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), …
Tag: architecture
Permanent link to this article: https://extranetevolution.com/2017/12/oracle-to-buy-aconex-reaction/
Dec 17 2017
Oracle set to buy Aconex
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/
Oct 12 2017
ProjectWise suite expands
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
Bentley acquires eBid Systems
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
Live from GroupBC user conference 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/
Sep 27 2017
How is disruptive technology changing construction?
Earlier this year, I was asked three questions by Copenhagen, Denmark-based construction technology vendor GenieBelt for a blog post they were planning. Below are my responses, penned at a time when I was thinking about how construction businesses might add value and differentiate themselves with their customers. In what ways do you think disruptive technology …
Permanent link to this article: https://extranetevolution.com/2017/09/how-is-disruptive-technology-changing-construction/
Sep 26 2017
CEMAR sticks to its NEC expertise
CEMAR is focused purely on contract management and its expertise in NEC contracts has helped it achieve leadership in this specialist cloud-based software market. Gloucester, UK-based construction contract management software vendor CEMAR is single-minded in its focus on construction contracts and on the NEC suite in particular. This focus has seen the company enjoy year-on-year …
Permanent link to this article: https://extranetevolution.com/2017/09/cemar-sticks-to-its-nec-expertise/
Sep 22 2017
It came from out of Space: Warboard
Space Group’s Warboard offers BIM model issue management, potentially helping teams not using a more fully featured common data environment, CDE. Newcastle, UK-based architectural services business, Space Group (which includes Space Architects, consultancy BIM Technologies, and BIM object provider BIMstore.co.uk, and promotes the BIMShowLive events) has been developing its own cloud-based BIM collaboration software, called Warboard. …
Permanent link to this article: https://extranetevolution.com/2017/09/it-came-from-out-of-space-warboard/
Sep 08 2017
More mobile AEC tools
The mobile construction app market continues to grow: a look at how Asta Site Progress complements desktop software, and a form management app for SMEs. Asta Site Progress Elecosoft’s Asta Powerproject competes in the same project management sector as Oracle’s Primavera and MS Project, but is specifically designed to support construction planners’ work. Primarily a …
Permanent link to this article: https://extranetevolution.com/2017/09/mobile-aec-tools-asta-site-progress/
Aug 22 2017
Aconex continues 31% growth trend
Aconex continues to grow revenues, effectively doubling in two years. Two-thirds of its business now comes from outside Australasia. Melbourne, Australia-based Software-as-a-Service construction collaboration software vendor Aconex has announced its financial results for the year to 30 June 2017, reporting 31% revenue growth for the second year running (results were affected by exchange rates: at a constant currency, growth …
Permanent link to this article: https://extranetevolution.com/2017/08/aconex-continues-31-growth-trend/












