Tag Archive: architecture

Sep 27 2016

Finalcad raises €20m Series B funding

Showing once again that there is a lot of investor interest in mobile-oriented construction collaboration platforms, Paris-based Finalcad has announced that is has secured €20m (US$22.4m or £17.25m) Series B funding to help finance its international development ambitions. FinalCad was established in France in 2011 and started to grew domestically following adoption by several major clients, …

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Permanent link to this article: http://extranetevolution.com/2016/09/finalcad-raises-e20m-series-b-funding/

Sep 27 2016

think project! targets Spain in JV with ProjectCenter

Munich, Germany-based SaaS construction collaboration technology vendor think project! has established a joint venture with Madrid-based ProjectCenter to target customers in Spain, Portugal and Latin America. According to a think project! news release, it will hold a majority stake in think project! Iberia. ProjectCenter back story As previously described (March 2013 post), ProjectCenter started life in …

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Permanent link to this article: http://extranetevolution.com/2016/09/think-project-targets-spain-in-jv-with-projectcenter/

Sep 12 2016

Conject deal boosts Aconex revenue growth

Last month (23 August), Australia-based Software-as-a-Service construction collaboration software vendor Aconex announced its financial results for the year to 30 June 2016, revealing underlying organic revenue growth of 31%, with the acquisition of Conject (completed on 31 March 2016) boosting total revenue growth to 50%. Total Aconex revenue was Au$123.4 million (c. US$93.3m, £70.1m, €82.8m), compared with …

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Permanent link to this article: http://extranetevolution.com/2016/09/conject-deal-boosts-aconex-revenue-growth/

Sep 05 2016

Newforma gets connected

Silos (both company and IT) have long inhibited collaboration in construction. Newforma’s ‘Connector’ strategy seeks to break them down. I recently wrote (16 August: Newforma now playing cloud catch-up?) about Newforma’s Cloud Services initiative, which has seen the vendor expand its extranet-type capabilities, complementing its original core on-premise, behind-the-firewall application. I spoke last Thursday to Newforma CEO …

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Permanent link to this article: http://extranetevolution.com/2016/09/newforma-gets-connected/

Aug 16 2016

Newforma now playing cloud catch-up?

It’s over 10 years since my first posts about US-based construction provider Newforma, and during the intervening decade the company has executed a gradual, but now almost complete, about-turn. In June 2006, Newforma was dismissive of cloud-based applications: senior executives described project extranets as “digital landfills” and insisted that we now call Software-as-a-Service had no traction in …

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Permanent link to this article: http://extranetevolution.com/2016/08/newforma-now-playing-cloud-catch-up/

Aug 15 2016

Corecon increases its SME appeal

California, US-based SaaS construction software vendor Corecon recently launched its ‘next generation’ construction software suite (read news release). Mainly targeting small and medium-sized businesses (numerically the largest sectors in most developed construction markets), the new version of Corecon features a new user interface that is said to increase speed and improve functionality, while speeding up implementation and …

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Permanent link to this article: http://extranetevolution.com/2016/08/corecon-increases-its-sme-appeal/

Jul 21 2016

Union Square acquired by Deltek

In an echo of an earlier US/UK acquisition in the construction IT space, ERP vendor Deltek has acquired UK project management software vendor Union Square. Mostly, ExtranetEvolution focuses on Software-as-a-Service solutions and related applications in the architecture, engineering and construction sector. However, I do keep an eye on vendors whose software solutions occasionally either compete …

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Permanent link to this article: http://extranetevolution.com/2016/07/union-square-acquired-by-deltek/

Jun 21 2016

TIM: The Inspection Manager

Almost since we first started to use mobile phones on construction sites, we have sought to use them to manage defects and conduct inspections (I was at BIW, later Conject, when it launched its Windows app in 2006). As a result, over the past 10 years, and particularly since the 2007 advent of the iPhone and …

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Permanent link to this article: http://extranetevolution.com/2016/06/tim-the-inspection-manager/

Jun 20 2016

think project! acquires Austrian sales partner

Almost exactly three months after Aconex acquired the Germany-based Conject business (post), the latter’s near-neighbour in Munich, think project!, has ac­quired 70% of its Aus­trian sales part­ner i-pm GmbH. Founded in 2004 and solely marketing think project!’s SaaS-based construction collaboration across Austria, i-pm will shortly rebrand to be­come think project! Öster­re­ich (Aus­tria). MD Michael Jug …

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Permanent link to this article: http://extranetevolution.com/2016/06/think-project-acquires-austrian-sales-partner/

Jun 01 2016

Aconex UK growth makes Conject deal look timely

Latest results from Aconex (UK) Ltd suggest the March 2016  Conject acquisition was timely, with the Australian giant’s European operation lagging behind regional rivals. I have monitored the performance of Aconex’s UK-based operation, Aconex (UK) Ltd for some years (since at least 2007). The Melbourne, Australia-based parent company has made great strides to become the dominant …

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Permanent link to this article: http://extranetevolution.com/2016/06/aconex-uk-growth-makes-conject-deal-look-timely/

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