Tag: Construction

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/

Nov 24 2017

Rhumbix and real-time site data

Rhumbix logo

Rhumbix automates construction workforce timekeeping and reporting at the field level via a mobile app, and provides real-time reporting, benchmarking and analysis to managers. Sometimes being separated by an ocean and continent doesn’t help communication. As a London-based writer, I received a news release about San Francisco, California’s Rhumbix, and reached out for an interview, …

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Permanent link to this article: http://extranetevolution.com/2017/11/rhumbix-and-real-time-site-data/

Nov 03 2017

Total Synergy targets AEC designers

Australia’s Total Synergy provides a SaaS-based practice management toolset aimed at architects, engineers and other small AEC design firms, and is going global. North Sydney, Australia-based Total Synergy has been developing its practice management tools for architects and engineers since 2000. I met founder and CEO Scott Osborne on a recent trip to London, along …

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Permanent link to this article: http://extranetevolution.com/2017/11/total-synergy-targets-aec-designers/

Nov 02 2017

Steve Spark expands on Viewpoint results

Viewpoint video grab

On 19 October, I interviewed Viewpoint’s Steve Spark about the SaaS vendor’s 2016 results and about prospects for 2017. At Digital Construction Week in London last month, I conducted a short video interview with Steve Spark, commercial director of Viewpoint’s EMEA business. In it, I asked about the company’s recent financial performance – which saw EMEA …

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Permanent link to this article: http://extranetevolution.com/2017/11/steve-spark-expands-on-viewpoint-results/

Oct 26 2017

Aconex boosts US Connected Cost team

Aconex has been boosting its Connected Cost sales and marketing efforts in the US, and is supporting digitisation efforts across the construction and engineering industries. Melbourne, Australia-based SaaS construction collaboration technology vendor Aconex has been recruiting heavily to boost its Connected Cost sales and marketing efforts in the US, with several former Oracle workers joining …

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Permanent link to this article: http://extranetevolution.com/2017/10/aconex-boosts-us-connected-cost-team/

Oct 24 2017

New CFOs for Kykloud and think project!

Ralf Gruesshaber, think project! MD and CTO

UK-based SaaS proptech startup Kykloud and Munich, Germany’s SaaS construction collaboration technology vendor think project! have both appointed new chief finance officers. Kycloud appoints Norden Based in North Shields near Newcastle, Kykloud, a SaaS business providing cloud-based software for surveyors (its client base features eight of the top ten global surveying firms) and property asset …

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Permanent link to this article: http://extranetevolution.com/2017/10/new-cfos-for-kykloud-and-think-project/

Oct 20 2017

Talking digital transformation with PwC

I recently collaborated with Eoin Ó Murchú and Colin Mann of PwC’s Capital Projects team to produce the first in a series of podcasts, entitled Reimagining Capital Projects. This series aims to explore how technology and innovation is changing capital projects and the wider infrastructure industry. In this episode we discussed the influence of construction technology disruption …

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Permanent link to this article: http://extranetevolution.com/2017/10/talking-digital-transformation-with-pwc/

Oct 18 2017

Viewpoint EMEA revenues up 30% in 2016

International collaboration vendor revenues

UK construction collaboration technology vendor Viewpoint grew revenues 30% in 2016 to £15.1m, reported a £2.5m profit, and is bullish about its 2017 prospects. Viewpoint‘s EMEA operation has shared its latest financial results with me, showing the Newcastle, UK-based SaaS construction collaboration technology vendor has increased revenues 30% year on year, in the year to …

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Permanent link to this article: http://extranetevolution.com/2017/10/viewpoint-emea-revenues-up-30-in-2016/

Oct 12 2017

ProjectWise suite expands

Projectwise logo

Bentley’s ProjectWise is past the tipping point in its transition from on-premise to being cloud-based, and is now the central part of an ‘ecosystem’ of cloud services. ProjectWise “is the ‘workhorse for work sharing’ by 43 of the ENR Top 50 Design Firms,” says a Bentley press release, indicating how far ProjectWise has grown from …

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Permanent link to this article: http://extranetevolution.com/2017/10/projectwise-suite-expands/

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