Feb 16 2020
Directors of Stuttgart, Germany-based RIB Software have urged shareholders to agree a €1.4 billion bid from Schneider Electric. Stuttgart, Germany-based RIB Software, which has been expanding its footprint in the architecture, engineering and construction (AEC) Software-as-a-Service space in recent years, is the subject of a €29 per RIB share from Schneider Electric, valuing the 1200-strong …
Permanent link to this article: http://extranetevolution.com/2020/02/schneider-electric-acquisition-rib-software/
Feb 11 2020
Germany’s thinkproject increased its revenue by more than 25% in 2019 and anticipates continued double-digit revenue growth in 2020. Munich-based thinkproject, which describes itself as “Europe’s leading construction and engineering SaaS provider”, increased its revenue by more than 25% in 2019. Following profitable growth in the international construction software market, recent acquisitions, and continued investment …
Permanent link to this article: http://extranetevolution.com/2020/02/thinkproject-grows-revenues-25-in-2019/
Jan 27 2020
AEC SaaS technology vendor Asite grew its revenues 20% in the year to 30 June 2019. Could the London-based business be an acquisition target? In the year to 30 June 2019, London-based construction Software-as-a-Service vendor Asite grew its revenues by 20.4%, from just over £8m in 2018 (post) to £9.638m (c. US$12.6m or €11.43m. According …
Permanent link to this article: http://extranetevolution.com/2020/01/asite-revenues-2019/
Jan 20 2020
thinkproject, the Munich, Germany-based provider of Software-as-a-Service technologies to the construction and engineering sectors, has announced a partnership with Mensch und Maschine Software (M+M – also known in English-speaking markets as Man and Machine). Under the deal, M+M – a 1000-strong supplier of computer-aided design and manufacturing, product data management, and building information modelling applications …
Permanent link to this article: http://extranetevolution.com/2020/01/thinkproject-german-reseller/
Jan 18 2020
The June 2019 projected convergence of Autodesk’s construction-oriented solutions was crystallised in late 2019 with the launch of the Autodesk Construction Cloud. At the London Build trade show in November 2019, Autodesk followed up its Connect & Construct Summit announcement in Las Vegas, promoting its Autodesk Construction Cloud to a UK audience. Five months earlier, …
Permanent link to this article: http://extranetevolution.com/2020/01/autodesk-converges-its-construction-cloud/
Jan 03 2020
Tony Ryan, the flamboyant Irishman who has been CEO of SaaS technology vendor Asite since 2006, died suddenly in London yesterday (2 January 2020). Sad news from the London-based SaaS construction collaboration technology provider, Asite: “It is with great sadness that we announce that Tony Ryan, Chief Executive Officer of Asite, died yesterday in London, …
Permanent link to this article: http://extranetevolution.com/2020/01/asite-ceo-tony-ryan-dies-suddenly/
Dec 12 2019
Tel Aviv-based Buildots uses 360-degree wearable cameras and AI for “automated detection of schedule and design discrepancies.” At October’s Digital Construction Week 2019 trade show in London, I spotted Israeli startup Buildots among the exhibitors. I didn’t have chance to learn more then, but the company presented at December’s COMIT community day (held in IFS‘s …
Permanent link to this article: http://extranetevolution.com/2019/12/buildots-site-visual-data-capture/
Nov 27 2019
Some writers seem to regard contech as a small subset of proptech, but data created during asset delivery will be a foundation for many future proptech transactions. I recently subscribed to a proptech newsletter from James Dearsley’s online community Unissu, wanting to understand a little more about how the real estate world is developing, using …
Permanent link to this article: http://extranetevolution.com/2019/11/contech-subset-proptech/
Nov 22 2019
London-based startup Hivemap launched in early 2019, and is trying to disrupt the construction collaboration market by a focus on business data analytics. New Civil Engineer’s TechFest event in September 2019 featured a ‘Dragons’ Den’ style contest between five early stage technology businesses. Alongside the relatively mature EviFile* (see post) was a London-based company which …
Permanent link to this article: http://extranetevolution.com/2019/11/hivemap-startup-cloud-analytics/
Nov 07 2019
Slow adoption of digital technology on the construction site continues to hamper the productivity of UK construction firms says a PlanGrid report, while another UK report suggests digital transformation is well advanced. The industry’s digital maturity needs to be more rigorously assessed. A recent survey of UK construction professionals suggests productivity is being held back …
Permanent link to this article: http://extranetevolution.com/2019/11/slow-digital-adoption-delays-productivity-improvement-says-plangrid/
