Mar 11 2020
The latest consolidation in the global SaaS construction collaboration marketplace has seen Reading, UK-based GroupBC acquired by the US giant AEC software vendor Bentley Systems for an undisclosed amount. Jointly announcing the deal today (11 March 2020 news release), Bentley Systems says the two companies’ software solutions have been deployed for complementary purposes to improve project …
Permanent link to this article: http://extranetevolution.com/2020/03/bentley-buys-groupbc/
Mar 08 2020
The CIC’s new “Roadmap for Change” talks up the prospects of digital construction but gives very sketchy directions to its rosy tomorrow. Too much proptech, not enough BIM, and too little signposting to useful resources. I went to FutureBuild 2020 at London’s ExCEL twice last week, visiting various exhibitors, taking in some presentations on the …
Permanent link to this article: http://extranetevolution.com/2020/03/cic-roadmap-omits-vital-bim-route/
Feb 16 2020
Directors of Stuttgart, Germany-based RIB Software have urged shareholders to agree a €1.4 billion bid from Schneider Electric. Stuttgart, Germany-based RIB Software, which has been expanding its footprint in the architecture, engineering and construction (AEC) Software-as-a-Service space in recent years, is the subject of a €29 per RIB share from Schneider Electric, valuing the 1200-strong …
Permanent link to this article: http://extranetevolution.com/2020/02/schneider-electric-acquisition-rib-software/
Jan 31 2020
Germany’s RIB has invested in north America’s VIM AEC, an augmented reality startup founded by ex Revit executive Arol Wolford. After a busy 2019 during which Stuttgart-based RIB Software made several significant investments and acquisitions growing both its geographical footprint and its product portfolio, it has started 2020 in similar style (though few details of …
Permanent link to this article: http://extranetevolution.com/2020/01/rib-invests-revit-pioneer-vim-aec/
Jan 27 2020
AEC SaaS technology vendor Asite grew its revenues 20% in the year to 30 June 2019. Could the London-based business be an acquisition target? In the year to 30 June 2019, London-based construction Software-as-a-Service vendor Asite grew its revenues by 20.4%, from just over £8m in 2018 (post) to £9.638m (c. US$12.6m or €11.43m. According …
Permanent link to this article: http://extranetevolution.com/2020/01/asite-revenues-2019/
Jan 21 2020
CDEs? As BIM standards begin to emerge, do we also need some data exchange standards to support connected rather than common data environments? Concerted efforts to mobilise the UK built environment industry to adopt building information modelling (BIM) began around 10 years ago, but there is still some distance to go. Anecdotal industry feedback, plus …
Permanent link to this article: http://extranetevolution.com/2020/01/common-approach-common-data-environments-cdes/
Jan 20 2020
thinkproject, the Munich, Germany-based provider of Software-as-a-Service technologies to the construction and engineering sectors, has announced a partnership with Mensch und Maschine Software (M+M – also known in English-speaking markets as Man and Machine). Under the deal, M+M – a 1000-strong supplier of computer-aided design and manufacturing, product data management, and building information modelling applications …
Permanent link to this article: http://extranetevolution.com/2020/01/thinkproject-german-reseller/
Nov 27 2019
Some writers seem to regard contech as a small subset of proptech, but data created during asset delivery will be a foundation for many future proptech transactions. I recently subscribed to a proptech newsletter from James Dearsley’s online community Unissu, wanting to understand a little more about how the real estate world is developing, using …
Permanent link to this article: http://extranetevolution.com/2019/11/contech-subset-proptech/
Nov 06 2019
Germany’s RIB Software has invested in another India-based software business, bought a German business intelligence specialist, and acquired an Australian reseller. Stuttgart, Germany-based RIB Software, provider of enterprise software for the building, construction and real estate industries, has made a flurry of recent announcements, including another investment in an India-based software business, the purchase of a …
Permanent link to this article: http://extranetevolution.com/2019/11/rib-continues-ma-programme/
Nov 05 2019
London-based Kreo has adopted a Freemium model to grow early adoption of its SaaS BIM software. Just over a year since launching (post), London-based startup Kreo‘s cloud-based software platform supporting building information modelling (BIM) using artificial intelligence (AI) and machine learning has started to grow a strong user base. One factor has been its adoption …
Permanent link to this article: http://extranetevolution.com/2019/11/kreo-freemium-model-grows-user-base/
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