Mar 24 2020
US construction collaboration SaaS technology provider Procore planned to offer its shares on the New York Stock Exchange in the near future, but its plans could be undermined by the coronavirus pandemic. On 28 February 2020, California, US-based construction collaboration SaaS technology provider Procore filed registration documents with the US Securities and Exchange Commission relating …
Permanent link to this article: http://extranetevolution.com/2020/03/procore-ipo-prolonged-coronavirus-lockdown/
Mar 17 2020
Amid a continuing UK BIM discussion regarding use of ‘common data environments’, CDEs, Ireland’s BIMLauncher is already connecting some vendors’ platforms at a document-centric level. Truly connected BIM is a long way off, believes BIMLauncher CEO John Egan. In January 2020 (Towards connected data environments, CDEs), I wondered about the need for data exchange standards …
Permanent link to this article: http://extranetevolution.com/2020/03/open-cdes-and-bimlauncher/
Mar 11 2020
The latest consolidation in the global SaaS construction collaboration marketplace has seen Reading, UK-based GroupBC acquired by the US giant AEC software vendor Bentley Systems for an undisclosed amount. Jointly announcing the deal today (11 March 2020 news release), Bentley Systems says the two companies’ software solutions have been deployed for complementary purposes to improve project …
Permanent link to this article: http://extranetevolution.com/2020/03/bentley-buys-groupbc/
Feb 11 2020
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 …
Permanent link to this article: http://extranetevolution.com/2020/02/thinkproject-grows-revenues-25-in-2019/
Jan 27 2020
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 …
Permanent link to this article: http://extranetevolution.com/2020/01/asite-revenues-2019/
Jan 03 2020
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, …
Permanent link to this article: http://extranetevolution.com/2020/01/asite-ceo-tony-ryan-dies-suddenly/
Nov 27 2019
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 …
Permanent link to this article: http://extranetevolution.com/2019/11/contech-subset-proptech/
Nov 22 2019
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 …
Permanent link to this article: http://extranetevolution.com/2019/11/hivemap-startup-cloud-analytics/
Nov 04 2019
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 …
Permanent link to this article: http://extranetevolution.com/2019/11/thinkproject-acquires-german-cde-specialist-conclude/
Oct 22 2019
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 …
Permanent link to this article: http://extranetevolution.com/2019/10/bentley-extends-saas-projectwise-smes/
