German SaaS construction technology vendor has appointed former Nemetschek executive Patrik Heider as its CEO and further strengthened its board. Former Nemetschek executive Patrik Heider has been appointed as the new CEO of Munich, Germany-based construction collaboration SaaS technology provider thinkproject Heider, right, has held roles at PwC and the Hoffman manufacturing group, and spent …
Category: Business/Financial
Permanent link to this article: https://extranetevolution.com/2021/04/thinkproject-appoints-new-ceo/
Apr 15 2021
Openbuilt spreads its “wings of transformation”
OpenBuilt sees major IT players including IBM and Red Hat combining to develop a connectivity and automation platform for the built environment industry. OpenBuilt is positioned as “a connectivity and automation platform that enables businesses to work faster and more accurately with their existing software“. It has been launched by a group of businesses including …
Permanent link to this article: https://extranetevolution.com/2021/04/openbuilt-spreads-wings-transformation/
Apr 15 2021
Bentley collaborates with Nvidia
Bentley Systems is developing applications using Nvidia’s Omniverse platform for photorealistic, real-time visualisation and simulation of digital twins of massive-scale industrial and civil infrastructure projects. Visualisation and simulation are increasingly important in the architecture, engineering and construction (AEC) sector, but the costs and manpower needed to develop really sophisticated and powerful capabilities demand that AEC …
Permanent link to this article: https://extranetevolution.com/2021/04/bentley-collaborates-nvidia/
Apr 14 2021
thinkproject acquires UK-based Formworks
thinkproject completes its second major UK acquisition to grow its mobile construction field data capture capabilities. Munich, Germany-based construction collaboration SaaS technology provider thinkproject recently announced (6 April 2021) its acquisition (for an undisclosed amount) of the London-based software developer, Digital Field Solutions, creator of the mobile application Formworks. The deal comes nearly three years …
Permanent link to this article: https://extranetevolution.com/2021/04/thinkproject-acquires-uk-based-formworks/
Apr 06 2021
RIB Group grows revenues 24% in 2020
Germany’s RIB Group grew its revenues 24% to €254.6 million in 2020, despite a slowdown due to the COVID-19 pandemic and a reduction in its M&A activities. International expansion means over a quarter of revenue now derives from north America. Stuttgart, Germany-based RIB Group has announced its results for the year ending 31 December 2020. …
Permanent link to this article: https://extranetevolution.com/2021/04/rib-grows-revenues-24-2020/
Mar 17 2021
Bentley acquires E7
Bentley Systems has acquired E7, a Brisbane, Australia-based specialist in construction delivery software for heavy civil projects – formerly known as Envision (post). Bentley says the acquisition (announced on 25 February 2021 – no terms disclosed) will add to its project delivery capabilities to helps civil contractors meet schedule and budget requirements of infrastructure investment …
Permanent link to this article: https://extranetevolution.com/2021/03/bentley-e7/
Mar 15 2021
Atlas ICAS targets healthcare market
London, UK-based startup Atlas is targeting the healthcare construction market with an integrated design and project delivery SaaS platform, ICAS, supporting design for manufacture and assembly (DfMA) approaches. Co-founded by David and Maha Harper, London-based Atlas has developed an “integrated construction and architecture platform” (ICAS) that they believe can dramatically break down silos and improve …
Permanent link to this article: https://extranetevolution.com/2021/03/atlas-icas-targets-healthcare-market/
Mar 12 2021
Bentley’s billion dollar buy: geoscience tech vendor Seequent
Bentley Systems is spending around US$1 billion to buy New Zealand-based geoscience modelling software provider, Seequent. Bentley Systems has announced an investor-backed deal led by Accel-KKR to acquire Seequent. The Christchurch, New Zealand-based business specialises in geological and geophysical modeling, geotechnical stability, and cloud services for geodata management, visibility, and collaboration. The deal involves US$900 …
Permanent link to this article: https://extranetevolution.com/2021/03/bentley-geoscience-seequent/
Mar 10 2021
Unity acquires AEC AR tech vendor VisualLive
Some consolidation in the AEC augmented reality sector as Autodesk collaborator Unity acquires US-based VisualLive. Unity, the world’s leading platform for creating and operating real-time 3D content, has announced (9 March 2021) the acquisition (value and terms not disclosed) of VisualLive, an Arizona, US-based technology company enabling the architecture, engineering, and construction (AEC) industry to …
Permanent link to this article: https://extranetevolution.com/2021/03/unity-acquires-aec-ar-tech-vendor-visuallive/
Mar 08 2021
Microsoft Mesh mixed reality opens Bentley collaboration
Mixed Reality, XR, is supported by Microsoft through its development of its Mesh platform, with wider adoption enabled via open standards, benefiting industry partners such as AEC tech provider Bentley Systems. Two days before a call with Bentley Systems’ Greg Demchak, I watched Microsoft‘s online launch of its new Microsoft Mesh mixed reality platform (on …
Permanent link to this article: https://extranetevolution.com/2021/03/microsoft-mesh-bentley-collaboration/