Tag: UK

thinkproject grows revenues 25% in 2019

Gareth Burton (think project! CEO)

Germany’s thinkproject increased its revenue by more than 25% in 2019 and anticipates continued double-digit revenue growth in 2020. Munich-based thinkproject, which describes itself as “Europe’s leading construction and engineering SaaS provider”, increased its revenue by more than 25% in 2019. Following profitable growth in the international construction software market, recent acquisitions, and continued investment …

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Permanent link to this article: http://extranetevolution.com/2020/02/thinkproject-grows-revenues-25-in-2019/

Asite revenues up 20% in 2019

Asite BIM escalator

AEC SaaS technology vendor Asite grew its revenues 20% in the year to 30 June 2019. Could the London-based business be an acquisition target? In the year to 30 June 2019, London-based construction Software-as-a-Service vendor Asite grew its revenues by 20.4%, from just over £8m in 2018 (post) to £9.638m (c. US$12.6m or €11.43m. According …

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Permanent link to this article: http://extranetevolution.com/2020/01/asite-revenues-2019/

Permanent link to this article: http://extranetevolution.com/2020/01/common-approach-common-data-environments-cdes/

Buildiro Direct launched in London

Buildiro Direct London reach

Buildiro launches a same-day delivery service for London-based tradespeople sourcing tools and materials from local builders’ merchants. Buildiro, positioning itself as “the world’s first mobile app for materials procurement” and launched in London in September 2019, is introducing a new service on Monday 20 January 2020, just under a year since the startup launched its …

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Permanent link to this article: http://extranetevolution.com/2020/01/buildiro-direct-launched-london/

Tony Ryan, Asite CEO, dies suddenly

Tony Ryan at Adoddle17 launch

Tony Ryan, the flamboyant Irishman who has been CEO of SaaS technology vendor Asite since 2006, died suddenly in London yesterday (2 January 2020). Sad news from the London-based SaaS construction collaboration technology provider, Asite: “It is with great sadness that we announce that Tony Ryan, Chief Executive Officer of Asite, died yesterday in London, …

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Permanent link to this article: http://extranetevolution.com/2020/01/asite-ceo-tony-ryan-dies-suddenly/

Buildots: site visual data capture

buildots error demo

Tel Aviv-based Buildots uses 360-degree wearable cameras and AI for “automated detection of schedule and design discrepancies.” At October’s Digital Construction Week 2019 trade show in London, I spotted Israeli startup Buildots among the exhibitors. I didn’t have chance to learn more then, but the company presented at December’s COMIT community day (held in IFS‘s …

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Permanent link to this article: http://extranetevolution.com/2019/12/buildots-site-visual-data-capture/

Newforma acquires EleVia

Brock Philp, Newforma CEO

Newforma, the US-based provider of hybrid (on-premise and cloud) project information management technology backed since mid 2017 by Battery Ventures, has announced the acquisition of Minneapolis-based EleVia, a financial software company for the architecture and engineering vertical market (no deal value given). Founded in 2016, EleVia delivers and supports software that facilitates key financial and …

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Permanent link to this article: http://extranetevolution.com/2019/12/newforma-acquires-elevia/

AI in construction: chatbots for marketing and training

Daden image

Applying artificial intelligence and machine learning in construction might involve using chatbots for lead generation on building trade websites, as well as for training. I have been talking about artificial intelligence and construction sporadically for some time, and a news release about a new UK service for lead generation in the building trade reminded me …

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Permanent link to this article: http://extranetevolution.com/2019/12/chatbots-construction/

Is contech a subset of proptech (or vice-versa)?

Industry digitisation in Europe

Some writers seem to regard contech as a small subset of proptech, but data created during asset delivery will be a foundation for many future proptech transactions. I recently subscribed to a proptech newsletter from James Dearsley’s online community Unissu, wanting to understand a little more about how the real estate world is developing, using …

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Permanent link to this article: http://extranetevolution.com/2019/11/contech-subset-proptech/

Hivemap startup pins hopes on cloud analytics

Hivemap issues

London-based startup Hivemap launched in early 2019, and is trying to disrupt the construction collaboration market by a focus on business data analytics. New Civil Engineer’s TechFest event in September 2019 featured a ‘Dragons’ Den’ style contest between five early stage technology businesses. Alongside the relatively mature EviFile* (see post) was a London-based company which …

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Permanent link to this article: http://extranetevolution.com/2019/11/hivemap-startup-cloud-analytics/

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