Tag: StoreData

Nov 06 2009

Business Collaborator growth slows

Business Collaborator, the Reading, Berkshire-based provider of construction collaboration technologies (and other applications including an ethical supplier database, SEDEX) has just reported its financial results for the year to 31 December 2008 at Companies House. At the time of its 2007 figures (published very promptly in April 2008 – post), directors of the Unit 4 …

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Permanent link to this article: http://extranetevolution.com/2009/11/business-collaborator-financials/

Nov 05 2009

Recession hits Aconex order book, it sheds staff, but still grows

Australia-based Software-as-a-Service construction collaboration technology vendor Aconex has just signed off its accounts for the year ending 30 June 2009, and they show another year of growth, albeit slower than in previous years (see Aconex reports…, 2008, and Aconex results hit by legal row, 2007). This is no surprise, of course. The global recession has …

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Permanent link to this article: http://extranetevolution.com/2009/11/latest-aconex-financials-underline-impact-of-recession/

Aug 27 2009

Storedata revenues down again

Interim results from Styles and Wood include half-year performance figures for its retail-oriented construction collaboration solution provider StoreData. Reporting for the six months to 30 June 2009, these show that the business’s revenues have shrunk again. The business generated revenues of £0.589m, down 11% from £0.663m for the same period in 2008; the £0.103m profit …

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Permanent link to this article: http://extranetevolution.com/2009/08/storedata-revenues-down-again/

Jul 10 2009

Collaboration vendors unveil (old) plans for deeper interoperability

Last month, members of the UK-based Network for Construction Collaboration Technology Providers (NCCTP) announced plans to provide greater integration between their different applications (see news release). At the time, I was too busy to write about it, but the topic cropped up briefly in conversation with the Incite guys (post) recently, so I’ve had another …

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Permanent link to this article: http://extranetevolution.com/2009/07/collaboration-vendors-unveil-old-plans-for-deeper-interoperability/

Jun 05 2009

Gloomy times for SaaS collaboration vendors

Today I have been hearing about redundancies among staff at one of the UK’s leading construction collaboration vendors. This news comes as no surprise. The writing has been on the wall for all the collaboration vendors since the credit crunch hit last year. Widespread project postponements and cancellations have led to corresponding reductions across the …

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Permanent link to this article: http://extranetevolution.com/2009/06/gloomy-times-for-saas-collaboration-vendors/

May 01 2009

Do StoreData results indicate slowdown in UK construction collaboration market?

With Asite‘s financial performance now less public following its delisting from London’s AIM earlier this week, it is more difficult to assess what impact the recession is having on collaboration vendors. However, troubled retail fit-out specialist contractor Styles & Wood has a support business, StoreData, which competes in the UK construction collaboration technology market, and …

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Permanent link to this article: http://extranetevolution.com/2009/05/do-storedata-result-indicate-slowdown-in-uk-collaboration-market/

Mar 24 2009

StoreData up for sale?

This morning, UK-based specialist contractor Styles & Wood announced that it “is currently exploring a number of options to strengthen its balance sheet including a potential equity fund raising and a potential sale to private equity.” Styles & Wood includes a construction collaboration technology business, StoreData – since last year part of the group’s StorePlanning …

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Permanent link to this article: http://extranetevolution.com/2009/03/storedata-up-for-sale/

Aug 28 2008

Steady StoreData?

The latest financial results from Styles & Wood‘s StoreData collaboration technology division are now combined with the group’s StorePlanning division, which makes comparisons with the previous figures (see StoreData stagnating in 2007) more difficult. In 2007, the StorePlanning division achieved revenues (£6.1m) four times greater than StoreData (£1.5m), and returned a profit of £1m compared …

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Permanent link to this article: http://extranetevolution.com/2008/08/steady-storedata/

May 23 2008

Styles & Wood: MBO dropped

Styles & Wood, UK retail fit-out specialist and parent of online construction collaboration provider Storedata, has issued a trading update, saying that “the Group’s Order Book has fallen behind its expectations”, indicating its targets for the half year ending 30 June 2008 will not be reached, with full year performance likely to be line with that achieved in …

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Permanent link to this article: http://extranetevolution.com/2008/05/styles-wooduk-retail-fit-out-specialist-and-parent-of-online-construction-collaboration-provider-storedata-has-issued-a-trading-update-saying-that-the-groups-order-book-has-fallen-behind-its-expectati/

Apr 25 2008

Styles & Wood management seek MBO

The management of fit-out contractor Styles & Wood, which includes construction collaboration technology business StoreData, is looking to take the company private via a private equity backed management buy-out (see 16 April Stock Exchange announcement). The 125p-a-share bid for Styles & Wood is on the low side, says an analyst with stockbroker Panmure Gordon in this …

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Permanent link to this article: http://extranetevolution.com/2008/04/styles-wood-man/

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