Tag: Construction

Aug 06 2007

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/

Aug 03 2007

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/

Jul 11 2007

Autodesk Buzzsaw adoption

A news release from Autodesk gives some clues about the scale of adoption of its Buzzsaw construction collaboration application. The release reports “a powerful but steady growth in European sales”, with Autodesk’s Mark Ellis adding: “We had been experiencing an average of two new customers a week for the past nine months, but more recently …

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Permanent link to this article: http://extranetevolution.com/2007/07/autodesk-buzzsa/

Jul 05 2007

Promotion for Nathan

UK construction collaboration vendor Asite announced yesterday the promotion of my friend Nathan Doughty, previously the firm’s chief technology officer, to the position of chief operating officer. I have got to know Nathan quite well through meetings of the NCCTP, where Asite is this year’s chairman. Another announcement says Nathan has also joined the board …

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Permanent link to this article: http://extranetevolution.com/2007/07/promotion-for-n/

Jun 19 2007

Workspace + Workspace

According to a news release on Asite‘s website, the company has secured a customer for its entry-level solution, Asite Workspace. REID Architecture, who recently merged with 3D to become 3DReid “chose Asite Workspace to collaborate with its supply chain at the early stages of the Gibraltar’s new air terminal project”. This will presumably be the same REID architecture …

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Permanent link to this article: http://extranetevolution.com/2007/06/workspace_works/

Jun 12 2007

e-Builder to make “major announcement”

I read that US construction collaboration vendor e-Builder is planning a major announcement later this month that will have a “resounding impact in the industry for years to come”. I am intrigued. Mind you, the last time I got interested in such a pre-announcement it was only UK vendor Asite‘s build-up to the launch of its collaborative BIM product (and I …

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Permanent link to this article: http://extranetevolution.com/2007/06/ebuilder_promis/

May 17 2007

UK vendor trends

This blog has reported several times on the financial performance of the main UK vendors of construction collaboration technologies (aka ‘extranets’). In light of recent results, I thought I would provide a quick graphical update/overview of the performance of the main UK vendors (those for whom I have some financial information) over the past four years. …

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Permanent link to this article: http://extranetevolution.com/2007/05/uk_vendor_trend/

Apr 02 2007

4Projects sales reach £3.4m

According to a 24 March 2007 article, Jobs created as group wins new markets, in north-east England newspaper The Journal, UK construction collaboration vendor 4Projects has “currently” achieved sales of £3.4m, and “is expected to reach £5m by the beginning of next year”. 4Projects non-executive chairman Paul Callaghan said: “With 4Project [sic] we supply project management software services …

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Permanent link to this article: http://extranetevolution.com/2007/04/4projects_sales/

Mar 30 2007

Ecospace

UK trade publication, Building, says: “A big complaint about collaboration tools is that everybody is familiar with a different system, which means companies have to spend time and money training their staff when they start a new project.” It goes on to report that UK collaboration vendor Business Collaborator is working on Ecospace, a €12m (£8.1m) …

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Permanent link to this article: http://extranetevolution.com/2007/03/ecospace/

Mar 29 2007

Business Collaborator website overhauled

The website of UK construction collaboration technology vendor Business Collaborator has just been overhauled. Compared to the clean interface of the previous site, the new home page is much ‘busier’ with a four-column layout and lots of links to further information. (The trite photo-library image of people in hard-hats on a construction site – see …

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Permanent link to this article: http://extranetevolution.com/2007/03/business_collab_1/

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