Tag: Aconex

Feb 05 2018

Trimble acquires e-Builder for $500m

Just over a month after Oracle bid US$1.2 billion for Aconex, Trimble has invested US$500m to buy one of Aconex’s US-based SaaS competitors, e-Builder. On Friday 2 February, Trimble announced (news release) it had acquired privately-held Florida, US-based SaaS construction project management vendor e-Builder for US$500 million (c. £357m or €403m). Trimble says “e-Builder extends Trimble’s …

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Permanent link to this article: http://extranetevolution.com/2018/02/trimble-acquires-e-builder-for-500m/

Jan 30 2018

Shortlisted for smartest blogger

BIM Awards Finalist 2018

BIMShowLive 2018 is coming up in a month’s time – in Newcastle-upon-Tyne, UK, on 28 February and 1 March 2018 – but first there is the little matter of the BIM Awards, being held on 27 February. To my surprise, I have been shortlisted in the ‘Smartest Blogger’ category, where: … an individual … posts …

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Permanent link to this article: http://extranetevolution.com/2018/01/shortlisted-for-smartest-blogger/

Dec 18 2017

Oracle to buy Aconex – reaction

Aconex share price to 18Dec2017

Admiration, apprehension, concern, excitement – SaaS construction collaboration vendors react to Oracle’s pitch to buy Aconex. Market reaction to Oracle’s Aconex acquisition announcement yesterday saw a predictable leap in Aconex’s share price on the Australian Securities Exchange. From Friday’s close of A$5.29, Aconex shares rocketed 44% to close at A$7.63 (just below Oracle’s offer price), …

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Permanent link to this article: http://extranetevolution.com/2017/12/oracle-to-buy-aconex-reaction/

Dec 17 2017

Oracle set to buy Aconex

US-based IT giant Oracle has announced it has offered to buy Melbourne, Australia-based Software-as-a-Service construction collaboration technology vendor Aconex, for Au$7.80 (Au$5.96) per share in cash, a deal valuing Aconex at approximately US$1.2 billion (c. Au$1.6bn, £0.9bn or €1.0bn). Project cost control The pre-internet giant has spent billions to compete in the cloud computing era – and this deal …

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Permanent link to this article: http://extranetevolution.com/2017/12/oracle-set-to-buy-aconex/

Nov 24 2017

Connected Cost – Aconex’s game-changer?

Guy Barlow, Aconex

Guy Barlow, global commercial director for Connected Cost at Aconex, was speaking at the Project Controls Expo in London last week (16 November 2017). I talked to him before his presentation (on the world’s emerging ‘Giga projects’). Just over six months ago, Melbourne, Australia-based SaaS construction collaboration vendor Aconex finally publicly launched its Connected Cost solution, …

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Permanent link to this article: http://extranetevolution.com/2017/11/connected-cost-aconexs-game-changer/

Nov 10 2017

Aconex promotes from within

Tim Olshansky (Aconex CTO)

Melbourne, Australia-based SaaS construction collaboration technology vendor Aconex has announced the promotion of two employees to its executive team. Tim Olshansky has been appointed chief technology officer. He was most recently head of engineering, Americas, at Aconex. Previously he founded Worksite, provider of a SaaS project cost management solution that was acquired by Aconex in July …

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Permanent link to this article: http://extranetevolution.com/2017/11/aconex-promotes-from-within/

Oct 26 2017

Aconex boosts US Connected Cost team

Aconex has been boosting its Connected Cost sales and marketing efforts in the US, and is supporting digitisation efforts across the construction and engineering industries. Melbourne, Australia-based SaaS construction collaboration technology vendor Aconex has been recruiting heavily to boost its Connected Cost sales and marketing efforts in the US, with several former Oracle workers joining …

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Permanent link to this article: http://extranetevolution.com/2017/10/aconex-boosts-us-connected-cost-team/

Oct 18 2017

Viewpoint EMEA revenues up 30% in 2016

International collaboration vendor revenues

UK construction collaboration technology vendor Viewpoint grew revenues 30% in 2016 to £15.1m, reported a £2.5m profit, and is bullish about its 2017 prospects. Viewpoint‘s EMEA operation has shared its latest financial results with me, showing the Newcastle, UK-based SaaS construction collaboration technology vendor has increased revenues 30% year on year, in the year to …

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Permanent link to this article: http://extranetevolution.com/2017/10/viewpoint-emea-revenues-up-30-in-2016/

Oct 10 2017

Bentley acquires eBid Systems

Harry Vitelli

Adding bid management to the Bentley ProjectWise suite allows designers to reuse design information for a tender package. Then, after a contract had been awarded, project delivery can resume in ProjectWise. At Bentley Systems‘ Year in Infrastructure 2017 conference, I learned that Bentley had acquired a mature US-based e-tendering Software-as-a-Service vendor earlier this year. The …

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Permanent link to this article: http://extranetevolution.com/2017/10/bentley-acquires-ebid-systems/

Oct 05 2017

Opentree integrates with Viewpoint For Projects

BIM is a collaborative process increasingly supported by an ‘ecosystem’ of solutions that can seamlessly exchange information. Opentree provides some ‘glue’ between internal WIP and CDEs. At the Viewpoint EMEA user conference in May 2017, I met some of the people from Teesside, UK-based Opentree and talked about its Cabinet product, which facilitates the publication of information …

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Permanent link to this article: http://extranetevolution.com/2017/10/opentree-integrates-with-viewpoint-for-projects/

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