Jan 18 2018
Ireland-based building materials giant Kingspan invests US$10m in BIM technology supplier Invicara. Some 18 months ago, in August 2016, I wrote about BIM Assure, a cloud-based building information model checking service developed by the US-based Invicara. At the time this startup had offices in Ann Arbor in Michigan, plus India and Singapore, but it now …
Permanent link to this article: http://extranetevolution.com/2018/01/invicara-gets-10m-from-kingspan/
Jan 10 2018
US construction technology provider Trimble has announced a strategic partnership with the Dutch construction business VolkerWessels to advance the latter’s use of Building Information Management (BIM) technology and improve the management and predictability of the contractor’s construction projects. As part of the collaboration, Trimble will closely work with VolkerWessels’ stakeholders to gather real-world feedback for …
Permanent link to this article: http://extranetevolution.com/2018/01/trimble-connects-with-volkerwessels/
Jan 10 2018
Reading, UK-based SaaS collaboration vendor GroupBC has appointed construction software industry veteran Wes Simmons as its CEO. He succeeds Sanjeev Shah, who is taking on a new role in developing GroupBC’s strategic industry partnerships (see GroupBC news release). Simmons was until recently managing director of construction ERP vendor Eque2, where he grew the business from …
Permanent link to this article: http://extranetevolution.com/2018/01/new-ceo-at-groupbc/
Jan 05 2018
Copenhagen-based Dalux has capitalised upon Denmark’s early BIM adoption and the smartphone explosion to provide user-friendly BIM working, including augmented reality, on mobile devices. In late 2017, I met up with Torben Dalgaard, in 2005 one of the two cofounders of Copenhagen, Denmark-based Dalux, a 40-strong developer of mobile BIM and related Software-as-a-Service construction collaboration …
Permanent link to this article: http://extranetevolution.com/2018/01/dalux-targets-bim-collaboration/
Jan 03 2018
North Shields, UK-based mobile Software-as-a-Service asset management application vendor Kykloud has been acquired by Austin, Texas-based software business Accruent for an undisclosed sum. Launched in January 2012, proptech startup Kykloud was founded by Edwin Bartlett and former 4Projects (now part of Viewpoint nearby in Newcastle-upon-Tyne) CTO Nick Graham, and in six years has grown to …
Permanent link to this article: http://extranetevolution.com/2018/01/accruent-buys-kykloud/
Dec 31 2017
A corporate merger between two UK construction businesses mainly engaged in the fit-out sector would not normally grab my attention. However, the pre-Christmas announcement that Styles & Wood is to be combined with interiors firm Southerns Group means a change of ownership for Styles & Wood’s information technology subsidiary, Nottingham-based iSite. Central Square Holdings Ltd (CSHL) …
Permanent link to this article: http://extranetevolution.com/2017/12/new-owners-for-isite/
Dec 18 2017
Admiration, apprehension, concern, excitement – SaaS construction collaboration vendors react to Oracle’s pitch to buy Aconex. Market reaction to Oracle’s Aconex acquisition announcement yesterday saw a predictable leap in Aconex’s share price on the Australian Securities Exchange. From Friday’s close of A$5.29, Aconex shares rocketed 44% to close at A$7.63 (just below Oracle’s offer price), …
Permanent link to this article: http://extranetevolution.com/2017/12/oracle-to-buy-aconex-reaction/
Dec 17 2017
US-based IT giant Oracle has announced it has offered to buy Melbourne, Australia-based Software-as-a-Service construction collaboration technology vendor Aconex, for Au$7.80 (Au$5.96) per share in cash, a deal valuing Aconex at approximately US$1.2 billion (c. Au$1.6bn, £0.9bn or €1.0bn). Project cost control The pre-internet giant has spent billions to compete in the cloud computing era – and this deal …
Permanent link to this article: http://extranetevolution.com/2017/12/oracle-set-to-buy-aconex/
Nov 24 2017
Guy Barlow, global commercial director for Connected Cost at Aconex, was speaking at the Project Controls Expo in London last week (16 November 2017). I talked to him before his presentation (on the world’s emerging ‘Giga projects’). Just over six months ago, Melbourne, Australia-based SaaS construction collaboration vendor Aconex finally publicly launched its Connected Cost solution, …
Permanent link to this article: http://extranetevolution.com/2017/11/connected-cost-aconexs-game-changer/
Nov 10 2017
Melbourne, Australia-based SaaS construction collaboration technology vendor Aconex has announced the promotion of two employees to its executive team. Tim Olshansky has been appointed chief technology officer. He was most recently head of engineering, Americas, at Aconex. Previously he founded Worksite, provider of a SaaS project cost management solution that was acquired by Aconex in July …
Permanent link to this article: http://extranetevolution.com/2017/11/aconex-promotes-from-within/
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