Tag: construction collaboration technology

think project! set to expand

Thomas Bachmaier

Munich, Germany-based think project! group grew revenues 20% in 2018 and regards itself as Europe’s market leader in the SaaS construction collaboration market. Thomas Bachmaier, founder and CEO of Munich, Germany-based SaaS construction technology provider think project!, believes the business is set to grow even more strongly. Speaking during the first day of the group’s …

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Permanent link to this article: http://extranetevolution.com/2019/02/tthink-project-set-to-expand/

Construction Technology Report 2019: the designers’ view

NBS Construction Technology Report 2019

A recently published ‘Construction Technology Report’ from Newcastle-based NBS presents a view of digital adoption, but is flawed by its narrow focus on building design businesses. In May 2018, the 2018 (8th) annual BIM survey from NBS presented some data on adoption of common data environment (CDE) platforms by UK-based construction businesses. The data suggested a …

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Permanent link to this article: http://extranetevolution.com/2019/02/nbs-construction-technology-report-designers-view/

BIMtech provider Opentree acquired by Graitec

Andrew Frank

UK-based document and BIM process management software developer Opentree has been acquired by Graitec. Teesside, UK-based Opentree, a provider of enterprise document management solutions, has been acquired – for an undisclosed amount – by France-based Graitec, an Autodesk reseller and developer of BIM, fabrication and design software (it has a UK office in Southampton). Opentree’s …

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Permanent link to this article: http://extranetevolution.com/2019/01/opentree-acquired-by-graitec/

Procore closes US$75m funding round

Carpinteria, California-based SaaS construction technology provider Procore has announced that it has closed a $75 million funding round led by Tiger Global Management (in October 2018, Tiger Global raised $3.75bn for its latest VC tech investment fund, surpassing its initial target of $3bn – FT). This round, which values the company at $3 billion (up from $1bn …

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Permanent link to this article: http://extranetevolution.com/2018/12/procore-closes-us75m-funding-round/

RIB plans further cloud expansion

Mads Bording

Stuttgart, Germany’s RIB Software is expanding aggressively beyond its central European heartland, winning customers in Australia, the US, Asia and the UK, and plans growth in its cloud-delivered construction ecosystem developed in partnership with Microsoft. Earlier this autumn, I talked to RIB’s COO and executive board member Mads Bording about the company, which he joined …

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Permanent link to this article: http://extranetevolution.com/2018/11/rib-plans-further-cloud-expansion/

Growth continues at Asite

construction collaboration vendor revenues to June 2018

SaaS construction collaboration technology provider Asite grew its revenues and profits in the year to 30 June 2018. With AEC acquisitions happening almost monthly, is the London-based vendor the next big target? According to its just-published annual report (here), the London, UK-headquartered company saw revenues grow 12% from 2017 to £8,004,773 – around US$10.47m or €9.17m. …

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Permanent link to this article: http://extranetevolution.com/2018/11/growth-continues-at-asite/

Total Synergy launches enterprise solution

Synergy forecasting

Total Synergy’s latest SaaS product, Enterprise, features advanced forecasting and resource planning tools for architects, engineers and construction design firms. In time for last week’s Digital Construction Week show in London, North Sydney, Australia-based AEC project management software developer Total Synergy launched its new Synergy Enterprise platform, targeted at architects, engineers and construction design professionals. …

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Permanent link to this article: http://extranetevolution.com/2018/10/total-synergy-launches-enterprise-solution/

Bentley ProjectWise365 extends Microsoft integration

Noah Eckhouse - Bentley

At its 2018 Year in Infrastructure event in London last week, Bentley Systems announced the general availability of integration between ProjectWise 365 Services and Microsoft 365. ProjectWise is Bentley’s ‘workhorse for work sharing’ used by 70% of Engineering News-Record’s Top 250 Design Firms in the design and engineering of all types of infrastructure assets. Now 20 years …

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Permanent link to this article: http://extranetevolution.com/2018/10/projectwise365-extends-microsoft-integration/

iBinder – building on simplicity?

iBinder manual image

Swedish construction, procurement and property management Software-as-a-Service provider iBinder makes a virtue of its product’s simplicity; “Building on Simplicity” is the company’s slogan. iBinder is a company based in Örebro, Sweden, which has developed a simple-to-use project management system based on a ring-binder approach to construction information. The software, accessed via a standard web browser, mimics …

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Permanent link to this article: http://extranetevolution.com/2018/10/ibinder-building-on-simplicity/

Plangrid report highlights industry inertia

Plangrid productivity report graphic

Plangrid has expanded from north America into Europe, and is now aiming to improve construction productivity in the UK – its survey suggests the industry has a long way to go. In June 2014, I wrote about a then recently-launched California startup called Plangrid. The San Francisco company offered a simple-to-use, mobile-oriented platform to manage …

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Permanent link to this article: http://extranetevolution.com/2018/10/plangrid-report-highlights-industry-inertia/

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