Tag: recession

Sep 23 2010

BIW pushes its low-risk message

A (rare) tweet from BIW Technologies* alerted me to a new article on the UK construction collaboration vendor’s website, reproduced from Architect Builder Contractor & Developer (ABC&D). In Controlling Project Outcomes, BIW CEO Colin Smith warns potential collaboration customers about “low-cost suppliers who fail to include sufficient support for the solution that they provide”. He …

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Permanent link to this article: http://extranetevolution.com/2010/09/biw-pushes-its-low-risk-message/

Sep 22 2010

Union Square acquires Archetype

I recently read about a series of Autumn Cloud Computing events that Nottingham-based Union Square Software is organising. The series starts at the RIBA in London on 13 October with a seminar entitled Maximising Profit – Project Accounting For Professionals, Union Square having added project accounting to its Workspace product earlier this year (post). The …

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Permanent link to this article: http://extranetevolution.com/2010/09/union-square-acquires-archetype/

Aug 31 2010

Aconex (UK) Ltd – revenues down in 2009

Almost exactly a year ago, I looked at Aconex (UK) Ltd and noted that the British operation of the Melbourne, Australia-based construction collaboration technology vendor was on the upturn. Twelve months later, the UK recession appears to have had an impact, knocking revenues down by nearly 11 per cent. The London-based subsidiary generated revenues in …

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Permanent link to this article: http://extranetevolution.com/2010/08/aconex-uk-ltd-revenues-down-in-2009/

Aug 31 2010

An update on iSite

Following last week’s post about iSite (the construction collaboration – sorry, make that property management – technology business formerly known as StoreData), I have been looking at the business’s recent financial performance – as revealed in the latest interim report (PDF) from parent company Styles & Wood, published last week. In the six months to …

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Permanent link to this article: http://extranetevolution.com/2010/08/an-update-on-isite/

Aug 05 2010

Collaboration and ‘the black economy’

I hadn’t previously considered the ‘black economy’ as a potential market for a collaboration platform, but, according to a recent article about US-based software-as-a-service provider MyOnlineToolbox (see post), the recession could boost uptake of simple collaborative applications for tradespeople doing untaxed work. In the Entrepreneur Magazine article, MyOnlineToolbox’s Brian Javeline says many small-scale US contractors …

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Permanent link to this article: http://extranetevolution.com/2010/08/collaboration-and-the-black-economy/

May 06 2010

4Projects team expanding

I’ve just been reading a newspaper article (Software firm 4Projects continues with recruitment drive) about how UK construction collaboration technology vendor 4Projects is expanding its team. The company has added nine employees to its 60-strong team since the end of 2009, and says it is likely to add as many again by the end of …

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Permanent link to this article: http://extranetevolution.com/2010/05/4projects-team-expanding/

May 05 2010

Construction IT spend still very cost-conscious

Building-ConIT table

An article by Stephen Kennett, Construction is second worst investor in IT, in Building magazine (registration required) last week highlights that the UK construction sector is slowly improving its approach to information technologies, but the picture revealed by the NCC/Construct IT survey varies depending on what type of organisation you look at. Construction firms still …

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Permanent link to this article: http://extranetevolution.com/2010/05/construction-it-spend-still-very-cost-conscious/

Apr 17 2010

StoreData revenues slide, but profit up in 2009

Preliminary results for the year ended 31 December 2009 from Styles and Wood show that its retail-oriented construction collaboration solution provider StoreData suffered another fall in revenues, though increased margins meant it returned an increased profit (see 2008 results post). The year 2009 was described as “exceptionally challenging” for the Group, with rising unemployment, lower …

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Permanent link to this article: http://extranetevolution.com/2010/04/storedata-revenues-slide-but-profit-up-in-2009/

Permanent link to this article: http://extranetevolution.com/2010/01/exit-business-collaborator-enter-unit4-collaboration-software-ltd/

Nov 25 2009

SaaS to grow (again)

The Construction Software State of the Industry Report, produced by US-based firm Software Advice, is highlighting five trends (three of them upwards), relating to software buying habits, and suggests that the current recession makes Software-as-a-Service-based solutions even more attractive: Software as a Service is in the right place at the right time Software as a …

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Permanent link to this article: http://extranetevolution.com/2009/11/saas-to-grow-again/

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