Tag: Software-as-a-Service

Schneider Electric makes €1.4 bn bid for RIB Software

Proposed Schneider RIB fit

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 …

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Permanent link to this article: http://extranetevolution.com/2020/02/schneider-electric-acquisition-rib-software/

thinkproject grows revenues 25% in 2019

Gareth Burton (think project! CEO)

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 …

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Permanent link to this article: http://extranetevolution.com/2020/02/thinkproject-grows-revenues-25-in-2019/

Asite revenues up 20% in 2019

Asite BIM escalator

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 …

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Permanent link to this article: http://extranetevolution.com/2020/01/asite-revenues-2019/

ThinkProject adds German reseller for DESITE BIM

DESITE from Ceapoint

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 …

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Permanent link to this article: http://extranetevolution.com/2020/01/thinkproject-german-reseller/

Autodesk converges its Construction Cloud

Autodesk Construction Cloud

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, …

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Permanent link to this article: http://extranetevolution.com/2020/01/autodesk-converges-its-construction-cloud/

Tony Ryan, Asite CEO, dies suddenly

Tony Ryan at Adoddle17 launch

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, …

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Permanent link to this article: http://extranetevolution.com/2020/01/asite-ceo-tony-ryan-dies-suddenly/

Is contech a subset of proptech (or vice-versa)?

Industry digitisation in Europe

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 …

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Permanent link to this article: http://extranetevolution.com/2019/11/contech-subset-proptech/

Hivemap startup pins hopes on cloud analytics

Hivemap issues

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 …

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Permanent link to this article: http://extranetevolution.com/2019/11/hivemap-startup-cloud-analytics/

Plangrid: Slow digital adoption hampers productivity

Plangrid Digital Groundwork 2019 graphic

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 …

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Permanent link to this article: http://extranetevolution.com/2019/11/slow-digital-adoption-delays-productivity-improvement-says-plangrid/

thinkproject acquires German CDE specialist Conclude

Conclude cost control

Construction and engineering SaaS provider thinkproject has acquired fellow German CDE specialist Conclude, adding 5D BIM capability to the group’s portfolio. Munich-based Software-as-a-Service construction collaboration technology provider thinkproject has acquired 100% of fellow German common data environment (CDE) specialist Conclude GmbH (read announcement). No deal value has been disclosed. Based in Wuppertal near Dusseldorf, Conclude …

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Permanent link to this article: http://extranetevolution.com/2019/11/thinkproject-acquires-german-cde-specialist-conclude/

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