Tag: construction collaboration technology

Procore expands into the Middle East and North Africa

Tooey Courtemanche, Procore CEO

Procore is expanding into the Middle East and North Africa through a strategic partnership with its Abu Dhabi-based investor Mubadala. Some six weeks after the May 2021 initial public offering (IPO) of its shares on the New York Stock Exchange (post), US-based construction management Software-as-a-Service (SaaS) provider Procore has continued its international extension. It has …

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Permanent link to this article: https://extranetevolution.com/2021/07/procore-expands-middle-east-north-africa/

Reflecting on the Procore IPO

Procore platform pitch

US AEC SaaS player Procore raised over $600m in its May 2021 IPO, but its global ambitions face significant competition. In February 2020, US-based construction Software-as-a-Service (SaaS) provider Procore filed its intention to make an initial public offering of its shares on the New York Stock Exchange. But the onset of the global COVID-19 pandemic …

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Permanent link to this article: https://extranetevolution.com/2021/06/reflecting-procore-2021-ipo/

Checking in with Checkd

Tom-Erik von Krogh Martinsen, founder and CEO at Checkd.

Now a subsidiary of a VC-backed Swedish ERP business, Checkd enjoyed its best ever year in 2020, and is looking to continue its 50% year-on-year growth. Since first featuring in Extranet Evolution in January 2015 (Checkd mobile checked out), the Norwegian mobile-first and Software-as-a-Service (SaaS) construction application provider Checkd has, despite BIM advances, continued to …

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Permanent link to this article: https://extranetevolution.com/2021/06/checking-checkd/

thinkproject acquires UK-based Formworks

Formworks website

thinkproject completes its second major UK acquisition to grow its mobile construction field data capture capabilities. Munich, Germany-based construction collaboration SaaS technology provider thinkproject recently announced (6 April 2021) its acquisition (for an undisclosed amount) of the London-based software developer, Digital Field Solutions, creator of the mobile application Formworks. The deal comes nearly three years …

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Permanent link to this article: https://extranetevolution.com/2021/04/thinkproject-acquires-uk-based-formworks/

Atlas ICAS targets healthcare market

ICAS

London, UK-based startup Atlas is targeting the healthcare construction market with an integrated design and project delivery SaaS platform, ICAS, supporting design for manufacture and assembly (DfMA) approaches. Co-founded by David and Maha Harper, London-based Atlas has developed an “integrated construction and architecture platform” (ICAS) that they believe can dramatically break down silos and improve …

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Permanent link to this article: https://extranetevolution.com/2021/03/atlas-icas-targets-healthcare-market/

3D Repo develops Unreal Engine-based 3D platform

D rendering and data delivery platform that allows AEC users to share and view massive and complex 3D engineering models online

London-based 3D Repo has been backed by the Unreal Engine developer Epic Games to create a data delivery platform that allows users to share massive 3D engineering models online. Gaming and enterprise technologies are converging to create new ways to deliver and visualise data. UK-based 3D Repo, for example, recently announced that US-based video game …

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Permanent link to this article: https://extranetevolution.com/2021/03/3d-repo-develops-unreal-engine-based-3d-platform/

Dalux updates free BIM viewer

Dalux BIM Viewer+

The free BIM viewer offered by Danish SaaS construction technology developer Dalux has been upgraded to allow commenting to support collaboration. Dalux, the Copenhagen, Denmark-based mobile and Software-as-a-Service construction technology provider, has upgraded the free desktop building information model (BIM) viewer tool that it first launched in 2016. Dalux CEO Torben Dalgaard (right, who co-founded …

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Permanent link to this article: https://extranetevolution.com/2021/03/dalux-updates-free-bim-viewer/

Autodesk spends US$1 billion on Innovyze

Autodesk Innovyze portfolio

Autodesk completes its most expensive acquisition yet to buy US-based water industry software specialist, Innovyze. Eclipsing the US$875 million invested in Plangrid in 2018 (post), Autodesk has today announced a US$1 billion deal to acquire Portland, Oregon-based Innovyze, a global leader in water infrastructure software. Autodesk says the acquisition positions it as a technology leader …

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Permanent link to this article: https://extranetevolution.com/2021/02/autodesk-spends-us1-billion-innovyze/

3D Repo launches 3D Send

Apartment via 3D Send

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. …

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Permanent link to this article: https://extranetevolution.com/2021/02/3d-repo-launches-3d-send/

UK’s iSite acquired by 7FC

iSite Assetology

One-time Styles & Wood subsidiary, iSite (formerly StoreData) has been acquired by a London-based ERP vendor, 7FC, and relaunched. The commercial real estate platform iSite, based in Nottingham, has been acquired by 7FC, a London-based digital transformation agency specialising in ERP systems (working with partners Microsoft and Oracle, among others). The move expands 7FC’s portfolio …

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Permanent link to this article: https://extranetevolution.com/2021/02/uks-isite-acquired-by-7fc/

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