Category: SaaS

RIB Software grew 57% in 2019

RIB 2019 metrics

Revenues at Germany’s RIB Group grew 57% in 2019, and the company’s financial performance has also been detailed in a Reasoned Statement in response to Schneider Electric’s takeoever bid. The latest annual report and accounts from Stuttgart, Germany-based software provider RIB Group, for the year to 31 December 2019, shows revenue up over 57% on …

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Permanent link to this article: https://extranetevolution.com/2020/04/rib-grows-57-2019/

Procore IPO in for prolonged coronavirus lockdown?

Procore-Aconex integration

US construction collaboration SaaS technology provider Procore planned to offer its shares on the New York Stock Exchange in the near future, but its plans could be undermined by the coronavirus pandemic. On 28 February 2020, California, US-based construction collaboration SaaS technology provider Procore filed registration documents with the US Securities and Exchange Commission relating …

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Permanent link to this article: https://extranetevolution.com/2020/03/procore-ipo-prolonged-coronavirus-lockdown/

Kubus BIMcollab adds issue management tools

BIMcollab issue management

The cloud-based BIMcollab  issue management system for BIM, from Netherlands-based KUBUS, works with a variety of popular BIM applications based on OpenBIM, and there have been some interesting product launches in the first quarter of 2020. BIMcollab-BricsCAD integration In January, the company announced an integration with Hexagon-owned Bricsys, whereby a new BCF panel in the …

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Permanent link to this article: https://extranetevolution.com/2020/03/kubus-bimcollab-adds-issue-management-tools/

Egnyte targets UK CDE market

Egnyte lifecycle ecosystem

Egnyte is targeting its enterprise file sync and sharing platform at architecture, engineering and construction, positioning itself as an ‘agnostic CDE’. Attending the first day of the FutureBuild 2020 trade show in London earlier this month, I noticed an Egnyte stand among the digital exhibitors. Stepping on to the stand, I briefly met Andrew Martin, …

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Permanent link to this article: https://extranetevolution.com/2020/03/egnyte-targets-uk-cde-market/

Open CDEs and BIMLauncher

Procore-Aconex integration

Amid a continuing UK BIM discussion regarding use of ‘common data environments’, CDEs, Ireland’s BIMLauncher is already connecting some vendors’ platforms at a document-centric level. Truly connected BIM is a long way off, believes BIMLauncher CEO John Egan. In January 2020 (Towards connected data environments, CDEs), I wondered about the need for data exchange standards …

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Permanent link to this article: https://extranetevolution.com/2020/03/open-cdes-and-bimlauncher/

Operance releases smart building manual

Operance Smart Building Manual

Operance is a mobile-first application from Humberside, UK-based BIM consultancy BIMSense. It is designed to enable anyone to easily search, share, update and use BIM (Building Information Modelling) information, without needing to know anything about BIM. Based in the UK at the Centre for Digital Innovation (C4DI), a private technology incubator in Hull, Humberside, BIMSense …

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Permanent link to this article: https://extranetevolution.com/2020/03/operance-releases-smart-building-manual/

Bentley buys GroupBC

GroupBC screens

The latest consolidation in the global SaaS construction collaboration marketplace has seen Reading, UK-based GroupBC acquired by the US giant AEC software vendor Bentley Systems for an undisclosed amount. Jointly announcing the deal today (11 March 2020 news release), Bentley Systems says the two companies’ software solutions have been deployed for complementary purposes to improve project …

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Permanent link to this article: https://extranetevolution.com/2020/03/bentley-buys-groupbc/

APE Mobile acquired by Damstra

Kevin Reece (APE Mobile, at DCW)

Perth, Australia-based mobile construction technology vendor APE Mobile has been acquired by another Australian firm, Damstra, for an unspecified amount. The company, originally Applied Project Experience, was founded by Matt Edwards in 2009, and initially set out to exploit the newly-launched Apple iPad tablet to support construction business processes, with APE Mobile‘s Paperless Site Software-as-a-Service …

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Permanent link to this article: https://extranetevolution.com/2020/03/ape-mobile-acquired-damstra/

Schneider Electric makes €1.4 bn bid for RIB Software

Proposed Schneider RIB fit

Directors of Stuttgart, Germany-based RIB Software have urged shareholders to agree a €1.4 billion bid from Schneider Electric. Stuttgart, Germany-based RIB Software, which has been expanding its footprint in the architecture, engineering and construction (AEC)  Software-as-a-Service space in recent years, is the subject of a €29 per RIB share from Schneider Electric, valuing the 1200-strong …

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Permanent link to this article: https://extranetevolution.com/2020/02/schneider-electric-acquisition-rib-software/

thinkproject grows revenues 25% in 2019

Gareth Burton (think project! CEO)

Germany’s thinkproject increased its revenue by more than 25% in 2019 and anticipates continued double-digit revenue growth in 2020. Munich-based thinkproject, which describes itself as “Europe’s leading construction and engineering SaaS provider”, increased its revenue by more than 25% in 2019. Following profitable growth in the international construction software market, recent acquisitions, and continued investment …

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Permanent link to this article: https://extranetevolution.com/2020/02/thinkproject-grows-revenues-25-in-2019/

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