Tag: collaboration

Feb 22 2018

Talking BIM and digital transformation

Last week, I was interviewed by Jim McHale of Stockholm, Sweden-based smart building research consultancy Memoori about collaboration, vendor M&A activity, building information modelling, digital transformation, smart buildings and related areas. Jim has posted the video online – it’s just over 20 minutes long: Tweet

Permanent link to this article: http://extranetevolution.com/2018/02/talking-bim-and-digital-transformation/

Feb 20 2018

Aconex delivers ‘solid’ first half growth

Melbourne, Australia-based SaaS construction collaboration technology provider Aconex has had what it describes as a ‘solid’ half-year performance. The company has announced its results for the six months to 31 December 2017, showing revenues growing 13% to A$86.9m – c. £49.1m or US$68.6m or €55.6m – compared to A$77m for the corresponding period in 2016. Aconex …

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Permanent link to this article: http://extranetevolution.com/2018/02/aconex-delivers-solid-first-half-growth/

Feb 12 2018

Invicara CEO: “We need a new generation of CDE vendors”

Anand Mecheri (Invicara)

Invicara CEO Anand Mecheri is looking to shake-up the SaaS CDE market by stressing it’s all about data, not files. Last month (January 2018), construction products giant Kingspan announced a US$10 million investment in Invicara, the developer of BIM Assure, a cloud-based building information model checking application. Soon after that announcement, I talked to Invicara’s …

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Permanent link to this article: http://extranetevolution.com/2018/02/invicara-ceo-we-need-a-new-generation-of-cde-vendors/

Feb 05 2018

Trimble acquires e-Builder for $500m

Just over a month after Oracle bid US$1.2 billion for Aconex, Trimble has invested US$500m to buy one of Aconex’s US-based SaaS competitors, e-Builder. On Friday 2 February, Trimble announced (news release) it had acquired privately-held Florida, US-based SaaS construction project management vendor e-Builder for US$500 million (c. £357m or €403m). Trimble says “e-Builder extends Trimble’s …

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Permanent link to this article: http://extranetevolution.com/2018/02/trimble-acquires-e-builder-for-500m/

Jan 29 2018

Ruddle to head GenieBelt UK

Copenhagen, Denmark-based GenieBelt, the mobile-first developer of cloud-based construction software, has appointed Jason Ruddle as managing director of its new UK operation with effect from April 2018. GenieBelt has historically retained strong personal connections with the UK. When I first talked in detail about the company (October 2014), my initial contacts were with one-time Davis …

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Permanent link to this article: http://extranetevolution.com/2018/01/ruddle-to-head-geniebelt-uk/

Jan 10 2018

Trimble connects with VolkerWessels

US construction technology provider Trimble has announced a strategic partnership with the Dutch construction business VolkerWessels to advance the latter’s use of Building Information Management (BIM) technology and improve the management and predictability of the contractor’s construction projects. As part of the collaboration, Trimble will closely work with VolkerWessels’ stakeholders to gather real-world feedback for …

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Permanent link to this article: http://extranetevolution.com/2018/01/trimble-connects-with-volkerwessels/

Dec 31 2017

New owners for iSite

A corporate merger between two UK construction businesses mainly engaged in the fit-out sector would not normally grab my attention. However, the pre-Christmas announcement that Styles & Wood is to be combined with interiors firm Southerns Group means a change of ownership for Styles & Wood’s information technology subsidiary, Nottingham-based iSite. Central Square Holdings Ltd (CSHL) …

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Permanent link to this article: http://extranetevolution.com/2017/12/new-owners-for-isite/

Dec 18 2017

Oracle to buy Aconex – reaction

Aconex share price to 18Dec2017

Admiration, apprehension, concern, excitement – SaaS construction collaboration vendors react to Oracle’s pitch to buy Aconex. Market reaction to Oracle’s Aconex acquisition announcement yesterday saw a predictable leap in Aconex’s share price on the Australian Securities Exchange. From Friday’s close of A$5.29, Aconex shares rocketed 44% to close at A$7.63 (just below Oracle’s offer price), …

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Permanent link to this article: http://extranetevolution.com/2017/12/oracle-to-buy-aconex-reaction/

Dec 17 2017

Oracle set to buy Aconex

US-based IT giant Oracle has announced it has offered to buy Melbourne, Australia-based Software-as-a-Service construction collaboration technology vendor Aconex, for Au$7.80 (Au$5.96) per share in cash, a deal valuing Aconex at approximately US$1.2 billion (c. Au$1.6bn, £0.9bn or €1.0bn). Project cost control The pre-internet giant has spent billions to compete in the cloud computing era – and this deal …

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Permanent link to this article: http://extranetevolution.com/2017/12/oracle-set-to-buy-aconex/

Oct 31 2017

BRE Databook: a step forward for BIM standards

Activeplan logo

Interoperability of data has been on my mind lately – Bricsys’s advocacy of IFC and the multi-vendor supported .DWG file format was highlighted last week, and yesterday we had the announcement of the merger of the UK BIM Alliance and buildingSMART UK&I. So I was interested to read that the UK’s BRE has launched a free-to-use …

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Permanent link to this article: http://extranetevolution.com/2017/10/bre-databook-a-step-forward-for-bim-standards/

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