Category: Extranet/CDE

NCCTP now part of Constructing Excellence

The UK-based ‘extranet’ vendors trade association, the Network for Construction Collaboration Technology Providers (NCCTP), is now a membership forum within Constructing Excellence, the only UK membership organisation bringing together businesses from every part of the AEC supply chain (see press release). The first major sign of the new arrangement has been the publication of a 20-page …

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Permanent link to this article: https://extranetevolution.com/2007/09/ncctp-now-par-1/

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/

StoreData results

The latest financial reports from retail fit-out specialist contractor Styles & Wood show that its StoreData division, which competes in the UK construction collaboration technology (aka ‘extranet’) field, did not have a good first six months in 2007. While overall group revenues and profits were up, StoreData “as expected … had a slower first half than last …

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Permanent link to this article: https://extranetevolution.com/2007/09/storedata-resul/

Aconex in Australia shares court row

The tranquil world of online construction collaboration is not normally rocked by claims of political or financial feuds, but Aconex has unfortunately got caught up in an Australian court wrangle which features two well-known state politicians. Background Aconex was founded by Leigh Jasper (son of National Party MP Ken Jasper) and Rob Phillpot, with initial financial backing …

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Permanent link to this article: https://extranetevolution.com/2007/08/aconex-in-austr/

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/

People, processes and technology

Attend almost any AEC industry conference or seminar where construction collaboration technologies are discussed and you will usually hear something to the effect that successful collaboration is 80% about people and processes and only 20% about the technologies involved (in my book, I even ventured that the balance could be more like 90/10). This type of guidance …

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Permanent link to this article: https://extranetevolution.com/2007/08/people-processe/

Valuing a SaaS business

Last week, I briefly speculated on how you value an IT business, skimming across several alternative approaches before focusing on the ‘precedent’ approach in the context of UK construction collaboration software vendor 4Projects’ MBO. I did suggest being a Software-as-a-Service (SaaS) business might improve its valuation, but I didn’t know by how much. Over the weekend, however, …

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Permanent link to this article: https://extranetevolution.com/2007/08/valuing-a-saas/

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/

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