Today I have been hearing about redundancies among staff at one of the UK’s leading construction collaboration vendors. This news comes as no surprise. The writing has been on the wall for all the collaboration vendors since the credit crunch hit last year. Widespread project postponements and cancellations have led to corresponding reductions across the …
Tag: Aconex
Permanent link to this article: http://extranetevolution.com/2009/06/gloomy-times-for-saas-collaboration-vendors/
Feb 09 2009
Deeper recession: SaaS and AEC
Since my post last month on the likely impact of the global financial crisis on the Software-as-a-Service (SaaS) market and on SaaS (and other ICT) providers in the architecture, engineering and construction (AEC) sector in particular, I have seen one or two other SaaS bloggers echo my thinking. The latest is Jeff Kaplan. In Is …
Permanent link to this article: http://extranetevolution.com/2009/02/deeper-recession-saas-and-aec/
Jan 13 2009
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 …
Permanent link to this article: http://extranetevolution.com/2009/01/give-us-the-figures-cadweb/
Dec 31 2008
Reviewing 2008
Just as I did last year (see Reviewing 2007), I have been looking back at my five predictions for 2008 (see one, two, three, four and five for more detail). 1. Further polarisation of the UK construction collaboration marketplace. I do think the UK market has polarised a little further, though the trend may have …
Permanent link to this article: http://extranetevolution.com/2008/12/reviewing-2008/
Dec 22 2008
PCM acquired by Confluence, KOL gone
Late last month, I wrote about Pettifer Construction (a website holding page now says the “Company has now ceased to trade” and gives contact details for the administrators), its construction management business, PCM [a PR client of mine in the late 1990s] and its specialist IT firm, KnowledgeOnline. There had been a report of interest …
Permanent link to this article: http://extranetevolution.com/2008/12/pcm-acquired-by-confluence/
Dec 12 2008
Aconex (UK) Ltd – 2007 update
A Companies House filing of report and accounts for Aconex (UK) Ltd, the UK arm of Australia-based construction collaboration technology vendor Aconex, showed that it had a turnover in the year ending 30 June 2007 of £588,035 (up from the previous year’s £325,391). It made a small pre-tax loss of £12,383 – a big improvement …
Permanent link to this article: http://extranetevolution.com/2008/12/aconex-uk-ltd-2007-update/
Dec 11 2008
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 …
Permanent link to this article: http://extranetevolution.com/2008/12/biw-grows-27-to-september-2008/
Nov 25 2008
Aconex reports…
Australia-based construction collaboration Software-as-a-Service (SaaS) vendor Aconex has published its financial results for the year ending 30 June 2008. As with most annual reports and accounts, there is a lot of dry legal/accounting talk to wade through (thankfully, I am no accountant!), but for me the key points are: Aconex revenues and order book are …
Permanent link to this article: http://extranetevolution.com/2008/11/aconex-reports/
Nov 04 2008
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 …
Permanent link to this article: http://extranetevolution.com/2008/11/recession-and-the-construction-saas-providers/
Oct 13 2008
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 …
Permanent link to this article: http://extranetevolution.com/2008/10/the-new-extranet-battleground/
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