Jun 11 2021
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 …
Permanent link to this article: https://extranetevolution.com/2021/06/reflecting-procore-2021-ipo/
Aug 22 2018
North American expansion has seen Kahua win a major deal with Balfour Beatty’s US arm, securing business from a customer that used Constructware – originally developed by Kahua’s founders. In July 2015, I wrote about Alpharetta, Georgia, US-based Platform-as-a-Service business Kahua, co-founded in 2009 by former Constructware executives Scott Unger and Brian Moore. Established in 1994, …
Permanent link to this article: https://extranetevolution.com/2018/08/kahua-balfourbeatty-lendlease-deals/
Mar 17 2016
In the biggest deal yet seen in the construction SaaS market, the Melbourne, Australia-based collaboration technology provider Aconex has acquired Munich, Germany-based rival Conject for A$96m (c. €65m or £51m or US$73.3m). Aconex announced the agreement to acquire Conject Holding GmbH earlier today, along with its intention to launch a fully underwritten placement to raise approximately A$120m …
Permanent link to this article: https://extranetevolution.com/2016/03/aconex-acquires-conject/
Aug 28 2015
“A complete, connected solution for construction project teams” is being promised by Autodesk’s “Project Alexandria“. The exact nature of this solution is still under wraps, but you can sign up to get notifications once Autodesk starts spreading the word “soon”. We are told: Project Alexandria is being built to connect your construction project teams, with capabilities …
Permanent link to this article: https://extranetevolution.com/2015/08/exit-buzzsaw-enter-alexandria/
Jul 13 2015
Platform-as-a-Service allows developers to create apps that can be employed on a core system. In construction, Asite’s doing it in the UK; Kahua is attracting investors in the US. The global construction market is huge, sprawling and, in many countries, immensely fragmented. Thousands of businesses start up and die every month, and even in a …
Permanent link to this article: https://extranetevolution.com/2015/07/kahua-pushing-paas-in-construction/
Dec 05 2014
It’s Autodesk University time in Las Vegas this week, and Autodesk has taken the opportunity to unveil some new cloud-based collaboration services (read more on the Autodesk In The Fold blog). The collaboration back story Well-known, of course, for its design authoring tools, Autodesk started to complement these with its own SaaS construction collaboration solutions over a …
Permanent link to this article: https://extranetevolution.com/2014/12/autodesk-raises-its-bim-cloud-game/
Oct 02 2014
NoteVault is a California-based developer of mobile daily reporting technologies for the US construction industry, growing its market partly through a solution integration strategy. One of the first major acquisitions in the SaaS construction collaboration sector was Autodesk’s $46m purchase of Constructware in February 2006 (post). Competitors’ fears that the powerful workflow features of Constructware would …
Permanent link to this article: https://extranetevolution.com/2014/10/notevault-extends-daily-reporting-reach/
Apr 16 2012
McLaren, now incorporating CTSpace, is building a compelling offer to owner-operators and EPC contractors wanting SaaS or on-premise collaboration, and adding AEC-specific experience to the proposition. Last week I visited the City of London offices of Idox plc to meet Tim Taylor, chief marketing officer of subsidiary McLaren Software, and talk about the business’s merger with …
Permanent link to this article: https://extranetevolution.com/2012/04/meeting-mclaren-talking-saas-and-on-premise/
Aug 24 2011
I recently talked (via Skype) with Jon and Ron Antevy, respectively CEO and President of USA-based e-Builder (in Miami/Fort Lauderdale, Florida). The company recently marked its 16th birthday, making it one of the longest-established names in the world of online construction collaboration technology solutions. Focus on facility owners When I met Jon at a conference in Harvard …
Permanent link to this article: https://extranetevolution.com/2011/08/expanding-on-e-builder/
Jun 07 2011
I travelled to Hewlett Packard‘s UK HQ in Bracknell, Berkshire today for an update on its strategy concerning the architecture, engineering and construction sector. My previous interactions with the company included the 2010 launch of its ePrint & Share service supporting large format printers (see post) and I was hoping to hear about some significant …
Permanent link to this article: https://extranetevolution.com/2011/06/hp-eprint-and-share-as-you-were/
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