Byggfakta is acquiring Glenigan, the UK-based provider of construction and property business intelligence and data analytics, in its second UK deal in late 2020. Norway-based Byggfakta Group has swiftly followed up on its first UK acquisition – of Newcastle-based construction technology and product data provider NBS in November 2020 (post) – by announcing on 15 …
Tag: Construction
Permanent link to this article: https://extranetevolution.com/2020/12/nbss-new-owner-byggfakta-buys-glenigan/
Dec 08 2020
RedSky set to launch Project Connect platform
RedSky launches project collaboration platform, Project Connect, claiming potential 30-60% total cost savings against competing solutions. UK-based RedSky is set to launch a cloud-based construction document and process management platform, Project Connect, targeting its core market of small to medium-sized contractor customers. RedSky backstory Formed in 1978 and based in Hemel Hempstead, Hertfordshire, RedSky (until …
Permanent link to this article: https://extranetevolution.com/2020/12/redsky-launch-project-connect-platform/
Nov 27 2020
NBS acquired by Byggfakta
UK-based construction technology and product data provider NBS has been acquired by the Byggfakta Group, in a deal that also secures RIBA’s long-term future. NBS, the Newcastle-upon-Tyne, UK-based construction technology provider has been acquired by the Byggfakta Group, a leading Scandinavia-based data and software provider to the European construction industry. The deal (value undisclosed) has …
Permanent link to this article: https://extranetevolution.com/2020/11/nbs-acquired-byggfakta/
Nov 19 2020
Corecon upgrades estimating module
California, US-based Corecon Technologies has upgraded its cloud-based construction estimating, project management and job cost software suite. The related fields of estimating and bid management have been hot topics among US construction SaaS technology providers in late 2020. For example, at its annual Groundbreak event earlier this month, California-based Procore announced the acquisition of Esticom, …
Permanent link to this article: https://extranetevolution.com/2020/11/corecon-upgrades-estimating-module/
Nov 19 2020
Autodesk Construction Cloud is reshaped
Autodesk is expanding its Autodesk Construction Cloud, adding new products in 2021: Autodesk Build, Autodesk Quantify and Autodesk BIM Collaborate. Its BuildingConnected bidding platform has also been launched in the UK and Ireland Clouds are constantly moving and changing shape, and Autodesk’s cloud offering is no different. At this week’s virtual Autodesk University, Autodesk has …
Permanent link to this article: https://extranetevolution.com/2020/11/autodesk-construction-cloud-is-reshaped/
Nov 18 2020
Bentley and Autodesk push ‘Digital Twin’ initiatives
Bentley Systems has established a US$100M business to invest in digital twin technologies, while Autodesk has launched a new product, Tandem, supporting digital twins. Bentley iTwin Ventures For some years a champion of ‘digital twin’ thinking (see EE August 2019 post: Bentley pushes ‘Digital Twin’ into AEC mainstream), Bentley Systems has committed US$100M of venture …
Permanent link to this article: https://extranetevolution.com/2020/11/bentley-autodesk-digital-twin/
Nov 16 2020
EQT takes majority stake in thinkproject
European investment group EQT has taken a majority stake in Munich, Germany-based architecture, engineering and construction Software-as-a-Service provider thinkproject. The Stockholm, Sweden-based international investment group EQT has taken a majority stake in Munich, Germany-based architecture, engineering and construction Software-as-a-Service provider thinkproject (no financial details given). EQT investment Founded in 1994 and strongly associated with Sweden’s …
Permanent link to this article: https://extranetevolution.com/2020/11/eqt-majority-stake-thinkproject/
Nov 04 2020
Procore acquires estimating vendor Esticom, expands platform
Procore’s Groundbreak included news of a new acquisition – US estimating software provider Esticom – and a slew of product announcements, but no mention of the IPO, seemingly delayed due to the continuing impacts of the pandemic. The week after Bentley Systems’ Year in Infrastructure 2020 (see previous post) was Procore‘s annual Groundbreak event, also …
Permanent link to this article: https://extranetevolution.com/2020/11/procore-acquires-estimating-esticom/
Nov 03 2020
Bentley growing its construction collaboration toolset
Bentley Systems’ collaboration portfolio continues to grow, with NoteVault integrated into the SYNCHRO Field mobile app, new ProjectWise Insights, much “iTwin-enabling”, an entirely new SYNCHRO Cost application coming soon, and GroupBC being positioned as a capital project management platform for owners. Bentley Systems‘ Year In Infrastructure provides an annual opportunity to hear about updates to …
Permanent link to this article: https://extranetevolution.com/2020/11/bentley-growing-its-construction-collaboration-toolset/
Oct 26 2020
Lessons from the NBS summit – BIM: the client is key
The NBS Construction Leaders Summit suggested that new impetus is needed to drive digital adoption forward, with clients identified as key agents to push industry change. Recently (14 October 2020), I supported the second day of the NBS Construction Leadership Summit (post).* This online event was organised by the Newcastle, UK-based provider of specification information …
Permanent link to this article: https://extranetevolution.com/2020/10/bim-client-key-culture-technology/