Dec 21 2021
Planyard offers one place for all project financials management, keeping everything standardised and in sync, with a real-time view of project costs. Estonia-based Planyard is targeting contractors with a cloud-based budget management tool for contractors. Traditionally, this was a field largely managed by locally-held Excel spreadsheets. And where companies manage multiple parallel projects, there was a …
Permanent link to this article: http://extranetevolution.com/2021/12/planyard-cloud-based-budget-management/
Dec 20 2021
Nemetschek has led a financing round for Norway’s Imerso, whose platform combines reality capture, AI and BIM – areas also targeted by UK players XYZ Reality and PointFuse. Having invested in June 2021 in Sablono (post) [Update: and in July 2021 in US-based AI developer Reconstruct*], Germany-based Nemetschek Group has led a financing round [financial …
Permanent link to this article: http://extranetevolution.com/2021/12/reality-capture-bim-and-ai-imerso-xyz-reality-and-pointfuse/
Dec 20 2021
Corecon’s reporting upgrade includes new data views and APIs offering access to information across its cloud-based construction estimating, project management and job cost suite. California-based Corecon Technologies has announced a major upgrade to the reporting capabilities within its cloud-based construction estimating, project management and job cost software suite. Developed to capture information from all aspects of …
Permanent link to this article: http://extranetevolution.com/2021/12/corecon-upgrades-reporting-functionality/
Jul 08 2021
Alongside Archicad 25, Graphisoft has announced enhancements to its BIMx model viewing and BIMcloud design collaboration applications, though these are consciously not ‘CDE’ products. Hungary-based BIM software giant Graphisoft, part of the Nemetschek group, has announced (7 July 2021) the release of the latest version of its BIM software, Archicad 25. It has also released …
Permanent link to this article: http://extranetevolution.com/2021/07/graphisoft-expands-bimcloud-saas-option/
Jul 07 2021
UK software vendor Operance has been involved in the development of practical solutions to deliver ‘the Golden Thread’ as part of the UK Government’s Building Safety Bill. Much of the attention on this week’s (5 July 2021) publication of the UK Government’s Building Safety Bill has understandably focused on the ongoing repercussions of the 2017 …
Permanent link to this article: http://extranetevolution.com/2021/07/building-safety-bill-opens-opportunities-operance/
Jul 06 2021
Procore is expanding into the Middle East and North Africa through a strategic partnership with its Abu Dhabi-based investor Mubadala. Some six weeks after the May 2021 initial public offering (IPO) of its shares on the New York Stock Exchange (post), US-based construction management Software-as-a-Service (SaaS) provider Procore has continued its international extension. It has …
Permanent link to this article: http://extranetevolution.com/2021/07/procore-expands-middle-east-north-africa/
Jul 06 2021
Stuttgart, Germany-based RIB Software − since July 2020 part of French multinational Schneider Electric (post) − has announced that René Wolf will become managing director and CEO of the company with effect from 1 February 2022, succeeding Tom Wolf, who will step down as MD on 31 March 2022. René Wolf, 47, has many years of …
Permanent link to this article: http://extranetevolution.com/2021/07/rib-software-leadership-changes/
Jun 29 2021
UK construction technology vendor Causeway plans strategic acquisitions and accelerated organic growth following £120 million Rothschild private equity injection. Causeway, the Buckinghamshire, UK-based construction technology group, has secured a £120 million (c US$166m or €139m) investment from Five Arrows Principal Investments (the European corporate private equity arm of Rothschild & Co). The company says the …
Permanent link to this article: http://extranetevolution.com/2021/06/causeway-secures-120m-expand/
Jun 23 2021
Since buying Seequent in March, Bentley Systems has added several more software businesses to its portfolio, including an India-based mobile project controls business, Nadhi, and two IoT specialists. Bentley Systems has continued to expand its portfolio in recent months. Since investing around $900m in New Zealand-based geoscience modelling software provider, Seequent (post) in March 2021, …
Permanent link to this article: http://extranetevolution.com/2021/06/bentley-systems-busy-buying-spree/
Jun 11 2021
US AEC SaaS player Procore raised over $600m in its May 2021 IPO, but its global ambitions face significant competition. In February 2020, US-based construction Software-as-a-Service (SaaS) provider Procore filed its intention to make an initial public offering of its shares on the New York Stock Exchange. But the onset of the global COVID-19 pandemic …
Permanent link to this article: http://extranetevolution.com/2021/06/reflecting-procore-2021-ipo/
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