Tag Archive: Australia

Oct 28 2016

Aconex forecasts 39% growth

Melbourne, Australia-based SaaS construction collaboration vendor, Aconex, provided a trading update covering the quarter ending 30 September 2016 on Monday (25 October announcement). Gross cash receipts totalling Au$41.8 million (US$31.65m, £26.1m or €29.01m), showing an increase of 44% from the first quarter last year (clearly boosted by now including Conject revenues). Net operating cash flow …

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Permanent link to this article: http://extranetevolution.com/2016/10/aconex-forecasts-39-growth/

Oct 25 2016

Viewpoint UK revenues up 48% in 2015

2015 was a bumper year for Viewpoint‘s EMEA-based collaboration business, with revenues up 48% and a return to operational profitability. According to accounts filed at UK Companies House, total revenue for the year to 31 December 2015 was £11.457m (about US$16.84m or €15.58m at 2015 exchange rates) up from £7.717m in 2014 (post). Positive trends …

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Permanent link to this article: http://extranetevolution.com/2016/10/viewpoint-uk-revenues-up-48-in-2015/

Oct 12 2016

Createmaster targets project handover

London-based Createmaster describe themselves as “experts in process led, construction information handover management”. The business provides a combination of hands-on document management services and software-based services; its digital handover documentation services are managed using an online application called DocumentPark, and include: Operation & Maintenance Manuals (O&Ms) Health & Safety Files Asset Registers & Planned Preventative Maintenance Schedules BIM …

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Permanent link to this article: http://extranetevolution.com/2016/10/createmaster-targets-project-handover/

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 20 2016

Kykloud wins major English schools survey project

Mobile Software-as-a-Service asset management application vendor Kykloud has secured one of the largest asset data collection projects in the UK. The firm’s solution is to be used by teams of surveyors who, over the next three years, will be reviewing the condition of around 80,000 buildings in 22,000 state-funded schools across England as part of the Education Funding Agency’s (EFA) …

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Permanent link to this article: http://extranetevolution.com/2016/09/kykloud-wins-major-english-schools-survey-project/

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/

Aug 05 2016

Oracle building its construction offering

A Construction Index news story today about the Bank of England’s decision yesterday to reduce the central bank interest rate to 0.25% highlighted once again the UK construction industry’s poor record on prompt payment. It quotes the National Federation of Builders’s chief executive Richard Beresford: “The construction industry has the worst payment record of any …

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Permanent link to this article: http://extranetevolution.com/2016/08/oracle-building-its-construction-offering/

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 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/

May 26 2016

Viewpoint 2016 UK customer summit

Viewpoint Construction Software‘s 2016 UK customer summit reconvened at London’s Grange Tower Bridge Hotel again this week, and, with more delegates (c. 150) from more companies (55) than last year, now looks to be outgrowing the venue. For many of those attending the two-day event, it was a first opportunity to hear from Manolis Kotzabasakis …

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Permanent link to this article: http://extranetevolution.com/2016/05/viewpoint-2016-uk-customer-summit/

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