Tag: US

Feb 12 2018

Invicara CEO: “We need a new generation of CDE vendors”

Anand Mecheri (Invicara)

Invicara CEO Anand Mecheri is looking to shake-up the SaaS CDE market by stressing it’s all about data, not files. Last month (January 2018), construction products giant Kingspan announced a US$10 million investment in Invicara, the developer of BIM Assure, a cloud-based building information model checking application. Soon after that announcement, I talked to Invicara’s …

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Permanent link to this article: http://extranetevolution.com/2018/02/invicara-ceo-we-need-a-new-generation-of-cde-vendors/

Feb 05 2018

Trimble acquires e-Builder for $500m

Just over a month after Oracle bid US$1.2 billion for Aconex, Trimble has invested US$500m to buy one of Aconex’s US-based SaaS competitors, e-Builder. On Friday 2 February, Trimble announced (news release) it had acquired privately-held Florida, US-based SaaS construction project management vendor e-Builder for US$500 million (c. £357m or €403m). Trimble says “e-Builder extends Trimble’s …

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Permanent link to this article: http://extranetevolution.com/2018/02/trimble-acquires-e-builder-for-500m/

Jan 18 2018

Invicara gets $10m from Kingspan

Kingspan logo

Ireland-based building materials giant Kingspan invests US$10m in BIM technology supplier Invicara. Some 18 months ago, in August 2016, I wrote about BIM Assure, a cloud-based building information model checking service developed by the US-based Invicara. At the time this startup had offices in Ann Arbor in Michigan, plus India and Singapore, but it now …

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Permanent link to this article: http://extranetevolution.com/2018/01/invicara-gets-10m-from-kingspan/

Jan 10 2018

Trimble connects with VolkerWessels

US construction technology provider Trimble has announced a strategic partnership with the Dutch construction business VolkerWessels to advance the latter’s use of Building Information Management (BIM) technology and improve the management and predictability of the contractor’s construction projects. As part of the collaboration, Trimble will closely work with VolkerWessels’ stakeholders to gather real-world feedback for …

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Permanent link to this article: http://extranetevolution.com/2018/01/trimble-connects-with-volkerwessels/

Jan 03 2018

Accruent buys Kykloud

John Borgerding - Accruent CEO

North Shields, UK-based mobile Software-as-a-Service asset management application vendor Kykloud has been acquired by Austin, Texas-based software business Accruent for an undisclosed sum. Launched in January 2012, proptech startup Kykloud was founded by Edwin Bartlett and former 4Projects (now part of Viewpoint nearby in Newcastle-upon-Tyne) CTO Nick Graham, and in six years has grown to …

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Permanent link to this article: http://extranetevolution.com/2018/01/accruent-buys-kykloud/

Dec 18 2017

Oracle to buy Aconex – reaction

Aconex share price to 18Dec2017

Admiration, apprehension, concern, excitement – SaaS construction collaboration vendors react to Oracle’s pitch to buy Aconex. Market reaction to Oracle’s Aconex acquisition announcement yesterday saw a predictable leap in Aconex’s share price on the Australian Securities Exchange. From Friday’s close of A$5.29, Aconex shares rocketed 44% to close at A$7.63 (just below Oracle’s offer price), …

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Permanent link to this article: http://extranetevolution.com/2017/12/oracle-to-buy-aconex-reaction/

Dec 17 2017

Oracle set to buy Aconex

US-based IT giant Oracle has announced it has offered to buy Melbourne, Australia-based Software-as-a-Service construction collaboration technology vendor Aconex, for Au$7.80 (Au$5.96) per share in cash, a deal valuing Aconex at approximately US$1.2 billion (c. Au$1.6bn, £0.9bn or €1.0bn). Project cost control The pre-internet giant has spent billions to compete in the cloud computing era – and this deal …

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Permanent link to this article: http://extranetevolution.com/2017/12/oracle-set-to-buy-aconex/

Nov 24 2017

Connected Cost – Aconex’s game-changer?

Guy Barlow, Aconex

Guy Barlow, global commercial director for Connected Cost at Aconex, was speaking at the Project Controls Expo in London last week (16 November 2017). I talked to him before his presentation (on the world’s emerging ‘Giga projects’). Just over six months ago, Melbourne, Australia-based SaaS construction collaboration vendor Aconex finally publicly launched its Connected Cost solution, …

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Permanent link to this article: http://extranetevolution.com/2017/11/connected-cost-aconexs-game-changer/

Nov 24 2017

Rhumbix and real-time site data

Rhumbix logo

Rhumbix automates construction workforce timekeeping and reporting at the field level via a mobile app, and provides real-time reporting, benchmarking and analysis to managers. Sometimes being separated by an ocean and continent doesn’t help communication. As a London-based writer, I received a news release about San Francisco, California’s Rhumbix, and reached out for an interview, …

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Permanent link to this article: http://extranetevolution.com/2017/11/rhumbix-and-real-time-site-data/

Nov 10 2017

Aconex promotes from within

Tim Olshansky (Aconex CTO)

Melbourne, Australia-based SaaS construction collaboration technology vendor Aconex has announced the promotion of two employees to its executive team. Tim Olshansky has been appointed chief technology officer. He was most recently head of engineering, Americas, at Aconex. Previously he founded Worksite, provider of a SaaS project cost management solution that was acquired by Aconex in July …

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Permanent link to this article: http://extranetevolution.com/2017/11/aconex-promotes-from-within/

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