Tag Archive: Engineering

Feb 08 2017

think project! attracts new investment

In January 2017, TA As­so­ci­ates, a lead­ing global growth pri­vate eq­uity firm, an­nounced it has com­pleted an in­vest­ment in Munich, Germany-based think project!, a provider of cross-en­ter­prise col­lab­o­ra­tion and in­for­ma­tion man­age­ment soft­ware to the con­struc­tion and en­gi­neer­ing in­dus­tries. Fi­nan­cial terms of the trans­ac­tion were (unfortunately) not dis­closed. J. Mor­gan Sei­gler, a man­ag­ing di­rec­tor at TA …

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Permanent link to this article: http://extranetevolution.com/2017/02/think-project-attracts-new-investment/

Jan 02 2017

Corecon completes suite upgrade

California, US-based Corecon, a provider of SaaS-based construction estimating, project management and job cost software, has announced new features for its Corecon Mobile app and TeamLink Portal. The updates were developed to complement the increasingly SME-friendly version of Corecon’s browser-based software released in August 2016 (post), with Corecon increasingly marketing the suite as a basis for …

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Permanent link to this article: http://extranetevolution.com/2017/01/corecon-completes-suite-upgrade/

Dec 31 2016

eSUB shows investors like SME-focused SaaS

Hot on the heels of a €2m investment in Denmark’s GenieBelt, a US$5m investment in California’s eSUB shows enthusiasm for applications targeting the SME segment which dominates construction delivery. In just about every construction market, most projects are reliant upon small and medium-sized businesses for project delivery; even if a bigger firm is the main or general …

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Permanent link to this article: http://extranetevolution.com/2016/12/esub-shows-investors-like-sme-focused-saas/

Dec 30 2016

Nemetschek acquires dRofus

Nemetschek, the Munich, Germany-based AEC software group which already includes Allplan, Vectorworks, Graphisoft, SCIA, Maxon, Bluebeam (a 2014 deal) and Solibri (acquired almost exactly a year ago), has acquired the Oslo, Norway-based SaaS building data management software vendor dRofus. The deal, announced on 20 December 2016, was valued at NOK220m (c. US$25.5m, £20.8m or €24.2m). From …

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Permanent link to this article: http://extranetevolution.com/2016/12/nemetschek-acquires-drofus/

Dec 21 2016

Clearbox BIMXtra starts with BIM

The BIM Common Data Environment, CDE, market in the UK remains very competitive. Its players include vendors previously active in what was sometimes termed document management, file collaboration or project extranets, but there are also newer players for whom BIM was the starting point. BIMXtra is a BIM platform that originated in-house at UK contractor …

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Permanent link to this article: http://extranetevolution.com/2016/12/clearbox-bimxtra-starts-with-bim/

Dec 16 2016

SaaS collaboration and cyber-security

December 2016’s ThinkBIM in Leeds provided an occasionally frightening view of just how vulnerable the built environment might be to cyber attack. It also highlighted how SaaS collaboration platforms might also help teams apply more rigorous security processes. In May 2015, PAS1192-5 – “Specification for security-minded building information modelling, digital built environments and smart asset …

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Permanent link to this article: http://extranetevolution.com/2016/12/saas-collaboration-and-cyber-security/

Dec 15 2016

South Africa lagging in AEC SaaS use?

I have written occasional pieces for South Africa’s Construction Software & IT: A Journal for Digital Construction Solutions (post), which is edited by Vaughan Harris (also associated with the Cape Town-based BIM Institute). He has forwarded a link to some survey results relating to technology and building information modelling (BIM) adoption in the region. The article – …

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Permanent link to this article: http://extranetevolution.com/2016/12/south-africa-lagging-in-aec-saas-use/

Nov 14 2016

Bentley and Siemens agree strategic alliance

Bentley alliance with Siemens re-emphasises the importance of the cloud and a “connected data environment”. The recent Bentley Year in Infrastructure conference in London passed with hardly a mention of the Initial Public Offering (IPO) first mooted in July 2015 – on 2 November, for the second year running, CEO Greg Bentley dampened IPO speculation, …

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Permanent link to this article: http://extranetevolution.com/2016/11/bentley-and-siemens-agree-strategic-alliance/

Nov 13 2016

Rapport3: SaaS practice management

Surrey, UK-based Cubic Interactive markets its Rapport3 SaaS platform to professional AEC practices – could it connect to collaboration platforms too? Nine years ago, I briefly encountered Cubic Interactive at the 2007 Construction Computing Show (post), but they were mainly focused on on-premise intranet-type solutions, and competing with Union Square (now part of the Deltek …

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Permanent link to this article: http://extranetevolution.com/2016/11/rapport3-saas-practice-management/

Oct 28 2016

Aconex forecasts 39% growth

Melbourne, Australia-based SaaS construction collaboration vendor, Aconex, provided a trading update covering the quarter ending 30 September 2016 on Monday (25 October announcement). Gross cash receipts totalling Au$41.8 million (US$31.65m, £26.1m or €29.01m), showing an increase of 44% from the first quarter last year (clearly boosted by now including Conject revenues). Net operating cash flow …

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Permanent link to this article: http://extranetevolution.com/2016/10/aconex-forecasts-39-growth/

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