Aug 09 2019
Finnish construction technology businesses Congrid and HomeRun are partnering to share their complementary technologies and expand their marketing reach. Finland’s Congrid, which launched a mobile application for quality and safety management in 2016, has agreed a partnership with another Nordic construction software business, HomeRun. The businesses feel their products complement each others well, and plan to …
Permanent link to this article: https://extranetevolution.com/2019/08/congrid-homerun-form-partnership/
Aug 08 2019
Continuing its 2019 spending spree and extending its international footprint still further, Germany’s RIB Software has taken a 15% stake [updated} majority stake in an Indian tech company, Winjit. In the latest in a series of 2019 investments, RIB Software, the Stuttgart, Germany-based provider of cloud-based technologies for the construction and real estate industries, has …
Permanent link to this article: https://extranetevolution.com/2019/08/rib-invests-india-iot-ai-specialist-winjit/
Aug 07 2019
Discussion about ‘Digital Twins’ and national digital twins has grown rapidly since 2017, with Bentley Systems leading conversations and supporting UK research. The notion of creating a ‘Digital Twin’ of a built asset – a digital representation of the physical asset that is also connected to the physical asset to exchange real-time data – has …
Permanent link to this article: https://extranetevolution.com/2019/08/bentley-pushes-digital-twin-into-aec-mainstream/
Jul 18 2019
Another report, “Unlock the Benefits of Going Digital in Construction” from Bentley Systems, underlines the under-digitised nature of construction – a well-worn theme at industry conferences in recent years. Consultancies such as the McKinsey Global Institute have highlighted how construction digitalisation lags other industry sectors in the US, Europe and Australasia, while, in the UK, …
Permanent link to this article: https://extranetevolution.com/2019/07/bentley-highlights-need-digitise-construction/
Jul 16 2019
Procore acquires Honest Buildings, aiming to connect everyone in global construction platform. California, US-based construction management software provider Procore has announced it has entered an agreement to acquire [for an unspecified amount] New York City, US-based Honest Buildings, a provider of project management software for owners and developers. Procore says the deal will allow it …
Permanent link to this article: https://extranetevolution.com/2019/07/procore-acquires-honest-buildings/
Jul 11 2019
Australia’s SafetyCulture is looking to follow construction vendor Aconex as another Australia tech success story. Having written about Australian health, safety and quality solution provider Hammertech in April 2019 (see HammerTech raises Au$10m), I have been alerted to another vendor founded in Australia: SafetyCulture. Its focus is wider than construction, but it has attracted considerable …
Permanent link to this article: https://extranetevolution.com/2019/07/iauditor-safetyculture/
Jul 02 2019
Australian construction technology startup Matrak is attracting a lot of interest, having just raised Au$3 million in new funding. Melbourne, Australia-based construction technology startup Matrak is attracting a lot of interest, particularly after being described (by a former Aconex chairman) as the next potential Australian contech “unicorn” following the success of Aconex (acquired by Oracle …
Permanent link to this article: https://extranetevolution.com/2019/07/melbourne-start-up-matrak-attracts-interest/
Jul 02 2019
RIB Software has announced the US$31.5m acquisition of a 70% shareholding in South Africa’s CCS, a cost estimation and project control software provider. The international expansion of Stuttgart, Germany-based RIB Software continues. The construction cloud technology provider has today (2 July 2019) has announced its acquisition of a 70% shareholding in South Africa’s CCS, a …
Permanent link to this article: https://extranetevolution.com/2019/07/rib-buys-ccs-to-build-african-base/
Jul 01 2019
The LetsBuild BIM app aims to seamlessly link on-site activities and checks to a project’s BIM model, and is focusing on ensuring easy BiM adoption by site teams. LetsBuild, the European construction cloud technology business formed by the January 2019 merger of Belgium’s AproPlan and Denmark’s GenieBelt, is planning a BIM product launch. LetsBuild aims …
Permanent link to this article: https://extranetevolution.com/2019/07/letsbuild-targets-site-bim-adoption/
Jun 24 2019
Having recently secured £0.5m in VC funding, Belfast-based mobile surveying application developer GoReport says annualised revenue has topped £1m, and its looking to expand in 2019. Belfast, Northern Ireland-based mobile surveying application developer GoReport says annualised revenue has topped £1m. Turnover grew 60% in the year to 31 March 2019, and are up 128% since …
Permanent link to this article: https://extranetevolution.com/2019/06/surveying-app-goreport-annual-revenues-1m/
nima’s That Information Management podcast
