Nov 21 2014
Aconex’s IPO prospectus delivers a wealth of information, but there are some omissions too. I have been browsing through the IPO Prospectus (sent to me – thanks! – by an Australian contact) published on 17 November to support SaaS construction collaboration vendor Aconex‘s on-off-on-again flotation. The exit of private equity partner Francisco Partners is significant, I think, but …
Permanent link to this article: https://extranetevolution.com/2014/11/aconexs-ipo-prospectus-reviewed/
Nov 07 2014
On Thursday (13 November), I will be dropping in on Mobile Computing Systems 7th PriorityOne user conference, being held this year at the Building Centre in central London. Other work prevents me attending the whole event, which will include an update on the company’s performance, its plans for the future, along with product feature demonstrations …
Permanent link to this article: https://extranetevolution.com/2014/11/bullish-business-update-from-mcs/
Oct 09 2014
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/
Sep 26 2014
The financial fortunes of the smaller players in the UK SaaS construction collaboration technology market are often a good indication of the overall health of the sector. Having seen major vendor Conject UK report 2013 turnover up 16% earlier this month, Styles & Wood’s specialist information management subsidiary iSite has also reported revenues growing. In …
Permanent link to this article: https://extranetevolution.com/2014/09/isite-grows-revenues-33/
Sep 01 2014
Woking, Surrey-based SaaS construction collaboration vendor Conject UK, a subsidiary of the Munich-based Conject Group, enjoyed a better 2013, reporting turnover up 16% on the previous year, to £5.028m, finally ending the downward drift that began during the global financial crisis in 2009. The revenue performance is in line with the expectations set in October last year, when …
Permanent link to this article: https://extranetevolution.com/2014/09/conject-uk-reports-16-growth/
Jul 30 2014
Some 21 months after acquiring Australia’s ProjectCentre (post), Stuttgart, Germany-based RIB Software AG has announced it has acquired another Software-as-a-Service business: Denmark-based SaaS construction collaboration technology provider Docia (aka Byggeweb) – a company I first profiled in May 2011. I understand the deal value (including earn-out) is almost €20m, and the acquisition will potentially expand RIB’s reach across Scandinavia …
Permanent link to this article: https://extranetevolution.com/2014/07/rib-software-acquires-docia/
Jul 16 2014
Late last month I learned that Dublin, Ireland-based Android mobile construction application developer SmartBuilder was closing down. A brief message to me from founder and CEO Peter Daly explained “Despite the promise of the new app we have been unable to source additional funding.” It appears that the company’s May 2014 effort to rename and reposition itself …
Permanent link to this article: https://extranetevolution.com/2014/07/smartbuilder-and-woobius-close-down/
Jul 10 2014
Ex-COINS, BIW and Conject executive, Colin Smiths takes the helm as Textura looks to conquer the construction payment management market in Europe. Colin Smith, founder of BIW Technologies in 2000, CEO of that business through to its sale to Munich-based Conject in 2010, and then CEO of the Conject Group until December 2013, has a …
Permanent link to this article: https://extranetevolution.com/2014/07/colin-smith-leads-textura-european-push/
Jul 03 2014
Streamlining complex construction procurement in Australia could be platform for growth into other markets, EstimateOne’s founders believe. I have been writing about web-based tendering solutions for the construction industry for around 10 years, watching what has been a slow and still somewhat gradual expansion. By 2005, my then employer, BIW Technologies (now Conject) had launched an e-tendering solution that …
Permanent link to this article: https://extranetevolution.com/2014/07/estimateone-to-expand-beyond-australasian-e-tendering/
Jun 27 2014
In December 2013, I reported that Viewpoint’s UK subsidiary 4Projects had been accepted as a supplier for the UK government’s G-Cloud programme. Today I learned (news release) that London, UK-based Asite has also joined the G-Cloud gang. Asite CEO Tony Ryan said: “Our appointment to the G-Cloud framework builds on our long-standing relationships providing project …
Permanent link to this article: https://extranetevolution.com/2014/06/asite-joins-other-aec-saas-players-in-g-cloud/
nima’s That Information Management podcast
