Tag Archive: Construction

Sep 27 2016

Finalcad raises €20m Series B funding

Showing once again that there is a lot of investor interest in mobile-oriented construction collaboration platforms, Paris-based Finalcad has announced that is has secured €20m (US$22.4m or £17.25m) Series B funding to help finance its international development ambitions. FinalCad was established in France in 2011 and started to grew domestically following adoption by several major clients, …

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Permanent link to this article: http://extranetevolution.com/2016/09/finalcad-raises-e20m-series-b-funding/

Sep 27 2016

think project! targets Spain in JV with ProjectCenter

Munich, Germany-based SaaS construction collaboration technology vendor think project! has established a joint venture with Madrid-based ProjectCenter to target customers in Spain, Portugal and Latin America. According to a think project! news release, it will hold a majority stake in think project! Iberia. ProjectCenter back story As previously described (March 2013 post), ProjectCenter started life in …

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Permanent link to this article: http://extranetevolution.com/2016/09/think-project-targets-spain-in-jv-with-projectcenter/

Sep 26 2016

BuildBinder CIMS

Watching the US Software-as-a-Service construction collaboration space, I recently discovered another startup – San Francisco, California-based BuildBinder – targeting the construction project management sector. (Despite the similarity of names, I don’t think it has any connection to another Californian business, close-out documentation specialist Combinder, which I covered in April 2016; I have also written a few …

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Permanent link to this article: http://extranetevolution.com/2016/09/buildbinder-cims/

Sep 16 2016

Geniebelt raises €2m funding

TechCrunch reports that Copenhagen, Denmark-based construction Software-as-a-Service vendor GenieBelt has secured €2 million in new investment to ramp up marketing for its platform. TechCrunch says the round was led by Danish Solar A/S, a publicly listed European sourcing and services company operating within the electrical, heating and plumbing, and ventilation technology sectors. GenieBelt chairman Klaus Nyengaard, formerly CEO of …

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Permanent link to this article: http://extranetevolution.com/2016/09/geniebelt-raises-e2m-funding/

Sep 14 2016

Construction mainly technology laggards

A survey and report from management consultant KPMG International says less than one in 10 construction companies are at the sharp end of technology – most just follow, trying to keep up (survey also reported by Construction Enquirer and The Construction Index). KPMG talked to 218 senior construction executives, most of them working for major international …

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Permanent link to this article: http://extranetevolution.com/2016/09/construction-mainly-technology-laggards/

Sep 12 2016

Conject deal boosts Aconex revenue growth

Last month (23 August), Australia-based Software-as-a-Service construction collaboration software vendor Aconex announced its financial results for the year to 30 June 2016, revealing underlying organic revenue growth of 31%, with the acquisition of Conject (completed on 31 March 2016) boosting total revenue growth to 50%. Total Aconex revenue was Au$123.4 million (c. US$93.3m, £70.1m, €82.8m), compared with …

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Permanent link to this article: http://extranetevolution.com/2016/09/conject-deal-boosts-aconex-revenue-growth/

Sep 05 2016

Newforma gets connected

Silos (both company and IT) have long inhibited collaboration in construction. Newforma’s ‘Connector’ strategy seeks to break them down. I recently wrote (16 August: Newforma now playing cloud catch-up?) about Newforma’s Cloud Services initiative, which has seen the vendor expand its extranet-type capabilities, complementing its original core on-premise, behind-the-firewall application. I spoke last Thursday to Newforma CEO …

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Permanent link to this article: http://extranetevolution.com/2016/09/newforma-gets-connected/

Aug 18 2016

COMIT: “Digitally building Britain”

I have been involved with the UK-based construction technology membership organisation COMIT (Construction Opportunities for Mobile IT) for some years, and as mobile hardware and software become ever more important in the planning, design, construction, commissioning, handover and future operation and maintenance of built assets, so it has seen growing interest from its two main …

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Permanent link to this article: http://extranetevolution.com/2016/08/comit-digitally-building-britain/

Aug 16 2016

Newforma now playing cloud catch-up?

It’s over 10 years since my first posts about US-based construction provider Newforma, and during the intervening decade the company has executed a gradual, but now almost complete, about-turn. In June 2006, Newforma was dismissive of cloud-based applications: senior executives described project extranets as “digital landfills” and insisted that we now call Software-as-a-Service had no traction in …

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Permanent link to this article: http://extranetevolution.com/2016/08/newforma-now-playing-cloud-catch-up/

Aug 15 2016

Corecon increases its SME appeal

California, US-based SaaS construction software vendor Corecon recently launched its ‘next generation’ construction software suite (read news release). Mainly targeting small and medium-sized businesses (numerically the largest sectors in most developed construction markets), the new version of Corecon features a new user interface that is said to increase speed and improve functionality, while speeding up implementation and …

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Permanent link to this article: http://extranetevolution.com/2016/08/corecon-increases-its-sme-appeal/

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