RedSky launches project collaboration platform, Project Connect, claiming potential 30-60% total cost savings against competing solutions. UK-based RedSky is set to launch a cloud-based construction document and process management platform, Project Connect, targeting its core market of small to medium-sized contractor customers. RedSky backstory Formed in 1978 and based in Hemel Hempstead, Hertfordshire, RedSky (until …
Tag: construction collaboration technology
Permanent link to this article: http://extranetevolution.com/2020/12/redsky-launch-project-connect-platform/
Nov 16 2020
EQT takes majority stake in thinkproject
European investment group EQT has taken a majority stake in Munich, Germany-based architecture, engineering and construction Software-as-a-Service provider thinkproject. The Stockholm, Sweden-based international investment group EQT has taken a majority stake in Munich, Germany-based architecture, engineering and construction Software-as-a-Service provider thinkproject (no financial details given). EQT investment Founded in 1994 and strongly associated with Sweden’s …
Permanent link to this article: http://extranetevolution.com/2020/11/eqt-majority-stake-thinkproject/
Nov 04 2020
Procore acquires estimating vendor Esticom, expands platform
Procore’s Groundbreak included news of a new acquisition – US estimating software provider Esticom – and a slew of product announcements, but no mention of the IPO, seemingly delayed due to the continuing impacts of the pandemic. The week after Bentley Systems’ Year in Infrastructure 2020 (see previous post) was Procore‘s annual Groundbreak event, also …
Permanent link to this article: http://extranetevolution.com/2020/11/procore-acquires-estimating-esticom/
Sep 23 2020
Former ‘Facebook for Construction’, FieldLens closing
FieldLens, the New York City-based mobile construction management technology provider, acquired by WeWork in June 2017, is set to shut down. FieldLens, the New York City-based mobile construction management technology provider once dubbed the “Facebook of Construction” is said to be closing down. The business largely disappeared after being acquired by WeWork in June 2017 (FieldLens acquired …
Permanent link to this article: http://extranetevolution.com/2020/09/former-facebook-construction-fieldlens-closing/
Sep 02 2020
NBS Chorus, Uniclass and CDEs
Formerly part of RIBA, NBS is positioning itself to be a ‘common data environment’ technology provider, with NBS Chorus building on its Uniclass and BIM toolkit data heritage. Until June 2018 a wholly-owned subsidiary of RIBA Enterprises, Newcastle, UK-based NBS has been actively involved in electronic publishing and then software projects since the 1990s. Initially, …
Permanent link to this article: http://extranetevolution.com/2020/09/nbs-chorus-uniclass-cdes/
Aug 25 2020
RIB launches Connex platform
RIB Software’s Scandinavian development team in Copenhagen has been extending the capabilities of the former Docia toolset, applying an ‘open BIM’ approach to delivering new Connex BIM functionality. Stuttgart, Germany-based RIB Software, now part of the French Schneider Electric group, has expanded through a series of acquisitions in recent years, while also growing its Software-as-a-Service …
Permanent link to this article: http://extranetevolution.com/2020/08/rib-launches-connex-platform/
Aug 24 2020
Bentley raises IPO prospect again
On Friday 21 August 2020, US-based engineering design and collaboration software-as-a-service vendor Bentley Systems announced it had filed a registration statement with the US Securities and Exchange Commission for a proposed initial public offering (IPO) of its Class B common stock. The shares of Class B common stock to be sold in the offering will …
Permanent link to this article: http://extranetevolution.com/2020/08/bentley-raises-ipo-prospect-again/
Aug 07 2020
Resolving extends mobile-first approach internationally
Well-established in France, Resolving is extending its mobile-first application to support international markets and BIM-based processes. The solution captures field progress, conformity inspections, commissioning and other field activities. There have been numerous changes of ownership among the leading vendors of Software-as-a-Service construction collaboration technologies in recent years. The spate of mergers and acquisitions has also …
Permanent link to this article: http://extranetevolution.com/2020/08/resolving-mobile-first-collaboration/
Jul 31 2020
Autodesk criticised by 35 named architects
Architectural unrest about Autodesk and its support for the industry’s design businesses is growing. Discontent has been simmering for a decade or more, and has led to calls for EU action. The recent open letter to Autodesk from 17 named members of a 25-strong group of leading architects (28 July 2020: Design firms demand change …
Permanent link to this article: http://extranetevolution.com/2020/07/autodesk-criticism-extends/
Jul 28 2020
Design firms demand change at Autodesk
A group of leading design practices have written an open letter to Andrew Anagnost, president and CEO of Autodesk to express concern at the increasing cost of ownership of Autodesk’s Revit software, its lack of development, and its poor support for interoperability. Seventeen well-known firms, including AHMM, Allies and Morrison, Aukett Swanke, Glenn Howells Architects, …
Permanent link to this article: http://extranetevolution.com/2020/07/design-firms-demand-change-at-autodesk/