Jan 14 2010
It’s taken a while, around nine years in fact, but UK construction collaboration technology vendor Asite has finally reached profitability. According to unaudited figures in a trading statement released on its website today, the London-based company had gross revenues of £2.079m in 2009 (up 10% from £1.89m in 2008), and partly by driving down operating …
Permanent link to this article: http://extranetevolution.com/2010/01/asite-reaches-profitability/
Jul 06 2009
Howard Koenig has now officially left Sword CTSpace to return to the workforce management software sphere, joining Aruspex, specialists in strategic workforce planning, as CEO (CEN story; word of his departure did, however, creep out prematurely in February). He was head of North American operations for Sword. In the early 2000s, Howard was CEO of …
Permanent link to this article: http://extranetevolution.com/2009/07/koenig-leaves-sword-ctspace/
Mar 30 2009
Just over 15 months ago, following the acquisition of CTSpace by the Sword Group, I briefly mentioned existing Sword subsidiary and UK-based EDMS vendor Cimage (see CTSpace put to the Sword). Last month, Sword announced that Cimage and CTSpace would become a merged entity, Sword CTSpace. MD of Sword CTSpace and operations director for Sword …
Permanent link to this article: http://extranetevolution.com/2009/03/sword-subsidiaries-cimage-and-ctspace-to-merge/
Jan 01 2009
Last August, I noted that former BuildOnline/CTSpace executive Stuart Lander was involved with a new US-based start-up, PublicSpend, due to launch in late 2008. The date has slipped slightly, but Stuart has been busy blogging about it. PublicSpend will use government contracting data to help small local service businesses win new contracts and grow their …
Permanent link to this article: http://extranetevolution.com/2009/01/stuart-landers-new-start-up/
Nov 24 2008
New figures available from the UK regulator, Companies House, show that BuildOnline UK, the UK-based construction collaboration vendor that is now part of CTSpace, waived a substantial debt prior to its 2006 merger with Citadon. It appears BuildOnline also substantially overstated its revenues for four years. However, the business was still operating at a loss …
Permanent link to this article: http://extranetevolution.com/2008/11/buildonline-uk-revises-past-performance/
Aug 19 2008
The Sword Group rather dropped off my radar recently, so I’ve been catching up with some developments relating to executives involved with their CTSpace subsidiary (formerly BuildOnline in the UK), a vendor of construction collaboration technologies. The most note-worthy change has been the appointment last month of former Citadon and CTSpace CEO Howard Koenig to …
Permanent link to this article: http://extranetevolution.com/2008/08/ctspace-people-news/
Jul 04 2008
I have just been forwarded a copy of the latest e-newsletter from construction collaboration vendor CTSpace (a business with an interesting past – see related posts below). The email features an editorial from Gert-Jan de Kieviet, the company’s managing director of its EMEA operation. In it he writes glowingly about the aftermath of last year’s …
Permanent link to this article: http://extranetevolution.com/2008/07/newsletter-gives-ctspace-update/
Jun 11 2008
Over the past year, I’ve mused a couple of times about what it might cost to acquire a construction collaboration SaaS business (see Valuing a SaaS business, for example, and CTSpace sold for just £6.5m). SaaS businesses are under the spotlight this week at the SIIA OnDemand Europe conference in Amsterdam, where Phil Wainewright took …
Permanent link to this article: http://extranetevolution.com/2008/06/valuing-saas-businesses/
Jun 04 2008
The latest Autodesk UK press release claims an independent survey it commissioned reveals that IT – and construction collaboration technologies, in particular – will be the key to the success of the UK house-building industry (a sector currently plagued by a host of uncertainties, not least a dramatic drop in demand – see Brian Green’s …
Permanent link to this article: http://extranetevolution.com/2008/06/autodesk-uk-house-building-research/
May 20 2008
As mentioned last week, the new CTSpace website is taking shape, adopting the ‘look and feel’ of the parent Sword Group website, and with a new CTSpace logo incorporating the words “A Sword Group Company”. It’s a good-looking site – I like the animated photographs on the home page. CTSpace claims 135,000 users (though this …
Permanent link to this article: http://extranetevolution.com/2008/05/ctspace-websi-1/
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