Jun 11 2021
US AEC SaaS player Procore raised over $600m in its May 2021 IPO, but its global ambitions face significant competition. In February 2020, US-based construction Software-as-a-Service (SaaS) provider Procore filed its intention to make an initial public offering of its shares on the New York Stock Exchange. But the onset of the global COVID-19 pandemic …
Permanent link to this article: http://extranetevolution.com/2021/06/reflecting-procore-2021-ipo/
Jun 09 2021
Rennes, France-based Script & Go is looking to establish itself in the UK with a new focus on the house-building sector, capitalising upon its strong experience in this sector in France. Based in Rennes in north-west France, Script & Go, previously best known in the UK for its Site Diary application (Script&Go’s Site Diary revamped …
Permanent link to this article: http://extranetevolution.com/2021/06/scriptgo-relaunch-uk-housebuilder/
Feb 04 2021
One-time Styles & Wood subsidiary, iSite (formerly StoreData) has been acquired by a London-based ERP vendor, 7FC, and relaunched. The commercial real estate platform iSite, based in Nottingham, has been acquired by 7FC, a London-based digital transformation agency specialising in ERP systems (working with partners Microsoft and Oracle, among others). The move expands 7FC’s portfolio …
Permanent link to this article: http://extranetevolution.com/2021/02/uks-isite-acquired-by-7fc/
Dec 08 2020
RedSky launches project collaboration platform, Project Connect, claiming potential 30-60% total cost savings against competing solutions. UK-based RedSky is set to launch a cloud-based construction document and process management platform, Project Connect, targeting its core market of small to medium-sized contractor customers. RedSky backstory Formed in 1978 and based in Hemel Hempstead, Hertfordshire, RedSky (until …
Permanent link to this article: http://extranetevolution.com/2020/12/redsky-launch-project-connect-platform/
Nov 27 2020
UK-based construction technology and product data provider NBS has been acquired by the Byggfakta Group, in a deal that also secures RIBA’s long-term future. NBS, the Newcastle-upon-Tyne, UK-based construction technology provider has been acquired by the Byggfakta Group, a leading Scandinavia-based data and software provider to the European construction industry. The deal (value undisclosed) has …
Permanent link to this article: http://extranetevolution.com/2020/11/nbs-acquired-byggfakta/
Jul 31 2020
Field image capture technology provider Buildots has raised £12m in funding to fuel its expansion plan. Tel Aviv, Israel-based startup Buildots has raised £12m (US$16m) in venture capital backing to fund its expansion plans (reports The Construction Index and TechCrunch). As described in Extranet Evolution in December 2019, Buildots’ solution combines 360-degree body-worn cameras with artificial …
Permanent link to this article: http://extranetevolution.com/2020/07/buildots-expansion/
Jun 26 2020
Newcastle-upon-Tyne, UK-based xbim is facilitating BIM conversations with its new xbim Flex platform. A recent Extranet Evolution post (15 June 2020: AEC reliance on email remains high, Mail Manager research shows) highlighted the architecture, engineering and construction (AEC) sector’s continued reliance on email for communication. This struck a chord with Steve Lockley of Newcastle, UK-based …
Permanent link to this article: http://extranetevolution.com/2020/06/xbim-flex-targeting-aecs-continued-reliance-on-email/
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/
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/
Apr 27 2020
With the UK coronavirus lockdown into its second month, construction software vendors are still trying to encourage new use of their applications. Since I first wrote about the impacts of the coronavirus shutdown on construction (Coronavirus, construction and software – 23 March 2020), there has been a constant stream of UK construction trade press coverage. …
Permanent link to this article: http://extranetevolution.com/2020/04/coronavirus-construction-impacts-and-software-offers-continue/
