Tag Archive: Australia

Aug 22 2017

Aconex continues 31% growth trend

Aconex share price 22Aug2017

Aconex continues to grow revenues, effectively doubling in two years. Two-thirds of its business now comes from outside Australasia. Melbourne, Australia-based Software-as-a-Service construction collaboration software vendor Aconex has announced its financial results for the year to 30 June 2017, reporting 31% revenue growth for the second year running (results were affected by exchange rates: at a constant currency, growth …

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Permanent link to this article: http://extranetevolution.com/2017/08/aconex-continues-31-growth-trend/

Aug 18 2017

RIB revamps iTWOcx

RIB’s cloud-based construction collaboration platform has been updated, with its SaaS operations contributing about 13% of total group revenues. In a previous post, I mentioned RIB‘s iTWOcx (the product formerly known as Australia’s ProjectCentre – acquired by Germany’s RIB in October 2012). A new release of the cloud-based platform was recently launched, with the business …

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Permanent link to this article: http://extranetevolution.com/2017/08/rib-revamps-itwocx/

Aug 17 2017

Asite (briefly) excited about Australia

Since the mid-2000s, the Australian SaaS construction collaboration market has been led by Aconex, but rivals are queuing up to chip away at its domestic dominance. On 22 June, I noted how London, UK-based SaaS construction collaboration technology provider Asite was pumping out a stream of news announcements – its G-Cloud, Redrow and Imtech announcements …

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Permanent link to this article: http://extranetevolution.com/2017/08/12048/

May 18 2017

Aconex: CEO Leigh Jasper interviewed (Pt 3)

Aconex shareprice all time to 17 May 2017

In the final section of this three-part Extranet Evolution interview with Aconex CEO Leigh Jasper (read part one; part two), the focus is digital transformation and long-term growth prospects. Digitising construction As a former McKinsey consultant, Jasper was pleased to talk about the McKinsey Global Institute’s ‘Digital Transformation’ reports showing how developed economies (like Australia, US, …

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Permanent link to this article: http://extranetevolution.com/2017/05/aconex-ceo-leigh-jasper-interviewed-pt-3/

May 17 2017

Aconex: CEO Leigh Jasper interviewed (Pt 2)

Connected BIM

In the second part of this now three-part Extranet Evolution interview with Aconex CEO Leigh Jasper (read part one), we talk about building information modelling, FM, mobile and other product development ideas. Collaborative BIM Conject’s merger with BIW was a prolonged process, with key developments in areas such as mobile technology and BIM delayed at …

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Permanent link to this article: http://extranetevolution.com/2017/05/aconex-leigh-jasper-interview-pt-2/

May 16 2017

Aconex: CEO Leigh Jasper interviewed (Pt 1)

Aconex Woking

Aconex CEO Leigh Jasper was in the UK recently, and talked to Extranet Evolution. This first instalment of a two three-part interview discusses outcomes of the Conject acquisition and the development of the Connected Cost application. The day after an Aconex investor presentation in Melbourne was a good time to get an update on the Australian …

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Permanent link to this article: http://extranetevolution.com/2017/05/aconex-ceo-leigh-jasper-interviewed-pt-1/

May 08 2017

Procore opens Australia office

Tooey Courtemanche

A major player in the US construction technology market, Procore is going to take on Aconex in its Australian back yard. California, US-based Procore, a provider of cloud-based construction management software, has opened an office in Sydney, Australia, with experienced construction SaaS veteran Milton Walters appointed vice-president of marketing for the APAC region. Procore says it …

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Permanent link to this article: http://extranetevolution.com/2017/05/procore-opens-australia-office/

Apr 27 2017

Aconex launches Connected Cost

Rob Phillpot

It’s taken nearly two years, but Aconex finally announced the launch of Connected Cost earlier this month, potentially heralding a move into construction payment management. With its July 2015 acquisition of US-based Worksite, a project cost management solution developed at ARES Project Management LLC, the Melbourne, Australia-based construction collaboration vendor Aconex started working towards integration of project cost …

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Permanent link to this article: http://extranetevolution.com/2017/04/aconex-launches-connected-cost/

Mar 23 2017

Aconex shares plunge then plateau

Brexit uncertainty has affected Aconex’s projected growth, with the company’s share price tumbling as a result. It’s been an interesting couple of months for the Melbourne, Australia-based SaaS construction collaboration vendor Aconex. At the end of January, the company provided a half-year trading update and 2017 financial year forecast; there were changes to the executive team, …

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Permanent link to this article: http://extranetevolution.com/2017/03/aconex/

Feb 08 2017

think project! attracts new investment

In January 2017, TA As­so­ci­ates, a lead­ing global growth pri­vate eq­uity firm, an­nounced it has com­pleted an in­vest­ment in Munich, Germany-based think project!, a provider of cross-en­ter­prise col­lab­o­ra­tion and in­for­ma­tion man­age­ment soft­ware to the con­struc­tion and en­gi­neer­ing in­dus­tries. Fi­nan­cial terms of the trans­ac­tion were (unfortunately) not dis­closed. J. Mor­gan Sei­gler, a man­ag­ing di­rec­tor at TA …

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Permanent link to this article: http://extranetevolution.com/2017/02/think-project-attracts-new-investment/

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