Category: Collaboration

Reflecting on the Procore IPO

Procore platform pitch

US AEC SaaS player Procore raised over $600m in its May 2021 IPO, but its global ambitions face significant competition. In February 2020, US-based construction Software-as-a-Service (SaaS) provider Procore filed its intention to make an initial public offering of its shares on the New York Stock Exchange. But the onset of the global COVID-19 pandemic …

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Permanent link to this article: https://extranetevolution.com/2021/06/reflecting-procore-2021-ipo/

Script & Go relaunches in the UK with housebuilder focus

Script&Go Site warranty product

Rennes, France-based Script & Go is looking to establish itself in the UK with a new focus on the house-building sector, capitalising upon its strong experience in this sector in France. Based in Rennes in north-west France, Script & Go, previously best known in the UK for its Site Diary application (Script&Go’s Site Diary revamped …

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Permanent link to this article: https://extranetevolution.com/2021/06/scriptgo-relaunch-uk-housebuilder/

Checking in with Checkd

Tom-Erik von Krogh Martinsen, founder and CEO at Checkd.

Now a subsidiary of a VC-backed Swedish ERP business, Checkd enjoyed its best ever year in 2020, and is looking to continue its 50% year-on-year growth. Since first featuring in Extranet Evolution in January 2015 (Checkd mobile checked out), the Norwegian mobile-first and Software-as-a-Service (SaaS) construction application provider Checkd has, despite BIM advances, continued to …

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Permanent link to this article: https://extranetevolution.com/2021/06/checking-checkd/

FARO acquires Holobuilder

HoloBuilder JobWalk Planner

California-based Holobuilder, a pioneer in AEC 360-degree photogrammetry, has been acquired by FARO Technologies in a US$34 million deal. FARO Technologies has invested $US34 million to acquire HoloBuilder, the San Francisco, US-based 360-degree reality capture technology developer. The Florida, US-based corporation known for its 3D measurement, imaging, and realisation solutions for architecture, engineering and construction, says: …

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Permanent link to this article: https://extranetevolution.com/2021/06/faro-acquires-holobuilder/

NBS Summit: accelerating digital transformation

Golden Thread initiative

April 2021’s NBS Construction Leaders’ Summit focused on the Construction Playbook, the climate emergency, building safety and the role of digital technologies across all three. Following its successful online Construction Leaders’ Summit in October 2020, Newcastle, UK-based technology and information services provider NBS (now owned by Byggfakta) held a follow-up event, again over two days, …

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Permanent link to this article: https://extranetevolution.com/2021/06/nbs-summit-accelerating-digital-transformation/

thinkproject appoints new CEO

Patrik Heider

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 …

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Permanent link to this article: https://extranetevolution.com/2021/04/thinkproject-appoints-new-ceo/

Openbuilt spreads its “wings of transformation”

OpenBuilt Architecture

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 …

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Permanent link to this article: https://extranetevolution.com/2021/04/openbuilt-spreads-wings-transformation/

Bentley collaborates with Nvidia

Jacobs Waterworks Team

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 …

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Permanent link to this article: https://extranetevolution.com/2021/04/bentley-collaborates-nvidia/

thinkproject acquires UK-based Formworks

Formworks website

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 …

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Permanent link to this article: https://extranetevolution.com/2021/04/thinkproject-acquires-uk-based-formworks/

RIB Group grows revenues 24% in 2020

RIB regional revenues, 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. …

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Permanent link to this article: https://extranetevolution.com/2021/04/rib-grows-revenues-24-2020/

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