Tag: Construction

Feb 12 2018

Invicara CEO: “We need a new generation of CDE vendors”

Anand Mecheri (Invicara)

Invicara CEO Anand Mecheri is looking to shake-up the SaaS CDE market by stressing it’s all about data, not files. Last month (January 2018), construction products giant Kingspan announced a US$10 million investment in Invicara, the developer of BIM Assure, a cloud-based building information model checking application. Soon after that announcement, I talked to Invicara’s …

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Permanent link to this article: http://extranetevolution.com/2018/02/invicara-ceo-we-need-a-new-generation-of-cde-vendors/

Feb 05 2018

Trimble acquires e-Builder for $500m

Just over a month after Oracle bid US$1.2 billion for Aconex, Trimble has invested US$500m to buy one of Aconex’s US-based SaaS competitors, e-Builder. On Friday 2 February, Trimble announced (news release) it had acquired privately-held Florida, US-based SaaS construction project management vendor e-Builder for US$500 million (c. £357m or €403m). Trimble says “e-Builder extends Trimble’s …

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Permanent link to this article: http://extranetevolution.com/2018/02/trimble-acquires-e-builder-for-500m/

Jan 18 2018

Invicara gets $10m from Kingspan

Kingspan logo

Ireland-based building materials giant Kingspan invests US$10m in BIM technology supplier Invicara. Some 18 months ago, in August 2016, I wrote about BIM Assure, a cloud-based building information model checking service developed by the US-based Invicara. At the time this startup had offices in Ann Arbor in Michigan, plus India and Singapore, but it now …

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Permanent link to this article: http://extranetevolution.com/2018/01/invicara-gets-10m-from-kingspan/

Jan 10 2018

Trimble connects with VolkerWessels

US construction technology provider Trimble has announced a strategic partnership with the Dutch construction business VolkerWessels to advance the latter’s use of Building Information Management (BIM) technology and improve the management and predictability of the contractor’s construction projects. As part of the collaboration, Trimble will closely work with VolkerWessels’ stakeholders to gather real-world feedback for …

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Permanent link to this article: http://extranetevolution.com/2018/01/trimble-connects-with-volkerwessels/

Jan 10 2018

New CEO at GroupBC

Sanjeev Shah and Wes Simmons, GroupBC

Reading, UK-based SaaS collaboration vendor GroupBC has appointed construction software industry veteran Wes Simmons as its CEO. He succeeds Sanjeev Shah, who is taking on a new role in developing GroupBC’s strategic industry partnerships (see GroupBC news release). Simmons was until recently managing director of construction ERP vendor Eque2, where he grew the business from …

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Permanent link to this article: http://extranetevolution.com/2018/01/new-ceo-at-groupbc/

Jan 05 2018

Dalux targets BIM collaboration

Torben Dalgaard - CEO of Dalux

Copenhagen-based Dalux has capitalised upon Denmark’s early BIM adoption and the smartphone explosion to provide user-friendly BIM working, including augmented reality, on mobile devices. In late 2017, I met up with Torben Dalgaard, in 2005 one of the two cofounders of Copenhagen, Denmark-based Dalux, a 40-strong developer of mobile BIM and related Software-as-a-Service construction collaboration …

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Permanent link to this article: http://extranetevolution.com/2018/01/dalux-targets-bim-collaboration/

Jan 04 2018

Script&Go targeting UK

Script&Go logo 2018

Rennes, France-based mobile application developer Script&Go is expanding beyond France, opening offices in Montreal, Canada, and in the UK. Since August (soon after my June 2017 post) its developers have been working to adapt its software for the UK market. Claiming 414% revenue growth from 2014 to 2017, CEO Benoît Jeannin says: “There has a …

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Permanent link to this article: http://extranetevolution.com/2018/01/script-and-go-targeting-uk/

Dec 31 2017

New owners for iSite

A corporate merger between two UK construction businesses mainly engaged in the fit-out sector would not normally grab my attention. However, the pre-Christmas announcement that Styles & Wood is to be combined with interiors firm Southerns Group means a change of ownership for Styles & Wood’s information technology subsidiary, Nottingham-based iSite. Central Square Holdings Ltd (CSHL) …

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Permanent link to this article: http://extranetevolution.com/2017/12/new-owners-for-isite/

Dec 18 2017

Oracle to buy Aconex – reaction

Aconex share price to 18Dec2017

Admiration, apprehension, concern, excitement – SaaS construction collaboration vendors react to Oracle’s pitch to buy Aconex. Market reaction to Oracle’s Aconex acquisition announcement yesterday saw a predictable leap in Aconex’s share price on the Australian Securities Exchange. From Friday’s close of A$5.29, Aconex shares rocketed 44% to close at A$7.63 (just below Oracle’s offer price), …

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Permanent link to this article: http://extranetevolution.com/2017/12/oracle-to-buy-aconex-reaction/

Dec 17 2017

Oracle set to buy Aconex

US-based IT giant Oracle has announced it has offered to buy Melbourne, Australia-based Software-as-a-Service construction collaboration technology vendor Aconex, for Au$7.80 (Au$5.96) per share in cash, a deal valuing Aconex at approximately US$1.2 billion (c. Au$1.6bn, £0.9bn or €1.0bn). Project cost control The pre-internet giant has spent billions to compete in the cloud computing era – and this deal …

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Permanent link to this article: http://extranetevolution.com/2017/12/oracle-set-to-buy-aconex/

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