Feb 08 2019
TenderSpace rebrands as Copronet, the latest UK attempt to build a construction industry business platform. It’s taken a couple of years, but the Dorset, UK-based construction business platform TenderSpace has finally changed its name, rebranding as Copronet. Soft-launched in early 2016, TenderSpace provided tools to connecting construction businesses at different stages of projects. Tools included …
Permanent link to this article: http://extranetevolution.com/2019/02/tenderspace-rebrands-enter-copronet/
Jan 28 2019
Autodesk’s December 2018 acquisition of the BuildingConnected bid management platform for US $275m embeds Autodesk in the US pre-construction sector. On 20 December 2018, just over a month after announcing it was acquiring US-based SaaS construction management developer Plangrid, Autodesk announced it was also acquiring another US company: BuildingConnected, for US$275m. This San Francisco-based company specialises …
Permanent link to this article: http://extranetevolution.com/2019/01/autodesk-buys-buildingconnected/
Jan 11 2019
Deltek has expanded its software offering to architectural and other design firms by acquiring US-based Avitru, a deal which brings with it an ongoing commercial partnership with the US architects body, the AIA. In yet another consolidation in the architecture, engineering and construction software space, Deltek, the ever-acquisitive Virginia, US-based ERP software vendor, has bought …
Permanent link to this article: http://extranetevolution.com/2019/01/deltek-acquires-avitru/
Dec 20 2018
Carpinteria, California-based SaaS construction technology provider Procore has announced that it has closed a $75 million funding round led by Tiger Global Management (in October 2018, Tiger Global raised $3.75bn for its latest VC tech investment fund, surpassing its initial target of $3bn – FT). This round, which values the company at $3 billion (up from $1bn …
Permanent link to this article: http://extranetevolution.com/2018/12/procore-closes-us75m-funding-round/
Dec 20 2018
San-Francisco-based provider of SaaS construction productivity software Plangrid (set to become part of Autodesk) recently announced the launch of PlanGrid Connect: an out-of-box, no-code platform, which gives teams the flexibility to create custom integrations and enables real-time access to critical data with any application. In parallel, updates to the Plangrid API allow information entered in …
Permanent link to this article: http://extranetevolution.com/2018/12/plangrid-connect-launched/
Dec 19 2018
HoloBuilder launches SiteAI progress control HoloBuilder, San Francisco-based provider of 360° reality capture for construction sites, is adding an Artificial Intelligence solution, “SiteAI”, to automate progress control. The solution (released at Autodesk University 2018 in November) uses computer vision and deep learning to analyze materials, objects and structures captured in 360° imagery data on the …
Permanent link to this article: http://extranetevolution.com/2018/12/360-developments-from-holobuilder-and-panono/
Nov 23 2018
Stuttgart, Germany’s RIB Software is expanding aggressively beyond its central European heartland, winning customers in Australia, the US, Asia and the UK, and plans growth in its cloud-delivered construction ecosystem developed in partnership with Microsoft. Earlier this autumn, I talked to RIB’s COO and executive board member Mads Bording about the company, which he joined …
Permanent link to this article: http://extranetevolution.com/2018/11/rib-plans-further-cloud-expansion/
Nov 22 2018
Plangrid has been expanding into the UK since 2017 with internationalisation now largely complete, and the solution now more about workflows than ‘sheet’ management. Company executive Bill Smith also identified how Plangrid complemented Autodesk’s design strengths. On 18 October 2018, around a month before Autodesk announced its US$875m acquisition of Plangrid, I talked to Bill …
Permanent link to this article: http://extranetevolution.com/2018/11/construction-savvy-plangrid-adds-to-autodesk-toolset/
Nov 21 2018
Surprise consolidation in the construction cloud collaboration space as Autodesk acquires the rapidly expanding Plangrid. Autodesk has announced it is to acquire PlanGrid, the San-Francisco-based provider of construction productivity software, for US$875 million, saying it will “enable Autodesk to offer a more comprehensive, cloud-based construction platform.” PlanGrid software lets general contractors, subcontractors and owners in commercial, …
Permanent link to this article: http://extranetevolution.com/2018/11/autodesk-acquires-plangrid-for-875m/
Nov 07 2018
SaaS construction collaboration technology provider Asite grew its revenues and profits in the year to 30 June 2018. With AEC acquisitions happening almost monthly, is the London-based vendor the next big target? According to its just-published annual report (here), the London, UK-headquartered company saw revenues grow 12% from 2017 to £8,004,773 – around US$10.47m or €9.17m. …
Permanent link to this article: http://extranetevolution.com/2018/11/growth-continues-at-asite/
