Dec 18 2017
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), …
Permanent link to this article: http://extranetevolution.com/2017/12/oracle-to-buy-aconex-reaction/
Dec 17 2017
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 …
Permanent link to this article: http://extranetevolution.com/2017/12/oracle-set-to-buy-aconex/
Nov 24 2017
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, …
Permanent link to this article: http://extranetevolution.com/2017/11/connected-cost-aconexs-game-changer/
Nov 24 2017
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, …
Permanent link to this article: http://extranetevolution.com/2017/11/rhumbix-and-real-time-site-data/
Nov 10 2017
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 …
Permanent link to this article: http://extranetevolution.com/2017/11/aconex-promotes-from-within/
Oct 26 2017
Aconex has been boosting its Connected Cost sales and marketing efforts in the US, and is supporting digitisation efforts across the construction and engineering industries. Melbourne, Australia-based SaaS construction collaboration technology vendor Aconex has been recruiting heavily to boost its Connected Cost sales and marketing efforts in the US, with several former Oracle workers joining …
Permanent link to this article: http://extranetevolution.com/2017/10/aconex-boosts-us-connected-cost-team/
Oct 10 2017
Adding bid management to the Bentley ProjectWise suite allows designers to reuse design information for a tender package. Then, after a contract had been awarded, project delivery can resume in ProjectWise. At Bentley Systems‘ Year in Infrastructure 2017 conference, I learned that Bentley had acquired a mature US-based e-tendering Software-as-a-Service vendor earlier this year. The …
Permanent link to this article: http://extranetevolution.com/2017/10/bentley-acquires-ebid-systems/
Sep 12 2017
US-based Raken is one of a recent generation of mobile-first construction software developers seeking to automate manual onsite reporting and monitoring tasks, and says it differentiates itself by its deep niche functionality. Just over three years ago (August 2014), I visited FieldLens‘s New York headquarters and talked to one of the marketing team about their …
Permanent link to this article: http://extranetevolution.com/2017/09/mobile-first-raken-builds-its-niche/
Jul 27 2017
In a sector like Software-as-a-Service where it is often the quality of the management that matters just as much as the technology they provide, it is useful to keep track of moves between, into and out of the main industry players. At Aconex, for example, the business has a new CFO, Paul Koppelman, who took over …
Permanent link to this article: http://extranetevolution.com/2017/07/collaboration-tech-people-moves/
Jul 19 2017
HoloBuilder is a San Francisco, US-based construction technology company that designs, develops, and sells enterprise SaaS software. Its core product offers reality capturing solutions for progress documentation and construction project management, using 360° imagery, computer vision and AI. HoloBuilder says its customers include 40% of the Top 100 General Contractors in the United States, while …
Permanent link to this article: http://extranetevolution.com/2017/07/holobuilder-launches-360-construction-documentation-solution/
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