Think Project! CEO Thomas Bachmaier is optimistic about his business’s prospects in the increasingly competitive European SaaS construction collaboration technology market. The Munich, Germany-based company is now facing stronger competition in its core markets following the acquisition of key competitor Conject by the international market leader Aconex in March 2016, but has been busy expanding …
Tag: construction collaboration technology
Permanent link to this article: https://extranetevolution.com/2016/10/think-project-strengthens-european-base/
Oct 14 2016
Saas budget management with Budget4cast
Launched in the US at the recent Construction Management Association of America (CMAA) conference in San Diego, California, is a new cloud-based project budget management application, Budget4cast. Denver, Colorado-based CEO Bryan Carruthers (a career project manager turned AEC software entrepreneur) believes it’s something of a unique product, which he says generated a lot of interest and …
Permanent link to this article: https://extranetevolution.com/2016/10/saas-budget-management-with-budget4cast/
Oct 12 2016
Createmaster targets project handover
London-based Createmaster describe themselves as “experts in process led, construction information handover management”. The business provides a combination of hands-on document management services and software-based services; its digital handover documentation services are managed using an online application called DocumentPark, and include: Operation & Maintenance Manuals (O&Ms) Health & Safety Files Asset Registers & Planned Preventative Maintenance Schedules BIM …
Permanent link to this article: https://extranetevolution.com/2016/10/createmaster-targets-project-handover/
Oct 12 2016
Aconex connects to Dropbox
At the end of August 2016, Dropbox and Australia-based SaaS construction collaboration vendor Aconex announced (Dropbox news release; Aconex news release) a global partnership to provide integrated cloud-based collaboration solutions to the construction and engineering industry. As part of this agreement, Aconex and Dropbox will deliver better data integration between the two platforms, allowing users to save …
Permanent link to this article: https://extranetevolution.com/2016/10/aconex-connects-to-dropbox/
Oct 04 2016
think project! acquires Conetics
Rationalisation of the European construction collaboration market has taken another step forward. Munich, Germany-based vendor think project! has announced that it has acquired 100% of the shares of another (smaller) German vendor, Cologne-based Conetics AG. According to the think project! news release, Conetics AG was established in 2000 in North Rhine-Westphalia, Germany, as a spin-off of …
Permanent link to this article: https://extranetevolution.com/2016/10/think-project-acquires-conetics/
Sep 27 2016
Finalcad raises €20m Series B funding
Showing once again that there is a lot of investor interest in mobile-oriented construction collaboration platforms, Paris-based Finalcad has announced that is has secured €20m (US$22.4m or £17.25m) Series B funding to help finance its international development ambitions. FinalCad was established in France in 2011 and started to grew domestically following adoption by several major clients, …
Permanent link to this article: https://extranetevolution.com/2016/09/finalcad-raises-e20m-series-b-funding/
Sep 27 2016
think project! targets Spain in JV with ProjectCenter
Munich, Germany-based SaaS construction collaboration technology vendor think project! has established a joint venture with Madrid-based ProjectCenter to target customers in Spain, Portugal and Latin America. According to a think project! news release, it will hold a majority stake in think project! Iberia. ProjectCenter back story As previously described (March 2013 post), ProjectCenter started life in …
Permanent link to this article: https://extranetevolution.com/2016/09/think-project-targets-spain-in-jv-with-projectcenter/
Sep 26 2016
BuildBinder CIMS
Watching the US Software-as-a-Service construction collaboration space, I recently discovered another startup – San Francisco, California-based BuildBinder – targeting the construction project management sector. (Despite the similarity of names, I don’t think it has any connection to another Californian business, close-out documentation specialist Combinder, which I covered in April 2016; I have also written a few …
Permanent link to this article: https://extranetevolution.com/2016/09/buildbinder-cims/
Sep 16 2016
Geniebelt raises €2m funding
TechCrunch reports that Copenhagen, Denmark-based construction Software-as-a-Service vendor GenieBelt has secured €2 million in new investment to ramp up marketing for its platform. TechCrunch says the round was led by Danish Solar A/S, a publicly listed European sourcing and services company operating within the electrical, heating and plumbing, and ventilation technology sectors. GenieBelt chairman Klaus Nyengaard, formerly CEO of …
Permanent link to this article: https://extranetevolution.com/2016/09/geniebelt-raises-e2m-funding/
Sep 12 2016
Conject deal boosts Aconex revenue growth
Last month (23 August), Australia-based Software-as-a-Service construction collaboration software vendor Aconex announced its financial results for the year to 30 June 2016, revealing underlying organic revenue growth of 31%, with the acquisition of Conject (completed on 31 March 2016) boosting total revenue growth to 50%. Total Aconex revenue was Au$123.4 million (c. US$93.3m, £70.1m, €82.8m), compared with …
Permanent link to this article: https://extranetevolution.com/2016/09/conject-deal-boosts-aconex-revenue-growth/












