Jun 11 2021
US AEC SaaS player Procore raised over $600m in its May 2021 IPO, but its global ambitions face significant competition. In February 2020, US-based construction Software-as-a-Service (SaaS) provider Procore filed its intention to make an initial public offering of its shares on the New York Stock Exchange. But the onset of the global COVID-19 pandemic …
Permanent link to this article: http://extranetevolution.com/2021/06/reflecting-procore-2021-ipo/
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/
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/
Jun 26 2020
Newcastle-upon-Tyne, UK-based xbim is facilitating BIM conversations with its new xbim Flex platform. A recent Extranet Evolution post (15 June 2020: AEC reliance on email remains high, Mail Manager research shows) highlighted the architecture, engineering and construction (AEC) sector’s continued reliance on email for communication. This struck a chord with Steve Lockley of Newcastle, UK-based …
Permanent link to this article: http://extranetevolution.com/2020/06/xbim-flex-targeting-aecs-continued-reliance-on-email/
Sep 10 2019
Many AEC firms use Microsoft SharePoint application internally. Now a cloud-based tool, it is the foundation of a new UK-developed solution, Atvero. A new Microsoft SharePoint-based project information management (PIM) solution, Atvero, was launched at the Royal Institute of British Architects in London today (10 September 2019). Developed in just over a year by a …
Permanent link to this article: http://extranetevolution.com/2019/09/atvero-office-365-sharepoint-based-pim/
Jul 18 2019
Another report, “Unlock the Benefits of Going Digital in Construction” from Bentley Systems, underlines the under-digitised nature of construction – a well-worn theme at industry conferences in recent years. Consultancies such as the McKinsey Global Institute have highlighted how construction digitalisation lags other industry sectors in the US, Europe and Australasia, while, in the UK, …
Permanent link to this article: http://extranetevolution.com/2019/07/bentley-highlights-need-digitise-construction/
May 24 2019
At the Viewpoint UK customer summit in London this week, the Trimble-owned business announced its ViewpointOne platform strategy. Some clarity on the future of the various solutions in the Viewpoint collaboration portfolio emerged at the Royal Institution of British Architects in London this week (22-23 May 2019), where the now-Trimble-owned business unveiled its intentions to …
Permanent link to this article: http://extranetevolution.com/2019/05/viewpointone-platform-shift/
Apr 03 2019
HammerTech raises Au$10m (US$7.11m) to fund expansion into the US, and accelerate its product development and sales and marketing. HammerTech, the Melbourne, Australia-based mobile provider of health, safety and quality software for the construction industry, has announced completion of a Au$10 million (US$7.11m – £5.4m or €6.33m) Series A financing. The funding was led by …
Permanent link to this article: http://extranetevolution.com/2019/04/hammertech-raises-10m/
Feb 26 2019
Microsoft’s new Hololens 2 mixed reality headset was launched at the Mobile World Congress alongside solutions from Bentley and Trimble. The launch of Microsoft’s latest Hololens 2 mixed reality product, showcased at the Mobile World Congress in Barcelona yesterday (25 February 2019), has prompted the immediate announcements of two related products by Bentley Systems and …
Permanent link to this article: http://extranetevolution.com/2019/02/bentley-trimble-hololens-2-products/
Feb 14 2019
A recently published ‘Construction Technology Report’ from Newcastle-based NBS presents a view of digital adoption, but is flawed by its narrow focus on building design businesses. In May 2018, the 2018 (8th) annual BIM survey from NBS presented some data on adoption of common data environment (CDE) platforms by UK-based construction businesses. The data suggested a …
Permanent link to this article: http://extranetevolution.com/2019/02/nbs-construction-technology-report-designers-view/
