I met up with Newforma CEO Ian Howell in London on Friday (10 October) and asked about the recent SmartUse acquisition (see post). From his perspective, the deal was the next stage in Newforma’s “mobile-first strategy,” building on previous deals (2012) to add mobile and cloud-based capabilities to the Newforma portfolio, while satisfying the company’s VC …
Category: Vendors
Permanent link to this article: https://extranetevolution.com/2014/10/more-on-newformas-smartuse-acquisition/
Oct 13 2014
Aconex valued between $350m and $410m
News reports from Australia (The Australian, for example) say SaaS construction collaboration software business Aconex will float as a public company on the Australian Securities Exchange in late November (see previous post) with a market capitalisation of between Au$351 million and Au$406.5m (£190m-£220m). Joint lead managers Macquarie Capital and UBS priced the float at the …
Permanent link to this article: https://extranetevolution.com/2014/10/aconex-valued-between-350m-and-410m/
Oct 10 2014
4Projects reports record revenues
4Projects turnover in 2013 reached £6.351m. The SaaS vendor reported its seventh straight £1m-plus profit, and sees BIM as a key to sustained future growth. Newcastle, UK-based SaaS construction collaboration technology develop 4Projects, since February 2013 a subsidiary of US ERP vendor Viewpoint, has reported record turnover for the year ending 31 December 2013. It …
Permanent link to this article: https://extranetevolution.com/2014/10/4projects-reports-record-revenues/
Oct 09 2014
A BIM boom for SaaS collaboration vendors?
Will there be a BIM benefit for the SaaS collaboration vendors? Yes, but it will happen gradually both in the UK and internationally, and then grow bigger as more owners require ILM services. Within UK construction IT, building information modelling (BIM) is the hot topic. Even construction software businesses that previously thought it was irrelevant (I’ve …
Permanent link to this article: https://extranetevolution.com/2014/10/a-bim-boom-for-saas-collaboration-vendors/
Oct 06 2014
Newforma acquires SmartUse
Newforma expands its mobile construction plan review capabilities by acquiring SmartUse’s touch-friendly mobile platform. US-based construction project information management software vendor, Newforma, today announced it has acquired SmartUse, a Montreal developer of a touch-friendly mobile platform for construction project collaboration (the value of the deal remains confidential). In the news release, Newforma CEO Ian Howell says: …
Permanent link to this article: https://extranetevolution.com/2014/10/newforma-acquires-smartuse/
Oct 06 2014
Sitedesk targets mobile BIM market
Sitedesk is a new name in the BIM and collaboration world, marketing a mobile solution that has just been adopted for a Balfour Beatty coastal defence project. Wyre Council in Lancashire has selected collaboration technology from a Manchester-based company Sitedesk to support Level 2 building information modelling (BIM) during a five-year contract to construct and …
Permanent link to this article: https://extranetevolution.com/2014/10/sitedesk-targeting-mobile-bim-market/
Oct 05 2014
Nemetscheck nets Bluebeam for $100m
Nemetschek, the Munich, Germany-based software group which includes Allplan, Vectorworks, Graphisoft, SCIA and Maxon, has announced that it is acquiring the US business Bluebeam Software, a provider of PDF-based collaboration solutions for architecture, engineering and construction professionals, for $100 million, creating a portfolio offering both BIM authoring and drawing-based workflow solutions. Richard Lee, CEO of Bluebeam …
Permanent link to this article: https://extranetevolution.com/2014/10/nemetscheck-nets-bluebeam-for-100m/
Oct 04 2014
Should construction dump email?
FieldLens identifies the time-sink that is email and reopens discussion about the role of email in construction projects. “Should the construction industry dump email?” is the provocative title of a blog post by Kelly Lignos Ziv writing for New York-based mobile construction collaboration vendor FieldLens, and it returns to a topic I’ve discussed many times …
Permanent link to this article: https://extranetevolution.com/2014/10/should-construction-dump-email/
Oct 02 2014
NoteVault extends daily reporting reach
NoteVault is a California-based developer of mobile daily reporting technologies for the US construction industry, growing its market partly through a solution integration strategy. One of the first major acquisitions in the SaaS construction collaboration sector was Autodesk’s $46m purchase of Constructware in February 2006 (post). Competitors’ fears that the powerful workflow features of Constructware would …
Permanent link to this article: https://extranetevolution.com/2014/10/notevault-extends-daily-reporting-reach/
Oct 01 2014
Specifiedby’s Beta advanced product search
Specifiedby continues to develop its construction product selection tools, testing an advanced product search tool to help specifiers find exactly the product and associated information they need. I met Darren Lester, CEO of Specifiedby, on Monday for a quick lunchtime beer in London. He gave me an update on how the platform had moved forward …
Permanent link to this article: https://extranetevolution.com/2014/10/specifiedbys-beta-advanced-product-search/
nima’s That Information Management podcast
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