Revenues at Germany’s RIB Group grew 57% in 2019, and the company’s financial performance has also been detailed in a Reasoned Statement in response to Schneider Electric’s takeoever bid. The latest annual report and accounts from Stuttgart, Germany-based software provider RIB Group, for the year to 31 December 2019, shows revenue up over 57% on …
Tag: SaaS
Permanent link to this article: http://extranetevolution.com/2020/04/rib-grows-57-2019/
Mar 24 2020
Procore IPO in for prolonged coronavirus lockdown?
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 …
Permanent link to this article: http://extranetevolution.com/2020/03/procore-ipo-prolonged-coronavirus-lockdown/
Mar 19 2020
Egnyte targets UK CDE market
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, …
Permanent link to this article: http://extranetevolution.com/2020/03/egnyte-targets-uk-cde-market/
Mar 17 2020
Open CDEs and BIMLauncher
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 …
Permanent link to this article: http://extranetevolution.com/2020/03/open-cdes-and-bimlauncher/
Mar 16 2020
Operance releases smart building manual
Operance is a mobile-first application from Humberside, UK-based BIM consultancy BIMSense. It is designed to enable anyone to easily search, share, update and use BIM (Building Information Modelling) information, without needing to know anything about BIM. Based in the UK at the Centre for Digital Innovation (C4DI), a private technology incubator in Hull, Humberside, BIMSense …
Permanent link to this article: http://extranetevolution.com/2020/03/operance-releases-smart-building-manual/
Mar 11 2020
Bentley buys GroupBC
The latest consolidation in the global SaaS construction collaboration marketplace has seen Reading, UK-based GroupBC acquired by the US giant AEC software vendor Bentley Systems for an undisclosed amount. Jointly announcing the deal today (11 March 2020 news release), Bentley Systems says the two companies’ software solutions have been deployed for complementary purposes to improve project …
Permanent link to this article: http://extranetevolution.com/2020/03/bentley-buys-groupbc/
Feb 16 2020
Schneider Electric makes €1.4 bn bid for RIB Software
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
thinkproject grows revenues 25% in 2019
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
Asite revenues up 20% in 2019
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 adds German reseller for DESITE BIM
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/





