Tag: Software-as-a-Service

Mar 16 2018

Zutec raises $5m via Nordic IPO

Shares in the Dublin-based mobile commissioning and handover technology specialist Zutec are now being traded on the Nasdaq First North stock exchange. Ireland-based cloud construction technology provider Zutec has successfully launched its shares on Sweden’s Nasdaq First North stock exchange, raising SEK42.1m (c £3.68m, €4.17m or US$5.14m). Dealings in Zutec Holding AB started yesterday (15 …

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Permanent link to this article: http://extranetevolution.com/2018/03/zutec-raises-5m-via-nordic-ipo/

Mar 15 2018

GenieBelt signs housebuilder deal

HusCompagniet and GenieBelt

A leading home provider in northern Europe is using Copenhagen-based Geniebelt‘s real-time workforce management and reporting SaaS application to deliver a 10-15% efficiency gain in its supply chain. Following a 2017 pilot of GenieBelt, HusCompagniet has elected to connect its construction suppliers digitally, and says it will use GenieBelt on 2,000 house building projects. The partnership covers all of …

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Permanent link to this article: http://extranetevolution.com/2018/03/geniebelt-signs-housebuilder-deal/

Mar 14 2018

Aconex shareholders agree US$1.2bn Oracle deal

Melbourne, Australia-based SaaS construction collaboration technology vendor Aconex today (14 March 2018) announced that shareholders have voted in favour of the proposed acquisition of Aconex by Oracle Corporation (through its wholly owned subsidiary Vantive Australia Pty Ltd). The December 2017 bid, which was recommended by directors, was for Au$7.80 (Au$5.96) per share in cash, a deal valuing Aconex at …

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Permanent link to this article: http://extranetevolution.com/2018/03/aconex-shareholders-agree-us1-2m-oracle-deal/

Mar 06 2018

Visualising lean BIM: VisiLean

Bhargav Dave, Visilean CEO

Finland-based Visilean integrates BIM with collaborative planning approaches championed by lean construction advocates. Based in Finland with a development office in India, VisiLean is a start-up business which is building upon doctoral research undertaken by CEO Bhargav Dave when, supervised by Prof. Lauri Koskela, he was a research fellow at the UK’s Salford University. (I …

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Permanent link to this article: http://extranetevolution.com/2018/03/visualising-lean-bim-visilean/

Mar 02 2018

Holobuilder expands in Europe

San Francisco, US-based 360-degree reality capture technology developer HoloBuilder has released a European version of its construction reality capturing solution. I talked to Holobuilder in July 2017 and they exhibited at Digital Construction Week in London in October. Like several other US cloud vendors, HoloBuilder recognised that US-based hosting is unattractive to European customers. Its …

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Permanent link to this article: http://extranetevolution.com/2018/03/holobuilder-expands-in-europe/

Feb 22 2018

Talking BIM and digital transformation

Last week, I was interviewed by Jim McHale of Stockholm, Sweden-based smart building research consultancy Memoori about collaboration, vendor M&A activity, building information modelling, digital transformation, smart buildings and related areas. Jim has posted the video online – it’s just over 20 minutes long: Tweet

Permanent link to this article: http://extranetevolution.com/2018/02/talking-bim-and-digital-transformation/

Feb 20 2018

Aconex delivers ‘solid’ first half growth

Melbourne, Australia-based SaaS construction collaboration technology provider Aconex has had what it describes as a ‘solid’ half-year performance. The company has announced its results for the six months to 31 December 2017, showing revenues growing 13% to A$86.9m – c. £49.1m or US$68.6m or €55.6m – compared to A$77m for the corresponding period in 2016. Aconex …

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Permanent link to this article: http://extranetevolution.com/2018/02/aconex-delivers-solid-first-half-growth/

Feb 12 2018

Invicara CEO: “We need a new generation of CDE vendors”

Anand Mecheri (Invicara)

Invicara CEO Anand Mecheri is looking to shake-up the SaaS CDE market by stressing it’s all about data, not files. Last month (January 2018), construction products giant Kingspan announced a US$10 million investment in Invicara, the developer of BIM Assure, a cloud-based building information model checking application. Soon after that announcement, I talked to Invicara’s …

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Permanent link to this article: http://extranetevolution.com/2018/02/invicara-ceo-we-need-a-new-generation-of-cde-vendors/

Feb 08 2018

Laing CIO is new think project! non-exec

Munich, Germany-based SaaS construction collaboration vendor think project! will be getting advice from one of UK construction’s most prominent chief information officers. Gareth Burton, CIO at UK-based main contractor Laing O’Rourke, has been appointed as a non-executive member of the company’s board. Burton worked in various technology companies including Motorola and BT, and has held board level …

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Permanent link to this article: http://extranetevolution.com/2018/02/laing-cio-is-new-think-project-non-exec/

Feb 05 2018

Trimble acquires e-Builder for $500m

Just over a month after Oracle bid US$1.2 billion for Aconex, Trimble has invested US$500m to buy one of Aconex’s US-based SaaS competitors, e-Builder. On Friday 2 February, Trimble announced (news release) it had acquired privately-held Florida, US-based SaaS construction project management vendor e-Builder for US$500 million (c. £357m or €403m). Trimble says “e-Builder extends Trimble’s …

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Permanent link to this article: http://extranetevolution.com/2018/02/trimble-acquires-e-builder-for-500m/

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