Tag: construction collaboration technology

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/

A Viewpoint view: clients now the key

Mark Coates

Whole-life thinking by owner-operator clients – and by their investors – will change how technology is adopted and applied, believes SaaS vendor Viewpoint’s head of strategic asset development, Mark Coates. “We are on the cusp of a major sea-change in client attitudes to how built assets are delivered,” believes Mark Coates, the UK-based head of …

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Permanent link to this article: http://extranetevolution.com/2018/09/a-viewpoint-view-clients-the-key/

Vectorworks underlines its open BIM credentials

Vectorworks Nomad image

Design authoring tool specialist Vectorworks adheres to the Nemetschek-wide policy of ‘Open BIM’, and, in addition to its inbuilt webviewing and cloud services tools, offers some integration to third party ‘common data environments’, CDEs. Interoperability remains a major challenge for many construction IT users, with single vendor proprietary file and data formats vying with more …

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Permanent link to this article: http://extranetevolution.com/2018/09/vectorworks-underlines-its-open-bim-credentials/

Spark exits Viewpoint UK

Viewpoint - a Trimble company

Former 4Projects, now Viewpoint, VP EMEA Steve Spark leaves Trimble’s UK construction collaboration Software-as-a-Service technology business, with a former Sage executive joining the Newcastle firm. Viewpoint EMEA commercial director Steve Spark is leaving the now-Trimble-owned construction collaboration Software-as-a-Service technology company to become CRO at a haulage and logistics software company based in his native north-east …

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Permanent link to this article: http://extranetevolution.com/2018/09/spark-exits-viewpoint-uk/

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