Dec 31 2017
A corporate merger between two UK construction businesses mainly engaged in the fit-out sector would not normally grab my attention. However, the pre-Christmas announcement that Styles & Wood is to be combined with interiors firm Southerns Group means a change of ownership for Styles & Wood’s information technology subsidiary, Nottingham-based iSite. Central Square Holdings Ltd (CSHL) …
Permanent link to this article: https://extranetevolution.com/2017/12/new-owners-for-isite/
Dec 18 2017
Admiration, apprehension, concern, excitement – SaaS construction collaboration vendors react to Oracle’s pitch to buy Aconex. Market reaction to Oracle’s Aconex acquisition announcement yesterday saw a predictable leap in Aconex’s share price on the Australian Securities Exchange. From Friday’s close of A$5.29, Aconex shares rocketed 44% to close at A$7.63 (just below Oracle’s offer price), …
Permanent link to this article: https://extranetevolution.com/2017/12/oracle-to-buy-aconex-reaction/
Dec 17 2017
US-based IT giant Oracle has announced it has offered to buy Melbourne, Australia-based Software-as-a-Service construction collaboration technology vendor Aconex, for Au$7.80 (Au$5.96) per share in cash, a deal valuing Aconex at approximately US$1.2 billion (c. Au$1.6bn, £0.9bn or €1.0bn). Project cost control The pre-internet giant has spent billions to compete in the cloud computing era – and this deal …
Permanent link to this article: https://extranetevolution.com/2017/12/oracle-set-to-buy-aconex/
Nov 10 2017
Melbourne, Australia-based SaaS construction collaboration technology vendor Aconex has announced the promotion of two employees to its executive team. Tim Olshansky has been appointed chief technology officer. He was most recently head of engineering, Americas, at Aconex. Previously he founded Worksite, provider of a SaaS project cost management solution that was acquired by Aconex in July …
Permanent link to this article: https://extranetevolution.com/2017/11/aconex-promotes-from-within/
Nov 02 2017
On 19 October, I interviewed Viewpoint’s Steve Spark about the SaaS vendor’s 2016 results and about prospects for 2017. At Digital Construction Week in London last month, I conducted a short video interview with Steve Spark, commercial director of Viewpoint’s EMEA business. In it, I asked about the company’s recent financial performance – which saw EMEA …
Permanent link to this article: https://extranetevolution.com/2017/11/steve-spark-expands-on-viewpoint-results/
Oct 24 2017
UK-based SaaS proptech startup Kykloud and Munich, Germany’s SaaS construction collaboration technology vendor think project! have both appointed new chief finance officers. Kycloud appoints Norden Based in North Shields near Newcastle, Kykloud, a SaaS business providing cloud-based software for surveyors (its client base features eight of the top ten global surveying firms) and property asset …
Permanent link to this article: https://extranetevolution.com/2017/10/new-cfos-for-kykloud-and-think-project/
Oct 18 2017
UK construction collaboration technology vendor Viewpoint grew revenues 30% in 2016 to £15.1m, reported a £2.5m profit, and is bullish about its 2017 prospects. Viewpoint‘s EMEA operation has shared its latest financial results with me, showing the Newcastle, UK-based SaaS construction collaboration technology vendor has increased revenues 30% year on year, in the year to …
Permanent link to this article: https://extranetevolution.com/2017/10/viewpoint-emea-revenues-up-30-in-2016/
Oct 12 2017
Bentley’s ProjectWise is past the tipping point in its transition from on-premise to being cloud-based, and is now the central part of an ‘ecosystem’ of cloud services. ProjectWise “is the ‘workhorse for work sharing’ by 43 of the ENR Top 50 Design Firms,” says a Bentley press release, indicating how far ProjectWise has grown from …
Permanent link to this article: https://extranetevolution.com/2017/10/projectwise-suite-expands/
Oct 10 2017
Adding bid management to the Bentley ProjectWise suite allows designers to reuse design information for a tender package. Then, after a contract had been awarded, project delivery can resume in ProjectWise. At Bentley Systems‘ Year in Infrastructure 2017 conference, I learned that Bentley had acquired a mature US-based e-tendering Software-as-a-Service vendor earlier this year. The …
Permanent link to this article: https://extranetevolution.com/2017/10/bentley-acquires-ebid-systems/
Sep 28 2017
Today, I am at the user conference of GroupBC, previously Business Collaborator, at the Coin Street Conference Centre in London’s South Bank – and will be updating during the day. As well as an overview of recent company and software developments, the day will see presentations from customers Thames Water, Sainsbury’s and Balfour Beatty, plus …
Permanent link to this article: https://extranetevolution.com/2017/09/live-from-groupbc-user-conference-2017/
nima’s That Information Management podcast
