Tag: Construction

4Projects 2006 results

Keeping my records up-to-date, I checked on the financial results of UK construction collaboration technology vendor 4Projects for the year ending 31 March 2006 at Companies House. It seems I was a little over-optimistic about my April 2007 guess-timate for its performance…. Instead of reaching £2.7m turnover, it managed £2.291m, up 10% from its 2005 …

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Permanent link to this article: http://extranetevolution.com/2007/10/4projects-2006/

IT and sustainable construction

On 16 October, I am speaking at the EMCBE Expo 2007 Construction Conference at Rockingham in Northamptonshire, on the theme of Sustainability: the IT contribution. This regional event includes a presentation regarding the UK government’s “Draft Strategy for Sustainable Construction”, and in prepararing my contribution, I had a look through the document to see what it …

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Permanent link to this article: http://extranetevolution.com/2007/10/it-and-sustaina-2/

Asite stops the rot

After three years of gradually dwindling turnover, UK-based construction collaboration technology vendor Asite looks like it has started to reverse the decline, mainly due to healthy revenues earned in the Middle East. Today’s Stock Exchange announcement of its interim results for the six months ended 30 June 2007 show gross revenues up 19% to £0.854m (from …

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Permanent link to this article: http://extranetevolution.com/2007/09/asite-stops-the/

NEC case study in “Building”

Last week I mentioned the NCCTP supplement to Building magazine (published Friday 14 September). After a slight delay due to technical problems, the whole supplement is now viewable online. I noticed a small coincidence between the supplement and the main magazine. The latter included a lengthy piece by Davis Langdon‘s Simon Rawlinson: “Procurement – Target …

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Permanent link to this article: http://extranetevolution.com/2007/09/nec-case-study/

Novedge interview

I was flattered last week to be interviewed by Franco Folini of the Novedge blog, keen to know my thoughts about how construction collaboration technologies might be employed on AEC projects in the future and examine some of the issues affecting adoption. The finished interview is now online here.

Permanent link to this article: http://extranetevolution.com/2007/09/novedge-intervi/

Aconex 2006 results

Having looked at the financial results of most of the major UK construction collaboration (extranet) vendors over the past few months (for example, Business Collaborator yesterday, StoreData earlier in the month), I realised that I hadn’t really examined Aconex in any detail. Although active in the UK and a member of the NCCTP, Aconex is an …

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Permanent link to this article: http://extranetevolution.com/2007/09/aconex-2006-res/

A good six months for Business Collaborator

This morning’s London Stock Exchange announcement by Coda of its financial results for the six months ending 30 June 2007 include some snippets about UK collaboration vendor Business Collaborator‘s financial performance in the same period. Business Collaborator turnover was up 18% on 2006 to £1.381m, generating a £240k profit, marginally up on 2006’s £232k. According …

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Permanent link to this article: http://extranetevolution.com/2007/09/a-good-six-mont/

People, processes and technology

Attend almost any AEC industry conference or seminar where construction collaboration technologies are discussed and you will usually hear something to the effect that successful collaboration is 80% about people and processes and only 20% about the technologies involved (in my book, I even ventured that the balance could be more like 90/10). This type of guidance …

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Permanent link to this article: http://extranetevolution.com/2007/08/people-processe/

Valuing a SaaS business

Last week, I briefly speculated on how you value an IT business, skimming across several alternative approaches before focusing on the ‘precedent’ approach in the context of UK construction collaboration software vendor 4Projects’ MBO. I did suggest being a Software-as-a-Service (SaaS) business might improve its valuation, but I didn’t know by how much. Over the weekend, however, …

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Permanent link to this article: http://extranetevolution.com/2007/08/valuing-a-saas/

More on the 4Ps MBO

This week’s management buy-out of 4Projects was reported in north-east England newspaper The Journal this week.  The 1 August report, Wear IT specialist out to double its revenue, adds little to the news releases on 4Projects‘ and August Equity‘s websites, though it does revise last year’s turnover figure downwards by £200k to £3.2m from that previously reported in …

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Permanent link to this article: http://extranetevolution.com/2007/08/more-on-the-4ps/

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