 billion). US-based architecture, engineering and construction software and services provider Bentley announced in August 2020 (Bentley raises IPO prospect again) that it had filed a registration …

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Permanent link to this article: http://extranetevolution.com/2020/09/bentley-ipo-aims-5-5-billion-valuation/

Norway’s Fonn attracts $3m, targets UK and US

Fonn devices

Fonn, a Norwegian sofware startup raises $3m to help fund its continued expansion in US, UK and European housebuilding markets. Norwegian construction SaaS software startup Fonn has announced a US$3m (c. €2.5m or £2.25m) funding round led by Oslo-based venture capital firm Idekapital. Aidiom, Investinor, Skagerak Maturo and Oxer Kapital were co-investors in the business, …

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Permanent link to this article: http://extranetevolution.com/2020/09/norways-fonn-attracts-3m-targets-uk-us/

NBS Chorus, Uniclass and CDEs

NBS Chorus devices

Formerly part of RIBA, NBS is positioning itself to be a ‘common data environment’ technology provider, with NBS Chorus building on its Uniclass and BIM toolkit data heritage.  Until June 2018 a wholly-owned subsidiary of RIBA Enterprises, Newcastle, UK-based NBS has been actively involved in electronic publishing and then software projects since the 1990s. Initially, …

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Permanent link to this article: http://extranetevolution.com/2020/09/nbs-chorus-uniclass-cdes/

Engineers seek ‘Good data for the public good’

Good Data for the Public Good

In ‘ Good Data for the Public Good”, the Institution of Engineering and Technology has called for AEC software vendors to adopt a more open approach to data in the 21st century. The UK-based Institution of Engineering and Technology (IET) paper, Good Data for the Public Good (downloadable here) has been written by members of …

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Permanent link to this article: http://extranetevolution.com/2020/08/engineers-seek-good-data-for-the-public-good/

Skrap: automating construction hire

Skrap graphic

Self-proclaimed skip hire disruptor, London’s Skrap has raised £1.2m and plans expansion to cover other construction hire needs. Skrap, a London-based startup, has raised £1.2m in seed funding as it sets out to transform how everything is hired in the construction industry by making it available on-demand. It claims a reputation as a ‘skip hire …

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Permanent link to this article: http://extranetevolution.com/2020/08/skrap-automating-construction-hire/

RIB launches Connex platform

RIB Connex mobile workflows

RIB Software’s Scandinavian development team in Copenhagen has been extending the capabilities of the former Docia toolset, applying an ‘open BIM’ approach to delivering new Connex BIM functionality. Stuttgart, Germany-based RIB Software, now part of the French Schneider Electric group, has expanded through a series of acquisitions in recent years, while also growing its Software-as-a-Service …

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Permanent link to this article: http://extranetevolution.com/2020/08/rib-launches-connex-platform/

Bentley raises IPO prospect again

Procore report graphic

On Friday 21 August 2020, US-based engineering design and collaboration software-as-a-service vendor Bentley Systems announced it had filed a registration statement with the US Securities and Exchange Commission for a proposed initial public offering (IPO) of its Class B common stock. The shares of Class B common stock to be sold in the offering will …

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Permanent link to this article: http://extranetevolution.com/2020/08/bentley-raises-ipo-prospect-again/

More designer unrest about Autodesk

ANZ letter

The recent UK-coordinated criticism by architects’ firms of Autodesk and its software development and licensing practices is nothing new. Similar approaches have been made in Australasia and South Africa. Unrest about Autodesk and its market dominance has been building for some years. Even before the company was criticised by 35 named architects last week, rumblings …

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Permanent link to this article: http://extranetevolution.com/2020/08/designer-unrest-autodesk/

Asite supports Africa’s Exceptional BIM

Exceptional BIM tiers

Growing Africa’s BIM capabilities is facing new challenges due to COVID-19, but Exceptional BIM, an online learning portal backed by Asite, is aiming to maintain momentum. BIM adoption in southern Africa has historically lagged more developed markets such as Europe, the US and the Asia Pacific region (Dec 2016: South Africa lagging …). However, there …

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Permanent link to this article: http://extranetevolution.com/2020/08/asite-supports-africa-exceptional-bim/

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