Category: People issues

EQT takes majority stake in thinkproject

thinkproject portfolio

European investment group EQT has taken a majority stake in Munich, Germany-based architecture, engineering and construction Software-as-a-Service provider thinkproject. The Stockholm, Sweden-based international investment group EQT has taken a majority stake in Munich, Germany-based architecture, engineering and construction Software-as-a-Service provider thinkproject (no financial details given). EQT investment Founded in 1994 and strongly associated with Sweden’s …

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Permanent link to this article: https://extranetevolution.com/2020/11/eqt-majority-stake-thinkproject/

Bentley Systems acquires PCSG

Mark Bew

Bentley Systems’ Year In Infrastructure 2020 has started with news of an acquisition: PCSG, the UK-based consultancy chaired by former UK BIM Task Group head Mark Bew, has been bought by Bentley Systems. The Cohesive Companies, a digital integrator investment of the Acceleration Fund of Bentley Systems has acquired UK-based Professional Construction Strategies Group (PCSG) …

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Permanent link to this article: https://extranetevolution.com/2020/10/bentley-systems-acquires-pcsg/

The NBS Construction Leaders’ Summit

Mark Farmer

In a busy month for events, NBS’s October 2020 Construction Leaders’ Summit has a stellar roster of keynote and supporting speakers. NBS is one of the UK’s leading construction information services businesses, capturing information from construction product manufacturers for use by designers and specifiers, and also managing the Uniclass classification system. It has also monitored …

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Permanent link to this article: https://extranetevolution.com/2020/10/construction-leaders-summit/

Permanent link to this article: https://extranetevolution.com/2020/08/standardising-discoverable-construction-knowledge/

RIB launches Connex platform

RIB Connex mobile workflows

RIB Software’s Scandinavian development team in Copenhagen has been extending the capabilities of the former Docia toolset, applying an ‘open BIM’ approach to delivering new Connex BIM functionality. Stuttgart, Germany-based RIB Software, now part of the French Schneider Electric group, has expanded through a series of acquisitions in recent years, while also growing its Software-as-a-Service …

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Permanent link to this article: https://extranetevolution.com/2020/08/rib-launches-connex-platform/

Asite supports Africa’s Exceptional BIM

Exceptional BIM tiers

Growing Africa’s BIM capabilities is facing new challenges due to COVID-19, but Exceptional BIM, an online learning portal backed by Asite, is aiming to maintain momentum. BIM adoption in southern Africa has historically lagged more developed markets such as Europe, the US and the Asia Pacific region (Dec 2016: South Africa lagging …). However, there …

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Permanent link to this article: https://extranetevolution.com/2020/08/asite-supports-africa-exceptional-bim/

Buildots raises £12m to fund expansion

Buildots image

Field image capture technology provider Buildots has raised £12m in funding to fuel its expansion plan. Tel Aviv, Israel-based startup Buildots has raised £12m (US$16m) in venture capital backing to fund its expansion plans (reports The Construction Index and TechCrunch). As described in Extranet Evolution in December 2019, Buildots’ solution combines 360-degree body-worn cameras with artificial …

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Permanent link to this article: https://extranetevolution.com/2020/07/buildots-expansion/

GoReport/RICS survey highlights data privacy concerns

PropTech barriers (source: GoReport)

A GoReport/RICS proptech survey found industry respondents widely recognise digitisation opportunities, but adoption speeds vary, with privacy and ethical use of data seen as the biggest challenge to wider adoption. A proptech survey carried out by Belfast-based mobile survey technology vendor GoReport has found that industry respondents widely recognise digitisation opportunities, but adoption speeds vary. …

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Permanent link to this article: https://extranetevolution.com/2020/05/goreport-rics-highlights-data-privacy-concerns/

Novade to expand smart field management

Novade Insights

Singapore-based Novade, a developer of smart field management applications for the architecture, engineering and construction industry, recently completed a Series B capital investment round. Novade, a Singapore-based developer of smart field management applications for the architecture, engineering and construction industry, recently (15 April 2020) announced the completion of a Series B capital investment round (value …

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Permanent link to this article: https://extranetevolution.com/2020/05/novade-expand-smart-field-management/

Coronavirus, construction and software

AEC investment in IT

The coronavirus pandemic could potentially shut down construction, with a catastrophic impact upon firms and workers, many of them self-employed. How can software firms help? As just about every nation is affected by the global coronavirus pandemic, entire industry sectors are facing unprecedented shutdowns. Construction is no exception. In some instances, the shutdown has been …

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Permanent link to this article: https://extranetevolution.com/2020/03/covid-19-construction-software/

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