Apr 15 2021
OpenBuilt sees major IT players including IBM and Red Hat combining to develop a connectivity and automation platform for the built environment industry. OpenBuilt is positioned as “a connectivity and automation platform that enables businesses to work faster and more accurately with their existing software“. It has been launched by a group of businesses including …
Permanent link to this article: https://extranetevolution.com/2021/04/openbuilt-spreads-wings-transformation/
Apr 06 2021
Germany’s RIB Group grew its revenues 24% to €254.6 million in 2020, despite a slowdown due to the COVID-19 pandemic and a reduction in its M&A activities. International expansion means over a quarter of revenue now derives from north America. Stuttgart, Germany-based RIB Group has announced its results for the year ending 31 December 2020. …
Permanent link to this article: https://extranetevolution.com/2021/04/rib-grows-revenues-24-2020/
Mar 12 2021
Bentley Systems is spending around US$1 billion to buy New Zealand-based geoscience modelling software provider, Seequent. Bentley Systems has announced an investor-backed deal led by Accel-KKR to acquire Seequent. The Christchurch, New Zealand-based business specialises in geological and geophysical modeling, geotechnical stability, and cloud services for geodata management, visibility, and collaboration. The deal involves US$900 …
Permanent link to this article: https://extranetevolution.com/2021/03/bentley-geoscience-seequent/
Feb 08 2021
UK-based SaaS platform developer 3D Repo has launched a new model-sharing platform, 3D Send, speeding up secure sharing of BIM outputs. London-based built environment Software-as-a-Service platform developer 3D Repo has launched a new simple and secure platform, 3D Send, that enables users to share and view building information models without needing to download them first. …
Permanent link to this article: https://extranetevolution.com/2021/02/3d-repo-launches-3d-send/
Nov 04 2020
Procore’s Groundbreak included news of a new acquisition – US estimating software provider Esticom – and a slew of product announcements, but no mention of the IPO, seemingly delayed due to the continuing impacts of the pandemic. The week after Bentley Systems’ Year in Infrastructure 2020 (see previous post) was Procore‘s annual Groundbreak event, also …
Permanent link to this article: https://extranetevolution.com/2020/11/procore-acquires-estimating-esticom/
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/
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/
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/
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/
Apr 28 2020
Ireland’s Evercam monitors construction sites via IP cameras and is integrating live imagery with BIM and using AI to track site activities. Dublin, Ireland-based company Evercam provides cameras for construction sites to provide regular feeds of images that can also be used to create time-lapse and project management video sequences. Established in 2010 by Marco …
Permanent link to this article: https://extranetevolution.com/2020/04/evercam-site-imagery-ai-bim/
