Tag: construction collaboration technology

thinkproject grows revenues 25% in 2019

Gareth Burton (think project! CEO)

Germany’s thinkproject increased its revenue by more than 25% in 2019 and anticipates continued double-digit revenue growth in 2020. Munich-based thinkproject, which describes itself as “Europe’s leading construction and engineering SaaS provider”, increased its revenue by more than 25% in 2019. Following profitable growth in the international construction software market, recent acquisitions, and continued investment …

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Permanent link to this article: http://extranetevolution.com/2020/02/thinkproject-grows-revenues-25-in-2019/

Asite revenues up 20% in 2019

Asite BIM escalator

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 …

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Permanent link to this article: http://extranetevolution.com/2020/01/asite-revenues-2019/

Tony Ryan, Asite CEO, dies suddenly

Tony Ryan at Adoddle17 launch

Tony Ryan, the flamboyant Irishman who has been CEO of SaaS technology vendor Asite since 2006, died suddenly in London yesterday (2 January 2020). Sad news from the London-based SaaS construction collaboration technology provider, Asite: “It is with great sadness that we announce that Tony Ryan, Chief Executive Officer of Asite, died yesterday in London, …

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Permanent link to this article: http://extranetevolution.com/2020/01/asite-ceo-tony-ryan-dies-suddenly/

Is contech a subset of proptech (or vice-versa)?

Industry digitisation in Europe

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 …

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Permanent link to this article: http://extranetevolution.com/2019/11/contech-subset-proptech/

Hivemap startup pins hopes on cloud analytics

Hivemap issues

London-based startup Hivemap launched in early 2019, and is trying to disrupt the construction collaboration market by a focus on business data analytics. New Civil Engineer’s TechFest event in September 2019 featured a ‘Dragons’ Den’ style contest between five early stage technology businesses. Alongside the relatively mature EviFile* (see post) was a London-based company which …

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Permanent link to this article: http://extranetevolution.com/2019/11/hivemap-startup-cloud-analytics/

thinkproject acquires German CDE specialist Conclude

Conclude cost control

Construction and engineering SaaS provider thinkproject has acquired fellow German CDE specialist Conclude, adding 5D BIM capability to the group’s portfolio. Munich-based Software-as-a-Service construction collaboration technology provider thinkproject has acquired 100% of fellow German common data environment (CDE) specialist Conclude GmbH (read announcement). No deal value has been disclosed. Based in Wuppertal near Dusseldorf, Conclude …

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Permanent link to this article: http://extranetevolution.com/2019/11/thinkproject-acquires-german-cde-specialist-conclude/

Bentley extends SaaS ProjectWise to SMEs

Projectwise 365

Bentley Systems has announced new capabilities in its ProjectWise collaboration platform, building on its integration with Microsoft 365, and attempting to reach potential users in small and mid-sized businesses. ProjectWise 365 is key to Bentley’s “project digital twin” approach. According to an August 2019 report from ARC Advisory Group (news release), Bentley Systems’ ProjectWise is …

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Permanent link to this article: http://extranetevolution.com/2019/10/bentley-extends-saas-projectwise-smes/

“BIM is not big data”

Big Data terminology

‘Buzzword bingo’ may occasionally include ‘Big Data’ – alongside terms such as BIM, business intelligence, artificial intelligence, machine learning and digital twins. Growing use of such terms in the built environment suggests we are beginning to appreciate the value of data – or how data demonstrates value. Common definitions of Big Data (such as the …

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Permanent link to this article: http://extranetevolution.com/2019/10/bim-is-not-big-data/

Deltek: integration key to digital transformation

CDBB diagram

The digital debate in the UK built environment has been moving beyond its recent obsession with building information modelling (BIM) and looking more widely at digital transformation and business “digitalisation”. Integration of back office, design and project management systems will be critical to the future success of many design firms, says Deltek. Some four years …

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Permanent link to this article: http://extranetevolution.com/2019/09/deltek-integration-digital-transformation/

TonicDM competes in PIM space

TonicDM logo

AECbytes‘ Lachmi Khemlani has written an interesting and detailed review of a US-developed Software-as-a-Service project information management solution (PIM) called TonicDM. (She distinguishes between PIM and project management solutions, such as Oracle Aconex, Procore, etc: “The basic difference is that PIM manages the large volumes of information associated with a project, whereas PM manages the …

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Permanent link to this article: http://extranetevolution.com/2019/05/tonicdm-competes-pim-space/

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