Tag Archive: Textura

Aug 05 2016

Oracle building its construction offering

A Construction Index news story today about the Bank of England’s decision yesterday to reduce the central bank interest rate to 0.25% highlighted once again the UK construction industry’s poor record on prompt payment. It quotes the National Federation of Builders’s chief executive Richard Beresford: “The construction industry has the worst payment record of any …

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Permanent link to this article: http://extranetevolution.com/2016/08/oracle-building-its-construction-offering/

Mar 21 2016

Aconex acquires Conject – reaction

While Conject reassures its customers, competitors (past and present) react to Aconex’s acquisition of the Europe-based SaaS collaboration vendor. After the 17 March 2016 announcement of Conject‘s acquisition by Aconex, the UK business’s managing director Steve Cooper sought to reassure the company’s SaaS construction collaboration customers and users about the business’s future. In an email (18 March), he …

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Permanent link to this article: http://extranetevolution.com/2016/03/aconex-acquires-conject-industry-reacts/

Oct 30 2015

Progressclaim targets Aussie CPM market

A Google alert brought me news (reported in BRW, and Dynamic Business) of an Australian construction technology start-up, founded in 2011, that is competing in the same kind of market as Textura. Lincoln Easton, CFO of a Melbourne, Australia-based contractor, was apparently only too familiar with the poor book-keeping, arguments, paperwork and threats that resulted from …

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Permanent link to this article: http://extranetevolution.com/2015/10/progressclaim-targets-aussie-cpm-market/

Sep 02 2015

OpenECX targeting subcontractors

OpenECX and its WebContractor application provides an end-to-end – purchase order to payment – SaaS-based process management platform. The UK construction e-commerce sector isn’t one I’ve looked at that closely, particularly when it comes to managing buyer/supplier financial transactions between construction businesses. I have tended only to give it a brief mention if it involves a …

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Permanent link to this article: http://extranetevolution.com/2015/09/openecx-targeting-subcontractors/

Aug 27 2015

Textura promoting early subbie payment

The European arm of US construction payment management corporation Textura is starting to raise its profile in the UK, with early payment of subcontractors part of its service offering. As I reported just over a year ago (Colin Smith leads Textura European push), Textura Europe is headed by the one-time founder and CEO of BIW …

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Permanent link to this article: http://extranetevolution.com/2015/08/textura-europe/

Apr 01 2015

Viewpoint acquires JobPac

Viewpoint’s acquisition of Australian ERP competitor Jobpac creates a strong ANZ market leader and new tensions in its construction collaboration sector. (London, 8.15pm BST) – Viewpoint Construction Software, the Portland, Oregon, US-based construction financial software vendor, and parent company of the Newcastle, UK-based SaaS construction collaboration technology business 4Projects (acquired in February 2013), has announced …

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Permanent link to this article: http://extranetevolution.com/2015/04/viewpoint-acquires-jobpac/

Jan 09 2015

Latista adds mobile business intelligence

Latista says its BI toolset will help users quickly identify and resolve issues by highlighting key indicators and trends, and BIM seems to be firmly on the roadmap. I have mentioned US-based mobile construction solution provider Latista only occasionally since 2010, most recently in connection with its now parent Textura, who acquired the Virginia-based business in November …

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Permanent link to this article: http://extranetevolution.com/2015/01/latista-adds-mobile-business-intelligence/

Dec 15 2014

Milton Walters joins Textura Australasia

Experienced Software-as-a-Service construction collaboration executive Milton Walters has joined Textura Australasia as CEO. Melbourne, Australia-based Walters was at Aconex and then general manager of TeamBinder at QA Software, before, in August 2012, establishing a Melbourne-based company, Project Collaboration, to sell the 4Projects SaaS solution in the Australasian market. This successful reseller arrangement lasted until early 2014 before Viewpoint, who …

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Permanent link to this article: http://extranetevolution.com/2014/12/milton-walters-joins-textura-australasia/

Oct 13 2014

Aconex valued between $350m and $410m

News reports from Australia (The Australian, for example) say SaaS construction collaboration software business Aconex will float as a public company on the Australian Securities Exchange in late November (see previous post) with a market capitalisation of between Au$351 million and Au$406.5m (£190m-£220m). Joint lead managers Macquarie Capital and UBS priced the float at the …

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Permanent link to this article: http://extranetevolution.com/2014/10/aconex-valued-between-350m-and-410m/

Jul 10 2014

Colin Smith leads Textura European push

Ex-COINS, BIW and Conject executive, Colin Smiths takes the helm as Textura looks to conquer the construction payment management market in Europe. Colin Smith, founder of BIW Technologies in 2000, CEO of that business through to its sale to Munich-based Conject in 2010, and then CEO of the Conject Group until December 2013, has a …

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Permanent link to this article: http://extranetevolution.com/2014/07/colin-smith-leads-textura-european-push/

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