Category: Vendors

Newforma acquires EleVia

Brock Philp, Newforma CEO

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 …

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Permanent link to this article: http://extranetevolution.com/2019/12/newforma-acquires-elevia/

AI in construction: chatbots for marketing and training

Daden image

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 …

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Permanent link to this article: http://extranetevolution.com/2019/12/chatbots-construction/

Hivemap startup pins hopes on cloud analytics

Hivemap issues

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 …

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Permanent link to this article: http://extranetevolution.com/2019/11/hivemap-startup-cloud-analytics/

Plangrid: Slow digital adoption hampers productivity

Plangrid Digital Groundwork 2019 graphic

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 …

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Permanent link to this article: http://extranetevolution.com/2019/11/slow-digital-adoption-delays-productivity-improvement-says-plangrid/

RIB continues M&A programme

Datapine laptop image

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 …

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Permanent link to this article: http://extranetevolution.com/2019/11/rib-continues-ma-programme/

Kreo freemium model grows user base

Kreo View screengrab

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 …

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Permanent link to this article: http://extranetevolution.com/2019/11/kreo-freemium-model-grows-user-base/

thinkproject acquires German CDE specialist Conclude

Conclude cost control

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 …

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Permanent link to this article: http://extranetevolution.com/2019/11/thinkproject-acquires-german-cde-specialist-conclude/

Bentley extends SaaS ProjectWise to SMEs

Projectwise 365

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 …

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Permanent link to this article: http://extranetevolution.com/2019/10/bentley-extends-saas-projectwise-smes/

“BIM is not big data”

Big Data terminology

‘Buzzword bingo’ may occasionally include ‘Big Data’ – alongside terms such as BIM, business intelligence, artificial intelligence, machine learning and digital twins. Growing use of such terms in the built environment suggests we are beginning to appreciate the value of data – or how data demonstrates value. Common definitions of Big Data (such as the …

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Permanent link to this article: http://extranetevolution.com/2019/10/bim-is-not-big-data/

Trimble SiteVision AR solution launched

Trimble SiteVision is an augmented reality (AR) solution that enables users to visualise 2D and 3D data at 1:1 scale on virtually any project site with connectivity. Trimble has launched SiteVision, an outdoor augmented reality (AR) solution that enables users to visualise 2D and 3D data on virtually any project site with mobile phone or …

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Permanent link to this article: http://extranetevolution.com/2019/10/trimble-sitevision-ar-solution-launched/

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