Following the parent group’s March 2016 acquisition by Aconex, I overlooked the July 2016 publication of Conject UK‘s financial results for the year ending 31 December 2015. These show the Woking, Surrey-based business grew revenues by 12% from 2014‘s £5.696m to £6.385m (c US$9.48m or €8.71m at 2015 rates), and also increased profitability, returning a …
Tag: Software-as-a-Service
Permanent link to this article: http://extranetevolution.com/2016/10/conject-uk-grew-12-in-2015/
Oct 28 2016
Aconex forecasts 39% growth
Melbourne, Australia-based SaaS construction collaboration vendor, Aconex, provided a trading update covering the quarter ending 30 September 2016 on Monday (25 October announcement). Gross cash receipts totalling Au$41.8 million (US$31.65m, £26.1m or €29.01m), showing an increase of 44% from the first quarter last year (clearly boosted by now including Conject revenues). Net operating cash flow …
Permanent link to this article: http://extranetevolution.com/2016/10/aconex-forecasts-39-growth/
Oct 25 2016
Viewpoint UK revenues up 48% in 2015
2015 was a bumper year for Viewpoint‘s EMEA-based collaboration business, with revenues up 48% and a return to operational profitability. According to accounts filed at UK Companies House, total revenue for the year to 31 December 2015 was £11.457m (about US$16.84m or €15.58m at 2015 exchange rates) up from £7.717m in 2014 (post). Positive trends …
Permanent link to this article: http://extranetevolution.com/2016/10/viewpoint-uk-revenues-up-48-in-2015/
Oct 22 2016
ConstructPM talks up mobile tech
Digital Construction Week is taking place in London next week, and one of last year’s exhibitors, London-based Construct.pm has been in touch. I talked to the mobile-first construction project management app business in late December 2015 when it was working with early adopter customer ISG. A case study based on a project at London’s Broadgate suggests: the technology removes …
Permanent link to this article: http://extranetevolution.com/2016/10/constructpm-talks-up-mobile-tech/
Oct 14 2016
Saas budget management with Budget4cast
Launched in the US at the recent Construction Management Association of America (CMAA) conference in San Diego, California, is a new cloud-based project budget management application, Budget4cast. Denver, Colorado-based CEO Bryan Carruthers (a career project manager turned AEC software entrepreneur) believes it’s something of a unique product, which he says generated a lot of interest and …
Permanent link to this article: http://extranetevolution.com/2016/10/saas-budget-management-with-budget4cast/
Oct 12 2016
Createmaster targets project handover
London-based Createmaster describe themselves as “experts in process led, construction information handover management”. The business provides a combination of hands-on document management services and software-based services; its digital handover documentation services are managed using an online application called DocumentPark, and include: Operation & Maintenance Manuals (O&Ms) Health & Safety Files Asset Registers & Planned Preventative Maintenance Schedules BIM …
Permanent link to this article: http://extranetevolution.com/2016/10/createmaster-targets-project-handover/
Oct 12 2016
Aconex connects to Dropbox
At the end of August 2016, Dropbox and Australia-based SaaS construction collaboration vendor Aconex announced (Dropbox news release; Aconex news release) a global partnership to provide integrated cloud-based collaboration solutions to the construction and engineering industry. As part of this agreement, Aconex and Dropbox will deliver better data integration between the two platforms, allowing users to save …
Permanent link to this article: http://extranetevolution.com/2016/10/aconex-connects-to-dropbox/
Oct 04 2016
think project! acquires Conetics
Rationalisation of the European construction collaboration market has taken another step forward. Munich, Germany-based vendor think project! has announced that it has acquired 100% of the shares of another (smaller) German vendor, Cologne-based Conetics AG. According to the think project! news release, Conetics AG was established in 2000 in North Rhine-Westphalia, Germany, as a spin-off of …
Permanent link to this article: http://extranetevolution.com/2016/10/think-project-acquires-conetics/
Sep 27 2016
Finalcad raises €20m Series B funding
Showing once again that there is a lot of investor interest in mobile-oriented construction collaboration platforms, Paris-based Finalcad has announced that is has secured €20m (US$22.4m or £17.25m) Series B funding to help finance its international development ambitions. FinalCad was established in France in 2011 and started to grew domestically following adoption by several major clients, …
Permanent link to this article: http://extranetevolution.com/2016/09/finalcad-raises-e20m-series-b-funding/
Sep 27 2016
think project! targets Spain in JV with ProjectCenter
Munich, Germany-based SaaS construction collaboration technology vendor think project! has established a joint venture with Madrid-based ProjectCenter to target customers in Spain, Portugal and Latin America. According to a think project! news release, it will hold a majority stake in think project! Iberia. ProjectCenter back story As previously described (March 2013 post), ProjectCenter started life in …
Permanent link to this article: http://extranetevolution.com/2016/09/think-project-targets-spain-in-jv-with-projectcenter/












