Tag: 4Projects

4projects boosts profits

UK construction collaboration vendor 4Projects has lodged its annual report and accounts for the year ended 31 March 2007 with Companies House (the figures were also reported by UK trade newspaper Contract Journal). The results relate to the last full financial year before the management buyout of 4Projects Holdings Ltd (see MBO at 4Projects) in July. …

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Permanent link to this article: http://extranetevolution.com/2007/11/4projects-boost/

Construction Computing Show 2007

Later this month, I will be presenting a 25-minute seminar at 2pm on both days of the Construction Computing Show 2007 at the Emirates Stadium in north London, 21-22 November. The educational seminar programme is being run by the IT Construction Forum (part of Constructing Excellence) and several of its IT Partners are involved: BIW of …

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Permanent link to this article: http://extranetevolution.com/2007/11/construction-co/

RICSetendering.com

Almost exactly two years after it published its own guidance note on electronic tendering (see my critique), the RICS has launched its own online tendering solution, imaginatively branded ricsetendering.com, with full-page advertisements in UK trade journal Building and banner ads on Building‘s website this month. The solution is run on the OGC framework platform provided by BravoSolution (part of …

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Permanent link to this article: http://extranetevolution.com/2007/10/ricsetenderingc/

Website woes

Last week was a bit of a nightmare. The main BIW corporate website, www.biwtech.com, suddenly became unavailable due to a server problem at the hosting company used by our website designer (important note: the production servers delivering BIW’s collaboration applications are, of course, totally separate – with a different company, Attenda – and have remained online throughout). The hosting company …

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Permanent link to this article: http://extranetevolution.com/2007/10/website-woes/

Collaboration vendors on awards trail – 2

Just over a week since my post mentioning the second running of the Construction Computing Awards 2007, I have just received an email from the organisers saying that online voting for the shortlisted candidates is now under way. Looking at the shortlists from a construction collaboration technology viewpoint, almost every NCCTP member is represented somewhere …

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Permanent link to this article: http://extranetevolution.com/2007/10/collaboration-1/

4Projects 2006 results

Keeping my records up-to-date, I checked on the financial results of UK construction collaboration technology vendor 4Projects for the year ending 31 March 2006 at Companies House. It seems I was a little over-optimistic about my April 2007 guess-timate for its performance…. Instead of reaching £2.7m turnover, it managed £2.291m, up 10% from its 2005 …

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Permanent link to this article: http://extranetevolution.com/2007/10/4projects-2006/

Collaboration vendors on awards trail

Last Friday, I was honoured to present the ‘Integration and Collaborative Working’ award – sponsored by BIW [my employer] – at the Constructing Excellence London and South-east England awards dinner, held in central London. The winner, by the way, was the Dartford Team (including the Highways Agency, Costain, Jacobs and Mouchel Parkman) for the A2/A282 junction improvement …

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Permanent link to this article: http://extranetevolution.com/2007/10/collaboration-v/

Asite stops the rot

After three years of gradually dwindling turnover, UK-based construction collaboration technology vendor Asite looks like it has started to reverse the decline, mainly due to healthy revenues earned in the Middle East. Today’s Stock Exchange announcement of its interim results for the six months ended 30 June 2007 show gross revenues up 19% to £0.854m (from …

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Permanent link to this article: http://extranetevolution.com/2007/09/asite-stops-the/

NCCTP at Constructing Excellence members’ convention

The NCCTP was introduced as the latest membership forum within Constructing Excellence at yesterday’s Members’ Convention in London (see post), and half the NCCTP members were represented by staff at the event (4Projects, Aconex [no fewer than five of their people!], Asite and BIW). I also had a long chat with Karl Williams of the …

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Permanent link to this article: http://extranetevolution.com/2007/09/ncctp-at-constr/

Valuing a SaaS business

Last week, I briefly speculated on how you value an IT business, skimming across several alternative approaches before focusing on the ‘precedent’ approach in the context of UK construction collaboration software vendor 4Projects’ MBO. I did suggest being a Software-as-a-Service (SaaS) business might improve its valuation, but I didn’t know by how much. Over the weekend, however, …

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Permanent link to this article: http://extranetevolution.com/2007/08/valuing-a-saas/

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