At the end of August 2016, Dropbox and Australia-based SaaS construction collaboration vendor Aconex announced (Dropbox news release; Aconex news release) a global partnership to provide integrated cloud-based collaboration solutions to the construction and engineering industry. As part of this agreement, Aconex and Dropbox will deliver better data integration between the two platforms, allowing users to save …
Category: SaaS
Permanent link to this article: https://extranetevolution.com/2016/10/aconex-connects-to-dropbox/
Oct 04 2016
think project! acquires Conetics
Rationalisation of the European construction collaboration market has taken another step forward. Munich, Germany-based vendor think project! has announced that it has acquired 100% of the shares of another (smaller) German vendor, Cologne-based Conetics AG. According to the think project! news release, Conetics AG was established in 2000 in North Rhine-Westphalia, Germany, as a spin-off of …
Permanent link to this article: https://extranetevolution.com/2016/10/think-project-acquires-conetics/
Sep 27 2016
Finalcad raises €20m Series B funding
Showing once again that there is a lot of investor interest in mobile-oriented construction collaboration platforms, Paris-based Finalcad has announced that is has secured €20m (US$22.4m or £17.25m) Series B funding to help finance its international development ambitions. FinalCad was established in France in 2011 and started to grew domestically following adoption by several major clients, …
Permanent link to this article: https://extranetevolution.com/2016/09/finalcad-raises-e20m-series-b-funding/
Sep 27 2016
think project! targets Spain in JV with ProjectCenter
Munich, Germany-based SaaS construction collaboration technology vendor think project! has established a joint venture with Madrid-based ProjectCenter to target customers in Spain, Portugal and Latin America. According to a think project! news release, it will hold a majority stake in think project! Iberia. ProjectCenter back story As previously described (March 2013 post), ProjectCenter started life in …
Permanent link to this article: https://extranetevolution.com/2016/09/think-project-targets-spain-in-jv-with-projectcenter/
Sep 26 2016
BuildBinder CIMS
Watching the US Software-as-a-Service construction collaboration space, I recently discovered another startup – San Francisco, California-based BuildBinder – targeting the construction project management sector. (Despite the similarity of names, I don’t think it has any connection to another Californian business, close-out documentation specialist Combinder, which I covered in April 2016; I have also written a few …
Permanent link to this article: https://extranetevolution.com/2016/09/buildbinder-cims/
Sep 16 2016
Geniebelt raises €2m funding
TechCrunch reports that Copenhagen, Denmark-based construction Software-as-a-Service vendor GenieBelt has secured €2 million in new investment to ramp up marketing for its platform. TechCrunch says the round was led by Danish Solar A/S, a publicly listed European sourcing and services company operating within the electrical, heating and plumbing, and ventilation technology sectors. GenieBelt chairman Klaus Nyengaard, formerly CEO of …
Permanent link to this article: https://extranetevolution.com/2016/09/geniebelt-raises-e2m-funding/
Sep 12 2016
Conject deal boosts Aconex revenue growth
Last month (23 August), Australia-based Software-as-a-Service construction collaboration software vendor Aconex announced its financial results for the year to 30 June 2016, revealing underlying organic revenue growth of 31%, with the acquisition of Conject (completed on 31 March 2016) boosting total revenue growth to 50%. Total Aconex revenue was Au$123.4 million (c. US$93.3m, £70.1m, €82.8m), compared with …
Permanent link to this article: https://extranetevolution.com/2016/09/conject-deal-boosts-aconex-revenue-growth/
Sep 05 2016
Newforma gets connected
Silos (both company and IT) have long inhibited collaboration in construction. Newforma’s ‘Connector’ strategy seeks to break them down. I recently wrote (16 August: Newforma now playing cloud catch-up?) about Newforma’s Cloud Services initiative, which has seen the vendor expand its extranet-type capabilities, complementing its original core on-premise, behind-the-firewall application. I spoke last Thursday to Newforma CEO …
Permanent link to this article: https://extranetevolution.com/2016/09/newforma-gets-connected/
Aug 17 2016
BIM Assure: cloud-based model checking
In the upFront.Zine, Ralph Grabowski has a great article about a cloud-based BIM checking service, BIM Assure. The feature was written with Marty Chobot, VP of marketing at the system’s developer, a startup called Invicara with offices in Michigan in the US, India and Singapore. The application was also reviewed recently by Lachmi Khemlani in AECbytes. I won’t steal the …
Permanent link to this article: https://extranetevolution.com/2016/08/bim-assure-cloud-based-model-checking/
Aug 16 2016
Newforma now playing cloud catch-up?
It’s over 10 years since my first posts about US-based construction provider Newforma, and during the intervening decade the company has executed a gradual, but now almost complete, about-turn. In June 2006, Newforma was dismissive of cloud-based applications: senior executives described project extranets as “digital landfills” and insisted that we now call Software-as-a-Service had no traction in …
Permanent link to this article: https://extranetevolution.com/2016/08/newforma-now-playing-cloud-catch-up/












