Aug 05 2020
Stuttgart, Germany-based RIB Software has been expanding its international footprint in the architecture, engineering and construction Software-as-a-Service space in recent years; Australia’s Projectcentre and Denmark’s Docia were among the group’s early SaaS acquisitions, and it has accelerated its M&A activities in recent years. Now 2,700-strong, it has enjoyed a strong first half of 2020 despite …
Permanent link to this article: https://extranetevolution.com/2020/08/rib-revenue-growth/
Jul 31 2020
Architectural unrest about Autodesk and its support for the industry’s design businesses is growing. Discontent has been simmering for a decade or more, and has led to calls for EU action. The recent open letter to Autodesk from 17 named members of a 25-strong group of leading architects (28 July 2020: Design firms demand change …
Permanent link to this article: https://extranetevolution.com/2020/07/autodesk-criticism-extends/
Jul 31 2020
Field image capture technology provider Buildots has raised £12m in funding to fuel its expansion plan. Tel Aviv, Israel-based startup Buildots has raised £12m (US$16m) in venture capital backing to fund its expansion plans (reports The Construction Index and TechCrunch). As described in Extranet Evolution in December 2019, Buildots’ solution combines 360-degree body-worn cameras with artificial …
Permanent link to this article: https://extranetevolution.com/2020/07/buildots-expansion/
Jul 28 2020
A group of leading design practices have written an open letter to Andrew Anagnost, president and CEO of Autodesk to express concern at the increasing cost of ownership of Autodesk’s Revit software, its lack of development, and its poor support for interoperability. Seventeen well-known firms, including AHMM, Allies and Morrison, Aukett Swanke, Glenn Howells Architects, …
Permanent link to this article: https://extranetevolution.com/2020/07/design-firms-demand-change-at-autodesk/
Jul 15 2020
Autodesk leads a strategic investment in Bridgit, and plans integration between Bridgit Bench and Autodesk Construction Cloud. Toronto, Canada-based construction SaaS technology developer Bridgit has announced (news release) that it has raised US$7 million in a funding round led by Autodesk, and supported by existing investors, BDS, Salesforce Ventures, Sands Capital and StandUp Ventures. This …
Permanent link to this article: https://extranetevolution.com/2020/07/autodesk-invests-bridgit-bench/
Jun 30 2020
The thinkproject BIM common data environment (CDE) software is to be used during construction of the 18km €6.9bn Fehmarn Belt fixed link between Germany and Denmark. Munich, Germany-based thinkproject‘s BIM ‘common data environment’ (CDE) software is to be used during construction of the €6.9bn (c US$7.74bn or £6.24bn) Fehmarn Belt fixed link. At 18km long, …
Permanent link to this article: https://extranetevolution.com/2020/06/thinkproject-wins-fehmarn-belt-megaproject/
Jun 26 2020
Newcastle-upon-Tyne, UK-based xbim is facilitating BIM conversations with its new xbim Flex platform. A recent Extranet Evolution post (15 June 2020: AEC reliance on email remains high, Mail Manager research shows) highlighted the architecture, engineering and construction (AEC) sector’s continued reliance on email for communication. This struck a chord with Steve Lockley of Newcastle, UK-based …
Permanent link to this article: https://extranetevolution.com/2020/06/xbim-flex-targeting-aecs-continued-reliance-on-email/
Jun 24 2020
Asite CEO Nathan Doughty talks to Extranet Evolution about COVID-19, industry mergers and future prospects for the UK-based SaaS technology business. 2020 started on a tragic note at Asite. On 2 January, the independent London-based Software-as-a-Service construction collaboration technology vendor announced that Tony Ryan, Asite CEO, had died suddenly, aged 48. Chief operating officer, Nathan …
Permanent link to this article: https://extranetevolution.com/2020/06/nathan-doughtys-new-asite-era/
Jun 23 2020
Germany’s RIB Software takes a controlling interest in China’s Bochaosoft, adding strong Asian power engineering industry player to its portfolio of products. Stuttgart, Germany-based RIB Software has invested US$28.57M to buy 51% of Bochaosoft, a 350-strong China-based electric power and engineering BIM design software company. RIB was the subject of a €1.4bn bid from France-based …
Permanent link to this article: https://extranetevolution.com/2020/06/rib-software-invests-chinese-tech-developer/
Jun 22 2020
Independent research commissioned by SaaS vendor Procore shows a UK construction shift in technology adoption during the COVID-19 pandemic. Procore, the US-based provider of construction management software which has been expanding in the UK, says the COVID-19 pandemic has caused a shift in attitudes to technology in the construction industry. In March 2020 (read: Coronavirus, construction …
Permanent link to this article: https://extranetevolution.com/2020/06/lockdown-accelerates-demand-digital-transformation-procore/
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