Sep 22 2020
Bentley Systems has revised the targeted price range for its upcoming initial public offering (IPO), which could value the company at about US$5.49 billion (c. £4.28 billion or €4.68 billion). US-based architecture, engineering and construction software and services provider Bentley announced in August 2020 (Bentley raises IPO prospect again) that it had filed a registration …
Permanent link to this article: https://extranetevolution.com/2020/09/bentley-ipo-aims-5-5-billion-valuation/
Sep 03 2020
Fonn, a Norwegian sofware startup raises $3m to help fund its continued expansion in US, UK and European housebuilding markets. Norwegian construction SaaS software startup Fonn has announced a US$3m (c. €2.5m or £2.25m) funding round led by Oslo-based venture capital firm Idekapital. Aidiom, Investinor, Skagerak Maturo and Oxer Kapital were co-investors in the business, …
Permanent link to this article: https://extranetevolution.com/2020/09/norways-fonn-attracts-3m-targets-uk-us/
Sep 02 2020
Formerly part of RIBA, NBS is positioning itself to be a ‘common data environment’ technology provider, with NBS Chorus building on its Uniclass and BIM toolkit data heritage. Until June 2018 a wholly-owned subsidiary of RIBA Enterprises, Newcastle, UK-based NBS has been actively involved in electronic publishing and then software projects since the 1990s. Initially, …
Permanent link to this article: https://extranetevolution.com/2020/09/nbs-chorus-uniclass-cdes/
Aug 28 2020
In ‘ Good Data for the Public Good”, the Institution of Engineering and Technology has called for AEC software vendors to adopt a more open approach to data in the 21st century. The UK-based Institution of Engineering and Technology (IET) paper, Good Data for the Public Good (downloadable here) has been written by members of …
Permanent link to this article: https://extranetevolution.com/2020/08/engineers-seek-good-data-for-the-public-good/
Aug 27 2020
Self-proclaimed skip hire disruptor, London’s Skrap has raised £1.2m and plans expansion to cover other construction hire needs. Skrap, a London-based startup, has raised £1.2m in seed funding as it sets out to transform how everything is hired in the construction industry by making it available on-demand. It claims a reputation as a ‘skip hire …
Permanent link to this article: https://extranetevolution.com/2020/08/skrap-automating-construction-hire/
Aug 25 2020
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 …
Permanent link to this article: https://extranetevolution.com/2020/08/rib-launches-connex-platform/
Aug 24 2020
On Friday 21 August 2020, US-based engineering design and collaboration software-as-a-service vendor Bentley Systems announced it had filed a registration statement with the US Securities and Exchange Commission for a proposed initial public offering (IPO) of its Class B common stock. The shares of Class B common stock to be sold in the offering will …
Permanent link to this article: https://extranetevolution.com/2020/08/bentley-raises-ipo-prospect-again/
Aug 10 2020
The recent UK-coordinated criticism by architects’ firms of Autodesk and its software development and licensing practices is nothing new. Similar approaches have been made in Australasia and South Africa. Unrest about Autodesk and its market dominance has been building for some years. Even before the company was criticised by 35 named architects last week, rumblings …
Permanent link to this article: https://extranetevolution.com/2020/08/designer-unrest-autodesk/
Aug 10 2020
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 …
Permanent link to this article: https://extranetevolution.com/2020/08/asite-supports-africa-exceptional-bim/
Aug 07 2020
Well-established in France, Resolving is extending its mobile-first application to support international markets and BIM-based processes. The solution captures field progress, conformity inspections, commissioning and other field activities. There have been numerous changes of ownership among the leading vendors of Software-as-a-Service construction collaboration technologies in recent years. The spate of mergers and acquisitions has also …
Permanent link to this article: https://extranetevolution.com/2020/08/resolving-mobile-first-collaboration/
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