Tag Archive: Worksite

Oct 14 2016

Saas budget management with Budget4cast

Launched in the US at the recent Construction Management Association of America (CMAA) conference in San Diego, California, is a new cloud-based project budget management application, Budget4cast. Denver, Colorado-based CEO Bryan Carruthers (a career project manager turned AEC software entrepreneur) believes it’s something of a unique product, which he says generated a lot of interest and …

Continue reading »

Permanent link to this article: http://extranetevolution.com/2016/10/saas-budget-management-with-budget4cast/

Sep 12 2016

Conject deal boosts Aconex revenue growth

Last month (23 August), Australia-based Software-as-a-Service construction collaboration software vendor Aconex announced its financial results for the year to 30 June 2016, revealing underlying organic revenue growth of 31%, with the acquisition of Conject (completed on 31 March 2016) boosting total revenue growth to 50%. Total Aconex revenue was Au$123.4 million (c. US$93.3m, £70.1m, €82.8m), compared with …

Continue reading »

Permanent link to this article: http://extranetevolution.com/2016/09/conject-deal-boosts-aconex-revenue-growth/

Mar 17 2016

Aconex acquires Conject

In the biggest deal yet seen in the construction SaaS market, the Melbourne, Australia-based collaboration technology provider Aconex has acquired Munich, Germany-based rival Conject for A$96m (c. €65m or £51m or US$73.3m). Aconex announced the agreement to acquire Conject Holding GmbH earlier today, along with its intention to launch a fully underwritten placement to raise approximately A$120m …

Continue reading »

Permanent link to this article: http://extranetevolution.com/2016/03/aconex-acquires-conject/

Feb 23 2016

Aconex SaaS growth continues

Impressive 2015 revenue growth underlines Aconex’s AEC SaaS leadership position. Melbourne, Australia-based SaaS construction collaboration technology provider Aconex has announced an impressive set of half-year results, covering the six months up to 31 December 2015. They show the business grew its global revenues by 46%, from Au$38.1m in 2014 (see A rosy Aconex financial update) to Au$55.7m (c …

Continue reading »

Permanent link to this article: http://extranetevolution.com/2016/02/aconex-saas-growth-continues/

Aug 13 2015

Aconex CIMIC deal absorbs SaaS rival

Melbourne, Australia-based SaaS construction collaboration technology vendor Aconex last week announced a strategic partnership with CIMIC Group. which will also see it absorb a rival Australian AEC SaaS technology provider. CIMIC (not to be confused with US construction software provider CMiC, or a Shanghai porcelain and stone business) was formerly the Australian contracting giant Leighton …

Continue reading »

Permanent link to this article: http://extranetevolution.com/2015/08/aconex-cimic-deal-absorbs-saas-rival/

Jul 15 2015

Aconex acquires Worksite

Acquiring a SaaS project cost management platform gives Aconex a potential leadership position when customers want both cloud collaboration and project cost control. Melbourne, Australia-based SaaS collaboration technology provider Aconex has announced an agreement to acquire Worksite, provider of a SaaS project cost management solution, for approximately Au$6.5m, (c £3.1m or US$4.8m) from ARES Project Management LLC. …

Continue reading »

Permanent link to this article: http://extranetevolution.com/2015/07/aconex-acquires-worksite/