The latest interim results, covering the first six months of 2008, show that UK-based SaaS construction collaboration technology vendor Asite has continued the slow recovery it began last year (see Asite finally returns to growth). Gross revenues were up 29% to £1.067m (2007: £0.830m), and the company also inched closer to breaking-even with losses for …
Tag: construction collaboration technology
Permanent link to this article: https://extranetevolution.com/2008/09/asite-continues-ascent/
Sep 22 2008
Aconex gets private equity injection
The Australian business press (eg: Melbourne’s The Age, Australian IT, MIS Australia, Smart Company Briefing) has been busy reporting news that Australia-based SaaS-based construction collaboration technology vendor Aconex has secured a AU$107.5m (£48.8m) private equity investment (see also Aconex news release and listen to ZDnet Australia podcast). Not since the reckless days of the dot.com …
Permanent link to this article: https://extranetevolution.com/2008/09/aconex-gets-private-equity-injection/
Aug 29 2008
4Projects to open US and Canada bases
UK SaaS-based construction collaboration technology vendor 4Projects is looking to establish bases in the US and Canada, reports north-east England regional newspaper The Journal. A year after its private equity-backed MBO (see post), marketing director Duncan Mactear says “We have continued to increase revenue, turnover and most importantly for the region, we have increased the …
Permanent link to this article: https://extranetevolution.com/2008/08/4projects-to-open-us-and-canada-bases/
Aug 04 2008
BIW grows 24% in 2007
BIW Technologies [my employer] grew its turnover by 24 per cent in the year to 30 September 2007, achieving over £0.5m in profits in the process (see full news release here). The company’s turnover in 2007 grew to £5.76m, up from £4.66m the previous year. A modest 2006 loss of £171,000 was turned around in …
Permanent link to this article: https://extranetevolution.com/2008/08/biw-grows-24-in-2007/
Jul 16 2008
A SaaS CEO’s perspective
I noted last month (see Valuing SaaS businesses) that a couple of UK construction collaboration technology providers were speaking at the SIIA OnDemand Europe conference in Amsterdam, alongside representatives from Adaptive Planning and Huddle.net. If you’ve got the stamina, you can view a 38-minute video of one of the sessions here; here’s a few points …
Permanent link to this article: https://extranetevolution.com/2008/07/a-saas-ceos-perspective/
Jul 14 2008
4Projects turnover up a third
According to a Contract Journal article, 4Projects enjoys surge in demand for IT software, the UK-based construction collaboration technology provider 4Projects lifted its turnover by more than a third to £4.4m (up from £3.218m) in the 12 months to 31 March 2008, generating a pre-tax profit of £1.145m (up from £0.553m), representing a margin of …
Permanent link to this article: https://extranetevolution.com/2008/07/4projects-turnover-up-a-third/
Jun 18 2008
Union Square grows 34%
At one time, Union Square Software Ltd was perceived as a competitor in the UK construction collaboration technology (or “project extranet”) market. However, these days it markets itself as a vendor of a construction-oriented “knowledge management and internal collaboration tool”, Workspace. According to its latest trading statement, its revenues grew 34% in the year to …
Permanent link to this article: https://extranetevolution.com/2008/06/union-square-grows-34/
May 14 2008
Future of the NCCTP – update
Representatives of 4Projects, Aconex, BIW (me!), Business Collaborator, Causeway and Sarcophagus met today in the upstairs room of a pub (fittingly, perhaps, The Phoenix) in London’s Victoria to discuss the future of the NCCTP, the UK construction collaboration technology providers association. It was a lively session, due in no small part to the talents of facilitator …
Permanent link to this article: https://extranetevolution.com/2008/05/future-of-the-1/
May 12 2008
Future of the NCCTP
The future of the NCCTP, the UK construction collaboration technology providers association (now part of Constructing Excellence), is to be debated at a facilitated meeting of its steering group in London this week. The group was founded in late 2003 and set out to create some data exchange standards between the different vendors’ systems and to …
Permanent link to this article: https://extranetevolution.com/2008/05/future-of-the-n/
May 12 2008
Projectcentre.net
Earlier this year, I started looking in a little more detail at the Australian construction collaboration technology market. Aconex, being active in the UK, obviously feature regularly in my thoughts (I believe their shareholder dispute may finally yield a judgement in the next month or so); I have written about Incite (here and here); and I linked to …
Permanent link to this article: https://extranetevolution.com/2008/05/projectcentrene/
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