Jan 20 2021
EHAB, a UK-based weather risk management platform that helps construction companies reduce the cost of weather interruptions, has raised further funding. English start-up, EHAB aims to help construction companies identify and plan for weather-related risks using decades’ worth of weather data. Its distributed ledger (blockchain) technology platform connects construction schedules produced in Primavera P6 to …
Permanent link to this article: http://extranetevolution.com/2021/01/weather-risk-management-platform-ehab-raises-investment/
Dec 17 2020
Byggfakta is acquiring Glenigan, the UK-based provider of construction and property business intelligence and data analytics, in its second UK deal in late 2020. Norway-based Byggfakta Group has swiftly followed up on its first UK acquisition – of Newcastle-based construction technology and product data provider NBS in November 2020 (post) – by announcing on 15 …
Permanent link to this article: http://extranetevolution.com/2020/12/nbss-new-owner-byggfakta-buys-glenigan/
Dec 08 2020
RedSky launches project collaboration platform, Project Connect, claiming potential 30-60% total cost savings against competing solutions. UK-based RedSky is set to launch a cloud-based construction document and process management platform, Project Connect, targeting its core market of small to medium-sized contractor customers. RedSky backstory Formed in 1978 and based in Hemel Hempstead, Hertfordshire, RedSky (until …
Permanent link to this article: http://extranetevolution.com/2020/12/redsky-launch-project-connect-platform/
Nov 27 2020
UK-based construction technology and product data provider NBS has been acquired by the Byggfakta Group, in a deal that also secures RIBA’s long-term future. NBS, the Newcastle-upon-Tyne, UK-based construction technology provider has been acquired by the Byggfakta Group, a leading Scandinavia-based data and software provider to the European construction industry. The deal (value undisclosed) has …
Permanent link to this article: http://extranetevolution.com/2020/11/nbs-acquired-byggfakta/
Nov 19 2020
Autodesk is expanding its Autodesk Construction Cloud, adding new products in 2021: Autodesk Build, Autodesk Quantify and Autodesk BIM Collaborate. Its BuildingConnected bidding platform has also been launched in the UK and Ireland Clouds are constantly moving and changing shape, and Autodesk’s cloud offering is no different. At this week’s virtual Autodesk University, Autodesk has …
Permanent link to this article: http://extranetevolution.com/2020/11/autodesk-construction-cloud-is-reshaped/
Nov 16 2020
European investment group EQT has taken a majority stake in Munich, Germany-based architecture, engineering and construction Software-as-a-Service provider thinkproject. The Stockholm, Sweden-based international investment group EQT has taken a majority stake in Munich, Germany-based architecture, engineering and construction Software-as-a-Service provider thinkproject (no financial details given). EQT investment Founded in 1994 and strongly associated with Sweden’s …
Permanent link to this article: http://extranetevolution.com/2020/11/eqt-majority-stake-thinkproject/
Nov 04 2020
Procore’s Groundbreak included news of a new acquisition – US estimating software provider Esticom – and a slew of product announcements, but no mention of the IPO, seemingly delayed due to the continuing impacts of the pandemic. The week after Bentley Systems’ Year in Infrastructure 2020 (see previous post) was Procore‘s annual Groundbreak event, also …
Permanent link to this article: http://extranetevolution.com/2020/11/procore-acquires-estimating-esticom/
Oct 26 2020
The NBS Construction Leaders Summit suggested that new impetus is needed to drive digital adoption forward, with clients identified as key agents to push industry change. Recently (14 October 2020), I supported the second day of the NBS Construction Leadership Summit (post).* This online event was organised by the Newcastle, UK-based provider of specification information …
Permanent link to this article: http://extranetevolution.com/2020/10/bim-client-key-culture-technology/
Oct 20 2020
London-based Visio Impulse is applying computer vision techniques to help clients and project teams rapidly get insights from site imagery. Incorporated by Farhad Bazyari in London in June 2017 and launched in February 2018, Visio Impulse applies computer vision techniques to monitor construction and engineering projects. A graduate of Sheffield University, Bazyari completed a PhD …
Permanent link to this article: http://extranetevolution.com/2020/10/visio-impulse-ai-visualisation-monitor-site-progress/
Oct 19 2020
Bentley Systems’ Year In Infrastructure 2020 has started with news of an acquisition: PCSG, the UK-based consultancy chaired by former UK BIM Task Group head Mark Bew, has been bought by Bentley Systems. The Cohesive Companies, a digital integrator investment of the Acceleration Fund of Bentley Systems has acquired UK-based Professional Construction Strategies Group (PCSG) …
Permanent link to this article: http://extranetevolution.com/2020/10/bentley-systems-acquires-pcsg/
