Shares in the Dublin-based mobile commissioning and handover technology specialist Zutec are now being traded on the Nasdaq First North stock exchange. Ireland-based cloud construction technology provider Zutec has successfully launched its shares on Sweden’s Nasdaq First North stock exchange, raising SEK42.1m (c £3.68m, €4.17m or US$5.14m). Dealings in Zutec Holding AB started yesterday (15 …
Tag: Construction
Permanent link to this article: http://extranetevolution.com/2018/03/zutec-raises-5m-via-nordic-ipo/
Mar 15 2018
GenieBelt signs housebuilder deal
A leading home provider in northern Europe is using Copenhagen-based Geniebelt‘s real-time workforce management and reporting SaaS application to deliver a 10-15% efficiency gain in its supply chain. Following a 2017 pilot of GenieBelt, HusCompagniet has elected to connect its construction suppliers digitally, and says it will use GenieBelt on 2,000 house building projects. The partnership covers all of …
Permanent link to this article: http://extranetevolution.com/2018/03/geniebelt-signs-housebuilder-deal/
Mar 14 2018
Aconex shareholders agree US$1.2bn Oracle deal
Melbourne, Australia-based SaaS construction collaboration technology vendor Aconex today (14 March 2018) announced that shareholders have voted in favour of the proposed acquisition of Aconex by Oracle Corporation (through its wholly owned subsidiary Vantive Australia Pty Ltd). The December 2017 bid, which was recommended by directors, was for Au$7.80 (Au$5.96) per share in cash, a deal valuing Aconex at …
Permanent link to this article: http://extranetevolution.com/2018/03/aconex-shareholders-agree-us1-2m-oracle-deal/
Mar 06 2018
Visualising lean BIM: VisiLean
Finland-based Visilean integrates BIM with collaborative planning approaches championed by lean construction advocates. Based in Finland with a development office in India, VisiLean is a start-up business which is building upon doctoral research undertaken by CEO Bhargav Dave when, supervised by Prof. Lauri Koskela, he was a research fellow at the UK’s Salford University. (I …
Permanent link to this article: http://extranetevolution.com/2018/03/visualising-lean-bim-visilean/
Mar 02 2018
Holobuilder expands in Europe
San Francisco, US-based 360-degree reality capture technology developer HoloBuilder has released a European version of its construction reality capturing solution. I talked to Holobuilder in July 2017 and they exhibited at Digital Construction Week in London in October. Like several other US cloud vendors, HoloBuilder recognised that US-based hosting is unattractive to European customers. Its …
Permanent link to this article: http://extranetevolution.com/2018/03/holobuilder-expands-in-europe/
Feb 22 2018
Talking BIM and digital transformation
Last week, I was interviewed by Jim McHale of Stockholm, Sweden-based smart building research consultancy Memoori about collaboration, vendor M&A activity, building information modelling, digital transformation, smart buildings and related areas. Jim has posted the video online – it’s just over 20 minutes long:
Permanent link to this article: http://extranetevolution.com/2018/02/talking-bim-and-digital-transformation/
Feb 20 2018
Aconex delivers ‘solid’ first half growth
Melbourne, Australia-based SaaS construction collaboration technology provider Aconex has had what it describes as a ‘solid’ half-year performance. The company has announced its results for the six months to 31 December 2017, showing revenues growing 13% to A$86.9m – c. £49.1m or US$68.6m or €55.6m – compared to A$77m for the corresponding period in 2016. Aconex …
Permanent link to this article: http://extranetevolution.com/2018/02/aconex-delivers-solid-first-half-growth/
Feb 12 2018
Invicara CEO: “We need a new generation of CDE vendors”
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 …
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 …
Permanent link to this article: http://extranetevolution.com/2018/02/trimble-acquires-e-builder-for-500m/
Jan 18 2018
Invicara gets $10m from Kingspan
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 …
Permanent link to this article: http://extranetevolution.com/2018/01/invicara-gets-10m-from-kingspan/
nima’s That Information Management podcast
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