Feb 04 2021
One-time Styles & Wood subsidiary, iSite (formerly StoreData) has been acquired by a London-based ERP vendor, 7FC, and relaunched. The commercial real estate platform iSite, based in Nottingham, has been acquired by 7FC, a London-based digital transformation agency specialising in ERP systems (working with partners Microsoft and Oracle, among others). The move expands 7FC’s portfolio …
Permanent link to this article: http://extranetevolution.com/2021/02/uks-isite-acquired-by-7fc/
Jan 20 2021
EHAB, a UK-based weather risk management platform that helps construction companies reduce the cost of weather interruptions, has raised further funding. English start-up, EHAB aims to help construction companies identify and plan for weather-related risks using decades’ worth of weather data. Its distributed ledger (blockchain) technology platform connects construction schedules produced in Primavera P6 to …
Permanent link to this article: http://extranetevolution.com/2021/01/weather-risk-management-platform-ehab-raises-investment/
Dec 17 2020
Byggfakta is acquiring Glenigan, the UK-based provider of construction and property business intelligence and data analytics, in its second UK deal in late 2020. Norway-based Byggfakta Group has swiftly followed up on its first UK acquisition – of Newcastle-based construction technology and product data provider NBS in November 2020 (post) – by announcing on 15 …
Permanent link to this article: http://extranetevolution.com/2020/12/nbss-new-owner-byggfakta-buys-glenigan/
Dec 17 2020
In 12 years, Nearmap has grown from a Western Australian aerial imagery startup into a AU$106M business with extensive operations in the US. Founded by Stuart Nixon in Perth, Western Australia, in 2008, Nearmap provides a cost-effective and high resolution aerial photography alternative to data from satellite imagery services such as Google Earth or drone-captured …
Permanent link to this article: http://extranetevolution.com/2020/12/aerial-data-capture-nearmap/
Dec 08 2020
RedSky launches project collaboration platform, Project Connect, claiming potential 30-60% total cost savings against competing solutions. UK-based RedSky is set to launch a cloud-based construction document and process management platform, Project Connect, targeting its core market of small to medium-sized contractor customers. RedSky backstory Formed in 1978 and based in Hemel Hempstead, Hertfordshire, RedSky (until …
Permanent link to this article: http://extranetevolution.com/2020/12/redsky-launch-project-connect-platform/
Nov 27 2020
UK-based construction technology and product data provider NBS has been acquired by the Byggfakta Group, in a deal that also secures RIBA’s long-term future. NBS, the Newcastle-upon-Tyne, UK-based construction technology provider has been acquired by the Byggfakta Group, a leading Scandinavia-based data and software provider to the European construction industry. The deal (value undisclosed) has …
Permanent link to this article: http://extranetevolution.com/2020/11/nbs-acquired-byggfakta/
Nov 19 2020
California, US-based Corecon Technologies has upgraded its cloud-based construction estimating, project management and job cost software suite. The related fields of estimating and bid management have been hot topics among US construction SaaS technology providers in late 2020. For example, at its annual Groundbreak event earlier this month, California-based Procore announced the acquisition of Esticom, …
Permanent link to this article: http://extranetevolution.com/2020/11/corecon-upgrades-estimating-module/
Nov 19 2020
Autodesk is expanding its Autodesk Construction Cloud, adding new products in 2021: Autodesk Build, Autodesk Quantify and Autodesk BIM Collaborate. Its BuildingConnected bidding platform has also been launched in the UK and Ireland Clouds are constantly moving and changing shape, and Autodesk’s cloud offering is no different. At this week’s virtual Autodesk University, Autodesk has …
Permanent link to this article: http://extranetevolution.com/2020/11/autodesk-construction-cloud-is-reshaped/
Nov 18 2020
Bentley Systems has established a US$100M business to invest in digital twin technologies, while Autodesk has launched a new product, Tandem, supporting digital twins. Bentley iTwin Ventures For some years a champion of ‘digital twin’ thinking (see EE August 2019 post: Bentley pushes ‘Digital Twin’ into AEC mainstream), Bentley Systems has committed US$100M of venture …
Permanent link to this article: http://extranetevolution.com/2020/11/bentley-autodesk-digital-twin/
Nov 16 2020
European investment group EQT has taken a majority stake in Munich, Germany-based architecture, engineering and construction Software-as-a-Service provider thinkproject. The Stockholm, Sweden-based international investment group EQT has taken a majority stake in Munich, Germany-based architecture, engineering and construction Software-as-a-Service provider thinkproject (no financial details given). EQT investment Founded in 1994 and strongly associated with Sweden’s …
Permanent link to this article: http://extranetevolution.com/2020/11/eqt-majority-stake-thinkproject/
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