Tag: 4Projects

McGraw-Hill and Meridian to collaborate

Yet another AECcafe story (also carried by Cadalyst). McGraw-Hill Construction has formed a partnership with construction project management software vendor Meridian Systems to provide “more streamlined tools for managing digital program and project controls, project documents, and construction information”. The relationship will see Meridian’s software, including Prolog and Proliance, integrated with McGraw-Hill’s Construction Network and …

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Permanent link to this article: http://extranetevolution.com/2009/02/mcgraw-hill-and-meridian-to-collaborate/

RICSe-tendering.com hardly used – not ‘baffling’

Building today reports that the Royal Institution of Chartered Surveyors‘ e-tendering system has been used only 50 times in the 15 months since its launch. The institution is said to be ‘baffled’; its executive director Joe Martin remarks: “never underestimate the power of inertia.” Drivers Jonas partner Mike Cuthbert is scornful of the RICS becoming …

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Permanent link to this article: http://extranetevolution.com/2009/01/ricse-tenderingcom-hardly-used-not-baffling/

Give us the figures, Cadweb!

UK construction collaboration technology vendor Cadweb has published a website news release about its financial performance in 2008 that tries to give a positive outlook without any figures to flesh out the claims. Cadweb says it had “very strong growth in turnover and profits” last year. Turnover was apparently up 21% from 2007, while profitability …

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Permanent link to this article: http://extranetevolution.com/2009/01/give-us-the-figures-cadweb/

BIW grows 27% to September 2008

UK-based construction collaboration software-as-a-service (SaaS) technology vendor BIW Technologies [my employer] grew its turnover 27% to £7.3 million in the year to 30 September 2008, it announced yesterday, with profits more than doubling to £1.1 million; the value of unrecognised revenues in the order book was up to £12.77 million (see news release). On both …

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Permanent link to this article: http://extranetevolution.com/2008/12/biw-grows-27-to-september-2008/

BuildOnline UK revises past performance

New figures available from the UK regulator, Companies House, show that BuildOnline UK, the UK-based construction collaboration vendor that is now part of CTSpace, waived a substantial debt prior to its 2006 merger with Citadon. It appears BuildOnline also substantially overstated its revenues for four years. However, the business was still operating at a loss …

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Permanent link to this article: http://extranetevolution.com/2008/11/buildonline-uk-revises-past-performance/

Recession and the construction SaaS providers

The R-word has arrived. In his Brickonomics blog, my good friend Brian Green today talks, not for the first time, about “the recession in construction”, which he says “is looking increasingly desperate as the giant commercial sector appears to be heading for a nasty fall”. Earlier this year, like many industry people, I was hopeful …

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Permanent link to this article: http://extranetevolution.com/2008/11/recession-and-the-construction-saas-providers/

The new ‘extranet’ battleground

In the past couple of months, there has been a sudden explosion in the number of construction collaboration vendors offering process management solutions. On 21 August, Aconex announced “a major upgrade to its Workflows module, which supports advanced document management in large or complex project environments”. The features apparently include “a wizard that allows users …

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Permanent link to this article: http://extranetevolution.com/2008/10/the-new-extranet-battleground/

Aconex gets private equity injection

The Australian business press (eg: Melbourne’s The Age, Australian IT, MIS Australia, Smart Company Briefing) has been busy reporting news that Australia-based SaaS-based construction collaboration technology vendor Aconex has secured a AU$107.5m (£48.8m) private equity investment (see also Aconex news release and listen to ZDnet Australia podcast). Not since the reckless days of the dot.com …

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Permanent link to this article: http://extranetevolution.com/2008/09/aconex-gets-private-equity-injection/

Construction Computing Awards 2008

Shortlists for online voting in 21 categories of the 2008 Construction Computing Awards (see post) have been announced, with several companies making it into the finals of multiple categories, including: Autodesk (12 categories), Causeway (eight), RedSky IT and the Content Group (six each), Bentley and Tekton (five each), and 4Projects, BIW Technologies [my employer], Graphisoft, …

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Permanent link to this article: http://extranetevolution.com/2008/09/construction-computing-awards-2008/

4Projects to open US and Canada bases

UK SaaS-based construction collaboration technology vendor 4Projects is looking to establish bases in the US and Canada, reports north-east England regional newspaper The Journal. A year after its private equity-backed MBO (see post), marketing director Duncan Mactear says “We have continued to increase revenue, turnover and most importantly for the region, we have increased the …

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Permanent link to this article: http://extranetevolution.com/2008/08/4projects-to-open-us-and-canada-bases/

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