Aconex has launched a ‘Connected BIM’ product, and a new Digital Manuals capability (but only if you are on Windows). Away from the continuing repercussions of the ‘tepid’ and therefore cancelled or postponed IPO (post), Melbourne, Australia-based Software-as-a-Service construction collaboration technology provider Aconex has launched Aconex Connected BIM, a new product extending the Aconex platform to …
Tag: collaboration
Permanent link to this article: https://extranetevolution.com/2014/10/aconex-upgrades-bim-capabilities/
Oct 27 2014
Breaking news: Aconex cancels IPO
Just the day before it was due to publish its IPO prospectus, Melbourne-based SaaS construction collaboration technology vendor Aconex is reported to have cancelled the initial public offering planned for November. According to Bridget Carter in The Australian: “… Aconex has cancelled plans for its initial public offering, despite its book build being covered within its …
Permanent link to this article: https://extranetevolution.com/2014/10/breaking-news-aconex-cancels-ipo/
Oct 27 2014
Asite to launch in South Africa
London-based Software-as-a-Service construction collaboration technology vendor Asite is starting up an operation in South Africa. A news release says it is launching the new business on 6 November at a capital projects seminar organised by hosting partner Dimension Data at its Bryanston office north of Johannesburg. Ian Saunders, previously at EasyBuild but now MD of Asite …
Permanent link to this article: https://extranetevolution.com/2014/10/asite-to-launch-in-south-africa/
Oct 21 2014
Going APE
Australia is fertile territory for mobile construction technology businesses. APE Mobile is a Perth, WA-based start-up automating contractors’ paperwork requirements. It’s a familiar story. Experienced construction professional wants to use a mobile device; tests some examples and finds none of them do what he thinks is necessary; decides to develop his own mobile software instead. …
Permanent link to this article: https://extranetevolution.com/2014/10/going-ape/
Oct 21 2014
Aconex raises size of IPO
The Australian reports that Melbourne-based SaaS construction collaboration software company Aconex has boosted the size of its raising for its upcoming IPO on the back of strong investor demand. Aconex previously said its plans were to raise between Au$120m and $150m. But it will now raise between $232m and $264m. The company is expected to have a …
Permanent link to this article: https://extranetevolution.com/2014/10/aconex-raises-size-of-ipo/
Oct 16 2014
Basestone 2.0 launched
Basestone’s new iOS mobile application features (it says) the market’s “most intuitive interface”, but in a busy market, integration matters as much if not more than interface design. After meeting Blue Ronin/Basestone‘s team in January 2014 (and at other events since then), I have kept an eye open for developments from the London-based startup. In …
Permanent link to this article: https://extranetevolution.com/2014/10/basestone-2-0-launched/
Oct 14 2014
More on Newforma’s SmartUse acquisition
I met up with Newforma CEO Ian Howell in London on Friday (10 October) and asked about the recent SmartUse acquisition (see post). From his perspective, the deal was the next stage in Newforma’s “mobile-first strategy,” building on previous deals (2012) to add mobile and cloud-based capabilities to the Newforma portfolio, while satisfying the company’s VC …
Permanent link to this article: https://extranetevolution.com/2014/10/more-on-newformas-smartuse-acquisition/
Oct 13 2014
Aconex valued between $350m and $410m
News reports from Australia (The Australian, for example) say SaaS construction collaboration software business Aconex will float as a public company on the Australian Securities Exchange in late November (see previous post) with a market capitalisation of between Au$351 million and Au$406.5m (£190m-£220m). Joint lead managers Macquarie Capital and UBS priced the float at the …
Permanent link to this article: https://extranetevolution.com/2014/10/aconex-valued-between-350m-and-410m/
Oct 10 2014
4Projects reports record revenues
4Projects turnover in 2013 reached £6.351m. The SaaS vendor reported its seventh straight £1m-plus profit, and sees BIM as a key to sustained future growth. Newcastle, UK-based SaaS construction collaboration technology develop 4Projects, since February 2013 a subsidiary of US ERP vendor Viewpoint, has reported record turnover for the year ending 31 December 2013. It …
Permanent link to this article: https://extranetevolution.com/2014/10/4projects-reports-record-revenues/
Oct 09 2014
A BIM boom for SaaS collaboration vendors?
Will there be a BIM benefit for the SaaS collaboration vendors? Yes, but it will happen gradually both in the UK and internationally, and then grow bigger as more owners require ILM services. Within UK construction IT, building information modelling (BIM) is the hot topic. Even construction software businesses that previously thought it was irrelevant (I’ve …
Permanent link to this article: https://extranetevolution.com/2014/10/a-bim-boom-for-saas-collaboration-vendors/
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