Category: Business/Financial

Sep 22 2008

Aconex gets private equity injection

The Australian business press (eg: Melbourne’s The Age, Australian IT, MIS Australia, Smart Company Briefing) has been busy reporting news that Australia-based SaaS-based construction collaboration technology vendor Aconex has secured a AU$107.5m (£48.8m) private equity investment (see also Aconex news release and listen to ZDnet Australia podcast). Not since the reckless days of the dot.com …

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Permanent link to this article: https://extranetevolution.com/2008/09/aconex-gets-private-equity-injection/

Aug 29 2008

4Projects to open US and Canada bases

UK SaaS-based construction collaboration technology vendor 4Projects is looking to establish bases in the US and Canada, reports north-east England regional newspaper The Journal. A year after its private equity-backed MBO (see post), marketing director Duncan Mactear says “We have continued to increase revenue, turnover and most importantly for the region, we have increased the …

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Permanent link to this article: https://extranetevolution.com/2008/08/4projects-to-open-us-and-canada-bases/

Aug 28 2008

Steady StoreData?

The latest financial results from Styles & Wood‘s StoreData collaboration technology division are now combined with the group’s StorePlanning division, which makes comparisons with the previous figures (see StoreData stagnating in 2007) more difficult. In 2007, the StorePlanning division achieved revenues (£6.1m) four times greater than StoreData (£1.5m), and returned a profit of £1m compared …

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Permanent link to this article: https://extranetevolution.com/2008/08/steady-storedata/

Aug 27 2008

Asite teams up with OpSource

A news release today from US-based web hosting business OpSource says it has agreed a strategic partnership with UK collaboration services provider Asite Solutions. Ignoring the hyperbole,* it appears OpSource On-Demand will now provide Asite’s hosting regime (OpSource has data centres in Virginia, London and Bangalore – London-based Asite also has an office in India). …

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Permanent link to this article: https://extranetevolution.com/2008/08/asite-teams-up-with-opsource/

Aug 26 2008

AEC’s Software-plus-Services player to deliver BIMaaS?

I have talked before about Microsoft‘s much-discussed Software-plus-Services strategy before (here, for example), and it strikes me that there is an interesting corporate parallel in Microsoft’s approach to the rise of Software-as-a-Service (SaaS) in the attitude of Autodesk, albeit on a different scale. Like Microsoft, Autodesk has made its name by selling conventional, locally-hosted CAD …

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Permanent link to this article: https://extranetevolution.com/2008/08/aecs-software-plus-services-player-to-deliver-bimaas/

Aug 19 2008

CTSpace people news

The Sword Group rather dropped off my radar recently, so I’ve been catching up with some developments relating to executives involved with their CTSpace subsidiary (formerly BuildOnline in the UK), a vendor of construction collaboration technologies. The most note-worthy change has been the appointment last month of former Citadon and CTSpace CEO Howard Koenig to …

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Permanent link to this article: https://extranetevolution.com/2008/08/ctspace-people-news/

Aug 15 2008

Chewing the CAD

Cadalyst Manufacturing has a thought-provoking viewpoint article written by J. Paul Grayson, CEO of Alibre, that suggests “the CAD software market is stuck in time, somewhere in the late 1970s or early 1980s, when mainframes and minicomputers were the primary platform of professional computing”. Despite the advances in personal computing in other fields, including the …

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Permanent link to this article: https://extranetevolution.com/2008/08/chewing-the-cad/

Aug 04 2008

BIW grows 24% in 2007

BIW Technologies [my employer] grew its turnover by 24 per cent in the year to 30 September 2007, achieving over £0.5m in profits in the process (see full news release here). The company’s turnover in 2007 grew to £5.76m, up from £4.66m the previous year. A modest 2006 loss of £171,000 was turned around in …

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Permanent link to this article: https://extranetevolution.com/2008/08/biw-grows-24-in-2007/

Jul 25 2008

History of CAD touches on extranets

David Weisberg has published online a comprehensive history of CAD, which is available free at http://www.cadhistory.net. I had a quick skim through a couple of chapters to see what, if anything, he’d written about construction collaboration technologies – and he hasn’t ignored them. Chapter 6 (Autodesk and AutoCAD, PDF), for example, has a page or …

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Permanent link to this article: https://extranetevolution.com/2008/07/history-of-cad-touches-on-extranets/

Jul 25 2008

Another good BIM viewpoint

The latest AECbytes viewpoint is from Stuart Carroll of US IT provider Beck Technology. In BIM: When Will It Enter “The Ours” Zone?, he responds to an earlier article on Building Information Modelling (BIM) by John Tobin (Proto-Building: To BIM is to Build), and echoes my own, often-repeated view (see post, for example) that it’s …

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Permanent link to this article: https://extranetevolution.com/2008/07/another-good-bim-viewpoint/

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