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 …
Tag: Software-as-a-Service
Permanent link to this article: http://extranetevolution.com/2017/12/oracle-set-to-buy-aconex/
Nov 02 2017
Steve Spark expands on Viewpoint results
On 19 October, I interviewed Viewpoint’s Steve Spark about the SaaS vendor’s 2016 results and about prospects for 2017. At Digital Construction Week in London last month, I conducted a short video interview with Steve Spark, commercial director of Viewpoint’s EMEA business. In it, I asked about the company’s recent financial performance – which saw EMEA …
Permanent link to this article: http://extranetevolution.com/2017/11/steve-spark-expands-on-viewpoint-results/
Oct 26 2017
Aconex boosts US Connected Cost team
Aconex has been boosting its Connected Cost sales and marketing efforts in the US, and is supporting digitisation efforts across the construction and engineering industries. Melbourne, Australia-based SaaS construction collaboration technology vendor Aconex has been recruiting heavily to boost its Connected Cost sales and marketing efforts in the US, with several former Oracle workers joining …
Permanent link to this article: http://extranetevolution.com/2017/10/aconex-boosts-us-connected-cost-team/
Oct 24 2017
New CFOs for Kykloud and think project!
UK-based SaaS proptech startup Kykloud and Munich, Germany’s SaaS construction collaboration technology vendor think project! have both appointed new chief finance officers. Kycloud appoints Norden Based in North Shields near Newcastle, Kykloud, a SaaS business providing cloud-based software for surveyors (its client base features eight of the top ten global surveying firms) and property asset …
Permanent link to this article: http://extranetevolution.com/2017/10/new-cfos-for-kykloud-and-think-project/
Oct 20 2017
Talking digital transformation with PwC
I recently collaborated with Eoin Ó Murchú and Colin Mann of PwC’s Capital Projects team to produce the first in a series of podcasts, entitled Reimagining Capital Projects. This series aims to explore how technology and innovation is changing capital projects and the wider infrastructure industry. In this episode we discussed the influence of construction technology disruption …
Permanent link to this article: http://extranetevolution.com/2017/10/talking-digital-transformation-with-pwc/
Oct 18 2017
Viewpoint EMEA revenues up 30% in 2016
UK construction collaboration technology vendor Viewpoint grew revenues 30% in 2016 to £15.1m, reported a £2.5m profit, and is bullish about its 2017 prospects. Viewpoint‘s EMEA operation has shared its latest financial results with me, showing the Newcastle, UK-based SaaS construction collaboration technology vendor has increased revenues 30% year on year, in the year to …
Permanent link to this article: http://extranetevolution.com/2017/10/viewpoint-emea-revenues-up-30-in-2016/
Oct 12 2017
ProjectWise suite expands
Bentley’s ProjectWise is past the tipping point in its transition from on-premise to being cloud-based, and is now the central part of an ‘ecosystem’ of cloud services. ProjectWise “is the ‘workhorse for work sharing’ by 43 of the ENR Top 50 Design Firms,” says a Bentley press release, indicating how far ProjectWise has grown from …
Permanent link to this article: http://extranetevolution.com/2017/10/projectwise-suite-expands/
Oct 12 2017
Zuuse and Progressclaim merge
Two Australian Software-as-a-Service vendors targeting the AECO sector have announced their merger. Zuuse, which targets the BIM to FM opportunity, providing 3D building information modelling and digital asset management tools, is to join with Melbourne-based construction payment management vendor Progressclaim. The CEO of the combined business is former Zuuse CEO Jason Lilienstein, who oversaw the Zuuse …
Permanent link to this article: http://extranetevolution.com/2017/10/zuuse-and-progressclaim-merge/
Oct 10 2017
Bentley acquires eBid Systems
Adding bid management to the Bentley ProjectWise suite allows designers to reuse design information for a tender package. Then, after a contract had been awarded, project delivery can resume in ProjectWise. At Bentley Systems‘ Year in Infrastructure 2017 conference, I learned that Bentley had acquired a mature US-based e-tendering Software-as-a-Service vendor earlier this year. The …
Permanent link to this article: http://extranetevolution.com/2017/10/bentley-acquires-ebid-systems/
Oct 05 2017
Opentree integrates with Viewpoint For Projects
BIM is a collaborative process increasingly supported by an ‘ecosystem’ of solutions that can seamlessly exchange information. Opentree provides some ‘glue’ between internal WIP and CDEs. At the Viewpoint EMEA user conference in May 2017, I met some of the people from Teesside, UK-based Opentree and talked about its Cabinet product, which facilitates the publication of information …
Permanent link to this article: http://extranetevolution.com/2017/10/opentree-integrates-with-viewpoint-for-projects/
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