After looking at BuildOnline (UK) Ltd’s 2007 performance recently (see BuildOnline’s UK downward drift), I have been researching the recent performance of the whole Sword CTSpace group (in effect, the combined BuildOnline/Citadon operation acquired by Sword group in December 2007). Poring through the 2008 Annual and Financial Report (pdf) of the Sword Group, I found …
Tag: profit
Permanent link to this article: http://extranetevolution.com/2009/09/sword-ctspace-in-recovery-mode/
Sep 04 2009
Aconex UK jumps forward
The UK operation of Australia-based online construction collaboration technology vendor Aconex tended to lag behind its home-grown competitors, but in the past couple of years it appears the London office has made a great leap forward. The latest published results (up to 30 June 2008) show it dramatically increased its turnover and reported a healthy …
Permanent link to this article: http://extranetevolution.com/2009/09/aconex-uk-jumps-forward/
Aug 27 2009
Storedata revenues down again
Interim results from Styles and Wood include half-year performance figures for its retail-oriented construction collaboration solution provider StoreData. Reporting for the six months to 30 June 2009, these show that the business’s revenues have shrunk again. The business generated revenues of £0.589m, down 11% from £0.663m for the same period in 2008; the £0.103m profit …
Permanent link to this article: http://extranetevolution.com/2009/08/storedata-revenues-down-again/
May 01 2009
Do StoreData results indicate slowdown in UK construction collaboration market?
With Asite‘s financial performance now less public following its delisting from London’s AIM earlier this week, it is more difficult to assess what impact the recession is having on collaboration vendors. However, troubled retail fit-out specialist contractor Styles & Wood has a support business, StoreData, which competes in the UK construction collaboration technology market, and …
Permanent link to this article: http://extranetevolution.com/2009/05/do-storedata-result-indicate-slowdown-in-uk-collaboration-market/
Feb 03 2009
Let’s make construction more ‘social’
[This is a re-post of a blog article I wrote for Building Sustainable Design, which launched this week.] I have spent more than half my career in the architecture, engineering and construction (AEC) and property industry looking at issues relating to collaboration, and since 2000 have been focused on how to use internet-based technologies to …
Permanent link to this article: http://extranetevolution.com/2009/02/lets-make-construction-more-social/
Dec 11 2008
BIW grows 27% to September 2008
UK-based construction collaboration software-as-a-service (SaaS) technology vendor BIW Technologies [my employer] grew its turnover 27% to £7.3 million in the year to 30 September 2008, it announced yesterday, with profits more than doubling to £1.1 million; the value of unrecognised revenues in the order book was up to £12.77 million (see news release). On both …
Permanent link to this article: http://extranetevolution.com/2008/12/biw-grows-27-to-september-2008/
Aug 04 2008
BIW grows 24% in 2007
BIW Technologies [my employer] grew its turnover by 24 per cent in the year to 30 September 2007, achieving over £0.5m in profits in the process (see full news release here). The company’s turnover in 2007 grew to £5.76m, up from £4.66m the previous year. A modest 2006 loss of £171,000 was turned around in …
Permanent link to this article: http://extranetevolution.com/2008/08/biw-grows-24-in-2007/
Jul 14 2008
4Projects turnover up a third
According to a Contract Journal article, 4Projects enjoys surge in demand for IT software, the UK-based construction collaboration technology provider 4Projects lifted its turnover by more than a third to £4.4m (up from £3.218m) in the 12 months to 31 March 2008, generating a pre-tax profit of £1.145m (up from £0.553m), representing a margin of …
Permanent link to this article: http://extranetevolution.com/2008/07/4projects-turnover-up-a-third/
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. …
Permanent link to this article: http://extranetevolution.com/2007/05/uk_vendor_trend/
May 04 2007
McKinsey says buy SaaS
In McKinsey says buy SaaS, Phil Wainewright summarises some research from McKinsey consultants (Time for the IT Industry to Take Notice) that presents some compelling economic arguments in favour of Software-as-a-Service (SaaS): “they say that SaaS has less financial risk for buyers, is cheaper to use and yet just as profitable for vendors.” The last …
Permanent link to this article: http://extranetevolution.com/2007/05/mckinsey_says_b/
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