Tag: Aconex

Melbourne start-up Matrak attracts interest

Construction Sector Deal cover

Australian construction technology startup Matrak is attracting a lot of interest, having just raised Au$3 million in new funding. Melbourne, Australia-based construction technology startup Matrak is attracting a lot of interest, particularly after being described (by a former Aconex chairman) as the next potential Australian contech “unicorn” following the success of Aconex (acquired by Oracle …

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Permanent link to this article: http://extranetevolution.com/2019/07/melbourne-start-up-matrak-attracts-interest/

TonicDM competes in PIM space

TonicDM logo

AECbytes‘ Lachmi Khemlani has written an interesting and detailed review of a US-developed Software-as-a-Service project information management solution (PIM) called TonicDM. (She distinguishes between PIM and project management solutions, such as Oracle Aconex, Procore, etc: “The basic difference is that PIM manages the large volumes of information associated with a project, whereas PM manages the …

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Permanent link to this article: http://extranetevolution.com/2019/05/tonicdm-competes-pim-space/

Oracle launches Aconex Model Coordination

Oracle Aconex screengrab

Oracle has launched a new BIM coordination tool to expand its Aconex platform, now being assimilated into the Oracle portfolio It is just over a year since Oracle‘s 2017 US$1.2bn acquisition of the Australian Software-as-a-Service collaboration vendor Aconex was approved by shareholders, and since then the US giant has been relatively quiet about its new …

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Permanent link to this article: http://extranetevolution.com/2019/05/oracle-launches-aconex-model-coordination/

Envision: building construction transparency

Envision construction data

Envision is winning new infrastructure customers, and its data-centric approach fits with data-driven visions of the future of the industry currently known as construction. Envision is expanding its reach into civil engineering projects, and even reaching outside its Australasian heartland. The Brisbane, Australia-based field construction data platform is now being used extensively on road, rail …

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Permanent link to this article: http://extranetevolution.com/2019/04/envision-building-construction-transparency/

HammerTech raises Au$10m (US$7.1m)

HammerTech homepage

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 …

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Permanent link to this article: http://extranetevolution.com/2019/04/hammertech-raises-10m/

Construction Technology Report 2019: the designers’ view

NBS Construction Technology Report 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 …

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Permanent link to this article: http://extranetevolution.com/2019/02/nbs-construction-technology-report-designers-view/

Autodesk buys BuildingConnected

BuildingConnect World

Autodesk’s December 2018 acquisition of the BuildingConnected bid management platform for US $275m embeds Autodesk in the US pre-construction sector. On 20 December 2018, just over a month after announcing it was acquiring US-based SaaS construction management developer Plangrid, Autodesk announced it was also acquiring another US company: BuildingConnected, for US$275m. This San Francisco-based company specialises …

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Permanent link to this article: http://extranetevolution.com/2019/01/autodesk-buys-buildingconnected/

BIMtech provider Opentree acquired by Graitec

Andrew Frank

UK-based document and BIM process management software developer Opentree has been acquired by Graitec. Teesside, UK-based Opentree, a provider of enterprise document management solutions, has been acquired – for an undisclosed amount – by France-based Graitec, an Autodesk reseller and developer of BIM, fabrication and design software (it has a UK office in Southampton). Opentree’s …

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Permanent link to this article: http://extranetevolution.com/2019/01/opentree-acquired-by-graitec/

Construction-savvy Plangrid adds to Autodesk toolset

Bill Smith - Plangrid president, global ops

Plangrid has been expanding into the UK since 2017 with internationalisation now largely complete, and the solution now more about workflows than ‘sheet’ management. Company executive Bill Smith also identified how Plangrid complemented Autodesk’s design strengths. On 18 October 2018, around a month before Autodesk announced its US$875m acquisition of Plangrid, I talked to Bill …

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Permanent link to this article: http://extranetevolution.com/2018/11/construction-savvy-plangrid-adds-to-autodesk-toolset/

Growth continues at Asite

construction collaboration vendor revenues to June 2018

SaaS construction collaboration technology provider Asite grew its revenues and profits in the year to 30 June 2018. With AEC acquisitions happening almost monthly, is the London-based vendor the next big target? According to its just-published annual report (here), the London, UK-headquartered company saw revenues grow 12% from 2017 to £8,004,773 – around US$10.47m or €9.17m. …

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Permanent link to this article: http://extranetevolution.com/2018/11/growth-continues-at-asite/

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