Sep 23 2020
FieldLens, the New York City-based mobile construction management technology provider, acquired by WeWork in June 2017, is set to shut down. FieldLens, the New York City-based mobile construction management technology provider once dubbed the “Facebook of Construction” is said to be closing down. The business largely disappeared after being acquired by WeWork in June 2017 (FieldLens acquired …
Permanent link to this article: http://extranetevolution.com/2020/09/former-facebook-construction-fieldlens-closing/
Sep 03 2020
Fonn, a Norwegian sofware startup raises $3m to help fund its continued expansion in US, UK and European housebuilding markets. Norwegian construction SaaS software startup Fonn has announced a US$3m (c. €2.5m or £2.25m) funding round led by Oslo-based venture capital firm Idekapital. Aidiom, Investinor, Skagerak Maturo and Oxer Kapital were co-investors in the business, …
Permanent link to this article: http://extranetevolution.com/2020/09/norways-fonn-attracts-3m-targets-uk-us/
Aug 27 2020
Self-proclaimed skip hire disruptor, London’s Skrap has raised £1.2m and plans expansion to cover other construction hire needs. Skrap, a London-based startup, has raised £1.2m in seed funding as it sets out to transform how everything is hired in the construction industry by making it available on-demand. It claims a reputation as a ‘skip hire …
Permanent link to this article: http://extranetevolution.com/2020/08/skrap-automating-construction-hire/
Aug 24 2020
On Friday 21 August 2020, US-based engineering design and collaboration software-as-a-service vendor Bentley Systems announced it had filed a registration statement with the US Securities and Exchange Commission for a proposed initial public offering (IPO) of its Class B common stock. The shares of Class B common stock to be sold in the offering will …
Permanent link to this article: http://extranetevolution.com/2020/08/bentley-raises-ipo-prospect-again/
Jul 31 2020
Architectural unrest about Autodesk and its support for the industry’s design businesses is growing. Discontent has been simmering for a decade or more, and has led to calls for EU action. The recent open letter to Autodesk from 17 named members of a 25-strong group of leading architects (28 July 2020: Design firms demand change …
Permanent link to this article: http://extranetevolution.com/2020/07/autodesk-criticism-extends/
Jun 24 2020
Asite CEO Nathan Doughty talks to Extranet Evolution about COVID-19, industry mergers and future prospects for the UK-based SaaS technology business. 2020 started on a tragic note at Asite. On 2 January, the independent London-based Software-as-a-Service construction collaboration technology vendor announced that Tony Ryan, Asite CEO, had died suddenly, aged 48. Chief operating officer, Nathan …
Permanent link to this article: http://extranetevolution.com/2020/06/nathan-doughtys-new-asite-era/
Jun 22 2020
Independent research commissioned by SaaS vendor Procore shows a UK construction shift in technology adoption during the COVID-19 pandemic. Procore, the US-based provider of construction management software which has been expanding in the UK, says the COVID-19 pandemic has caused a shift in attitudes to technology in the construction industry. In March 2020 (read: Coronavirus, construction …
Permanent link to this article: http://extranetevolution.com/2020/06/lockdown-accelerates-demand-digital-transformation-procore/
Jun 12 2020
Bentley Systems has acquired US-based NoteVault, a provider of voice-based field automation for construction management. Bentley Systems‘ latest acquisition (announced on 3 June 2020 – no value given) is NoteVault, a San Diego, California-based provider of voice-based field automation for construction management. According to Bentley: “the acquisition expands Bentley’s SYNCHRO digital construction environment with industry-leading …
Permanent link to this article: http://extranetevolution.com/2020/06/bentley-acquires-notevault/
May 14 2020
In April 2020, Bentley Systems announced it had opened up its ProjectWise 365 cloud service, including waiving subscription fees until 30 September 2020, to virtually connect infrastructure project participants forced to work from home due to the COVID-19 pandemic. Extranet Evolution talked to Bentley and to a US customer about how ProjectWise 365 has helped …
Permanent link to this article: http://extranetevolution.com/2020/05/coping-covid-19-bentley-projectwise-365/
Apr 28 2020
Ireland’s Evercam monitors construction sites via IP cameras and is integrating live imagery with BIM and using AI to track site activities. Dublin, Ireland-based company Evercam provides cameras for construction sites to provide regular feeds of images that can also be used to create time-lapse and project management video sequences. Established in 2010 by Marco …
Permanent link to this article: http://extranetevolution.com/2020/04/evercam-site-imagery-ai-bim/
