Tag: Procore

Corecon upgrades estimating module

Corecon Estimating

California, US-based Corecon Technologies has upgraded its cloud-based construction estimating, project management and job cost software suite. The related fields of estimating and bid management have been hot topics among US construction SaaS technology providers in late 2020. For example, at its annual Groundbreak event earlier this month, California-based Procore announced the acquisition of Esticom, …

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Permanent link to this article: http://extranetevolution.com/2020/11/corecon-upgrades-estimating-module/

Procore acquires estimating vendor Esticom, expands platform

Procore Lookaheads

Procore’s Groundbreak included news of a new acquisition – US estimating software provider Esticom – and a slew of product announcements, but no mention of the IPO, seemingly delayed due to the continuing impacts of the pandemic. The week after Bentley Systems’ Year in Infrastructure 2020 (see previous post) was Procore‘s annual Groundbreak event, also …

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Permanent link to this article: http://extranetevolution.com/2020/11/procore-acquires-estimating-esticom/

Bentley raises IPO prospect again

Procore report graphic

On Friday 21 August 2020, US-based engineering design and collaboration software-as-a-service vendor Bentley Systems announced it had filed a registration statement with the US Securities and Exchange Commission for a proposed initial public offering (IPO) of its Class B common stock. The shares of Class B common stock to be sold in the offering will …

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Permanent link to this article: http://extranetevolution.com/2020/08/bentley-raises-ipo-prospect-again/

Autodesk invests in Bridgit

Bridgit Bench

Autodesk leads a strategic investment in Bridgit, and plans integration between Bridgit Bench and Autodesk Construction Cloud. Toronto, Canada-based construction SaaS technology developer Bridgit has announced (news release) that it has raised US$7 million in a funding round led by Autodesk, and supported by existing investors, BDS, Salesforce Ventures, Sands Capital and StandUp Ventures. This …

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Permanent link to this article: http://extranetevolution.com/2020/07/autodesk-invests-bridgit-bench/

Procore: Lockdown accelerates demand for digital transformation

Independent research commissioned by SaaS vendor Procore shows a UK construction shift in technology adoption during the COVID-19 pandemic. Procore, the US-based provider of construction management software which has been expanding in the UK, says the COVID-19 pandemic has caused a shift in attitudes to technology in the construction industry. In March 2020 (read: Coronavirus, construction …

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Permanent link to this article: http://extranetevolution.com/2020/06/lockdown-accelerates-demand-digital-transformation-procore/

Evercam : site imagery, AI and BIM

Marco Herbst - Evercam

Ireland’s Evercam monitors construction sites via IP cameras and is integrating live imagery with BIM and using AI to track site activities. Dublin, Ireland-based company Evercam provides cameras for construction sites to provide regular feeds of images that can also be used to create time-lapse and project management video sequences. Established in 2010 by Marco …

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Permanent link to this article: http://extranetevolution.com/2020/04/evercam-site-imagery-ai-bim/

Procore IPO in for prolonged coronavirus lockdown?

Procore-Aconex integration

US construction collaboration SaaS technology provider Procore planned to offer its shares on the New York Stock Exchange in the near future, but its plans could be undermined by the coronavirus pandemic. On 28 February 2020, California, US-based construction collaboration SaaS technology provider Procore filed registration documents with the US Securities and Exchange Commission relating …

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Permanent link to this article: http://extranetevolution.com/2020/03/procore-ipo-prolonged-coronavirus-lockdown/

Egnyte targets UK CDE market

Egnyte lifecycle ecosystem

Egnyte is targeting its enterprise file sync and sharing platform at architecture, engineering and construction, positioning itself as an ‘agnostic CDE’. Attending the first day of the FutureBuild 2020 trade show in London earlier this month, I noticed an Egnyte stand among the digital exhibitors. Stepping on to the stand, I briefly met Andrew Martin, …

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Permanent link to this article: http://extranetevolution.com/2020/03/egnyte-targets-uk-cde-market/

Open CDEs and BIMLauncher

Procore-Aconex integration

Amid a continuing UK BIM discussion regarding use of ‘common data environments’, CDEs, Ireland’s BIMLauncher is already connecting some vendors’ platforms at a document-centric level. Truly connected BIM is a long way off, believes BIMLauncher CEO John Egan. In January 2020 (Towards connected data environments, CDEs), I wondered about the need for data exchange standards …

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Permanent link to this article: http://extranetevolution.com/2020/03/open-cdes-and-bimlauncher/

APE Mobile acquired by Damstra

Kevin Reece (APE Mobile, at DCW)

Perth, Australia-based mobile construction technology vendor APE Mobile has been acquired by another Australian firm, Damstra, for an unspecified amount. The company, originally Applied Project Experience, was founded by Matt Edwards in 2009, and initially set out to exploit the newly-launched Apple iPad tablet to support construction business processes, with APE Mobile‘s Paperless Site Software-as-a-Service …

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Permanent link to this article: http://extranetevolution.com/2020/03/ape-mobile-acquired-damstra/

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