Could new digital technologies such as blockchain or even video contracts take some of the administrative complexity and friction out of construction project delivery? Construction has long been a highly contractual and often adversarial and litigious industry. Its resistance to change (along with its learned friends in the legal profession) has perpetuated the reliance upon …
Category: Vendors
Permanent link to this article: https://extranetevolution.com/2019/02/rethinking-construction-contracts-blockchain-video/
Feb 08 2019
TenderSpace rebrands: enter Copronet
TenderSpace rebrands as Copronet, the latest UK attempt to build a construction industry business platform. It’s taken a couple of years, but the Dorset, UK-based construction business platform TenderSpace has finally changed its name, rebranding as Copronet. Soft-launched in early 2016, TenderSpace provided tools to connecting construction businesses at different stages of projects. Tools included …
Permanent link to this article: https://extranetevolution.com/2019/02/tenderspace-rebrands-enter-copronet/
Jan 29 2019
GenieBelt and Aproplan merge to form LetsBuild
Consolidation in the European SaaS/mobile construction software market as complementary solutions from GenieBelt and Aproplan combine, forming LetsBuild. Belgium-based construction software developer Aproplan and Denmark’s GenieBelt are to merge, creating a new business, LetsBuild, providing a “build phase end-to-end digital platform”. According to the joint news release, the (no cash) merger responds “to a rising …
Permanent link to this article: https://extranetevolution.com/2019/01/geniebelt-and-aproplan-merge-to-form-letsbuild/
Jan 28 2019
Autodesk buys BuildingConnected
Autodesk’s December 2018 acquisition of the BuildingConnected bid management platform for US $275m embeds Autodesk in the US pre-construction sector. On 20 December 2018, just over a month after announcing it was acquiring US-based SaaS construction management developer Plangrid, Autodesk announced it was also acquiring another US company: BuildingConnected, for US$275m. This San Francisco-based company specialises …
Permanent link to this article: https://extranetevolution.com/2019/01/autodesk-buys-buildingconnected/
Jan 18 2019
BIMStore revamps
UK-based BIM object library bimstore launched its new version 4.0 at an event at the Rocketspace venue in Islington, London yesterday (17 January 2019 – news release). Originally launched in 2011 by Newcastle-based architectural practice Space Group, bimstore claims to be the UK’s largest manufacturer-specific BIM library, and sits alongside the group’s consultancy business, BIM …
Permanent link to this article: https://extranetevolution.com/2019/01/bimstore-revamps/
Jan 16 2019
BIMtech provider Opentree acquired by Graitec
UK-based document and BIM process management software developer Opentree has been acquired by Graitec. Teesside, UK-based Opentree, a provider of enterprise document management solutions, has been acquired – for an undisclosed amount – by France-based Graitec, an Autodesk reseller and developer of BIM, fabrication and design software (it has a UK office in Southampton). Opentree’s …
Permanent link to this article: https://extranetevolution.com/2019/01/opentree-acquired-by-graitec/
Jan 11 2019
Deltek acquires Avitru
Deltek has expanded its software offering to architectural and other design firms by acquiring US-based Avitru, a deal which brings with it an ongoing commercial partnership with the US architects body, the AIA. In yet another consolidation in the architecture, engineering and construction software space, Deltek, the ever-acquisitive Virginia, US-based ERP software vendor, has bought …
Permanent link to this article: https://extranetevolution.com/2019/01/deltek-acquires-avitru/
Dec 21 2018
A first look at ACCA’s usBIM CDE
usBIM is a cloud-based BIM collaboration platform or common data environment (CDE) from Italian software developer ACCA, set to be launched in 2019. ACCA Based in Italy, about 40km east of Naples, ACCA is a software developer specialising in applications for the architectural, engineering and construction industries. Founded in 1989, it has been developing solutions …
Permanent link to this article: https://extranetevolution.com/2018/12/a-first-look-at-accas-usbim-cde/
Dec 20 2018
Procore closes US$75m funding round
Carpinteria, California-based SaaS construction technology provider Procore has announced that it has closed a $75 million funding round led by Tiger Global Management (in October 2018, Tiger Global raised $3.75bn for its latest VC tech investment fund, surpassing its initial target of $3bn – FT). This round, which values the company at $3 billion (up from $1bn …
Permanent link to this article: https://extranetevolution.com/2018/12/procore-closes-us75m-funding-round/
Dec 20 2018
Plangrid Connect launched
San-Francisco-based provider of SaaS construction productivity software Plangrid (set to become part of Autodesk) recently announced the launch of PlanGrid Connect: an out-of-box, no-code platform, which gives teams the flexibility to create custom integrations and enables real-time access to critical data with any application. In parallel, updates to the Plangrid API allow information entered in …
Permanent link to this article: https://extranetevolution.com/2018/12/plangrid-connect-launched/










