Feb 11 2020
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 …
Permanent link to this article: http://extranetevolution.com/2020/02/thinkproject-grows-revenues-25-in-2019/
Jan 27 2020
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 …
Permanent link to this article: http://extranetevolution.com/2020/01/asite-revenues-2019/
Jan 21 2020
CDEs? As BIM standards begin to emerge, do we also need some data exchange standards to support connected rather than common data environments? Concerted efforts to mobilise the UK built environment industry to adopt building information modelling (BIM) began around 10 years ago, but there is still some distance to go. Anecdotal industry feedback, plus …
Permanent link to this article: http://extranetevolution.com/2020/01/common-approach-common-data-environments-cdes/
Jan 20 2020
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 …
Permanent link to this article: http://extranetevolution.com/2020/01/buildiro-direct-launched-london/
Jan 03 2020
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, …
Permanent link to this article: http://extranetevolution.com/2020/01/asite-ceo-tony-ryan-dies-suddenly/
Dec 12 2019
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 …
Permanent link to this article: http://extranetevolution.com/2019/12/buildots-site-visual-data-capture/
Dec 03 2019
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 …
Permanent link to this article: http://extranetevolution.com/2019/12/newforma-acquires-elevia/
Dec 02 2019
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 …
Permanent link to this article: http://extranetevolution.com/2019/12/chatbots-construction/
Nov 27 2019
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 …
Permanent link to this article: http://extranetevolution.com/2019/11/contech-subset-proptech/
Nov 22 2019
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 …
Permanent link to this article: http://extranetevolution.com/2019/11/hivemap-startup-cloud-analytics/
