Category: AEC

Aconex 2006 results

Having looked at the financial results of most of the major UK construction collaboration (extranet) vendors over the past few months (for example, Business Collaborator yesterday, StoreData earlier in the month), I realised that I hadn’t really examined Aconex in any detail. Although active in the UK and a member of the NCCTP, Aconex is an …

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Permanent link to this article: https://extranetevolution.com/2007/09/aconex-2006-res/

A good six months for Business Collaborator

This morning’s London Stock Exchange announcement by Coda of its financial results for the six months ending 30 June 2007 include some snippets about UK collaboration vendor Business Collaborator‘s financial performance in the same period. Business Collaborator turnover was up 18% on 2006 to £1.381m, generating a £240k profit, marginally up on 2006’s £232k. According …

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Permanent link to this article: https://extranetevolution.com/2007/09/a-good-six-mont/

CAD Awards 2007

Just over a week after the Construction Computing awards (see post) are announced, I read that the CAD awards 2007 – predictably abbreviated to the Caddies – are to be presented on 29 November.

Permanent link to this article: https://extranetevolution.com/2007/09/cad-awards-2007/

DWF v. PDF – an Autodesk interview

In my book, I discussed Adobe and Autodesk’s development of different file formats to manage design data (it’s a topic I have since returned to – here for instance). I have just found an interesting interview on the Novedge blog with Autodesk’s Mary Hope McQuiston regarding the DWF format – a similar interview having previously been undertaken with Adobe’s …

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Permanent link to this article: https://extranetevolution.com/2007/08/dwf-v-pdf-an/

ConstructHub

From the European side of the Atlantic, the US market appears able to sustain numerous companies offering various different flavours of AEC-specific document management and online collaboration. Thanks to AECcafe.com, I have just added another Software-as-a-Service (SaaS) provider to my list: ConstructHub. Based in Tempe, Arizona and formed, it says, by a group of experienced …

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Permanent link to this article: https://extranetevolution.com/2007/08/constructhub/

Data Builder

On holiday last month, I read the excellent Bill Bryson book, The Life and Times of the Thunderbolt Kid, about Bryson’s boyhood years growing up in Des Moines, Iowa. Today, thanks to a comment from American Reader on a recent EE post, I had a look at the website of US document management software vendor …

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Permanent link to this article: https://extranetevolution.com/2007/08/data-builder/

Causeway acquires Elstree Computing

With my July holiday and the MBO at 4Projects, another event in the UK construction computing world almost slipped under my radar. Causeway Technologies (vendor of Causeway Collaboration) acquired Elstree Computing (ECL – with its own Information Manager document management and collaboration solution) last month (see Causeway news release). “With over 2,000 customers and employing 150 …

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Permanent link to this article: https://extranetevolution.com/2007/08/causeway-acquir/

More on the 4Ps MBO

This week’s management buy-out of 4Projects was reported in north-east England newspaper The Journal this week.  The 1 August report, Wear IT specialist out to double its revenue, adds little to the news releases on 4Projects‘ and August Equity‘s websites, though it does revise last year’s turnover figure downwards by £200k to £3.2m from that previously reported in …

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Permanent link to this article: https://extranetevolution.com/2007/08/more-on-the-4ps/

MBO at 4Projects (3)

So how much did the August-backed management team at 4Projects pay for the business (see previous post)? No figure was quoted in the release, and there are no hard and fast rules that we can apply. Business valuation is something of a mixture of art and science, with several ways to estimate a fair price. …

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Permanent link to this article: https://extranetevolution.com/2007/08/mbo-at-4proje-1/

MBO at 4Projects (2)

Not being a financial wizard, I have been doing some research on what is involved in a management buy-out, so that I understand the implications of yesterday’s 4Projects announcement better. Wikipedia’s MBO entry yields some interesting background on private equity-backed MBOs: “The private equity investors will invest money in return for a proportion of the shares in …

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Permanent link to this article: https://extranetevolution.com/2007/08/mbo-at-4project/

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