Tag Archive: CIMIC

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/

Feb 23 2016

Aconex SaaS growth continues

Impressive 2015 revenue growth underlines Aconex’s AEC SaaS leadership position. Melbourne, Australia-based SaaS construction collaboration technology provider Aconex has announced an impressive set of half-year results, covering the six months up to 31 December 2015. They show the business grew its global revenues by 46%, from Au$38.1m in 2014 (see A rosy Aconex financial update) to Au$55.7m (c …

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Permanent link to this article: http://extranetevolution.com/2016/02/aconex-saas-growth-continues/

Jan 07 2016

Envision expanding capabilities

Australia’s Envision has developed into a powerful data hub well-suited to mega-projects. It’s almost five years since I was first contacted by Ennova’s Hugh Hofmeister to talk about the Brisbane, Australia-based company’s Envision construction project management platform (see May 2011 post). Then, a mobile-first approach to cloud-based construction management was relatively new, as was applying lean thinking, …

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Permanent link to this article: http://extranetevolution.com/2016/01/envision-expanding-capabilities/

Aug 13 2015

Aconex CIMIC deal absorbs SaaS rival

Melbourne, Australia-based SaaS construction collaboration technology vendor Aconex last week announced a strategic partnership with CIMIC Group. which will also see it absorb a rival Australian AEC SaaS technology provider. CIMIC (not to be confused with US construction software provider CMiC, or a Shanghai porcelain and stone business) was formerly the Australian contracting giant Leighton …

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Permanent link to this article: http://extranetevolution.com/2015/08/aconex-cimic-deal-absorbs-saas-rival/