Tag: recession

UK exclusive: 4Projects acquired by US ERP vendor ViewPoint

Richard Vertigan

Sunderland, UK-based Software-as-a-Service construction collaboration technology vendor  4Projects has been acquired (for an undisclosed amount) by Portland, Oregon-based financial systems vendor Viewpoint Construction Software. Almost exactly a year after I talked to Viewpoint executives about their aspirations for the US enterprise resource planning software company (see ERP vendor Viewpoint viewing collaboration space), the 4Projects acquisition was announced to …

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Permanent link to this article: https://extranetevolution.com/2013/02/uk-exclusive-4projects-acquired-by-us-erp-vendor-viewpoint/

4Projects growing again…

UK vendors profit/loss

The latest SaaS collaboration vendor to report on its financial performance is Sunderland, UK-based provider 4Projects, whose latest (abbreviated) annual return to Companies House covers the year to 31 March 2012. CFO Chris Baty was happy to provide me with some more detailed background to the business’s 2012 performance. “Double digit growth” Revenues were up …

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Permanent link to this article: https://extranetevolution.com/2013/01/4projects-growing-again/

BIM, SaaS and mobile driving Newforma developments

Newforma-to-Newforma (photo courtesy of Tuomas Holma at Cadfaster)

Once scathing of the attractions of Software-as-a-Service, Newforma is now actively embracing the cloud, SaaS, BIM and mobile, and eyeing potential social media ideas for future product development. Last week I learned more about Newforma, developer of the enterprise-based Newforma Project Center application and now a recent entrant to the Software-as-a-Service collaboration space with its …

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Permanent link to this article: https://extranetevolution.com/2012/10/bim-saas-and-mobile-driving-newforma-developments/

New Aconex CFO

Steve Recht, CFO, Aconex

Melbourne, Australia-based SaaS construction collaboration technology provider Aconex has announced the appointment of a new chief financial officer, Steve Recht. The news release says Recht has 30 years’ operating and finance experience as a CEO, COO and CFO for venture-backed private and public companies. Aconex CEO Leigh Jasper comments: “Aconex is approaching the end of …

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Permanent link to this article: https://extranetevolution.com/2012/05/new-aconex-cfo/

Aconex revenues flat and losses deepen

Aconex reports flat revenues and a pre-tax loss for year to June 2011, but recent performance has been strong and longer-term prospects are promising. The latest annual report and accounts from Melbourne, Australia-based Software-as-a-Service construction collaboration technology vendor Aconex show the business grew its revenues by 0.7% in the year to 30 June 2011, to …

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Permanent link to this article: https://extranetevolution.com/2012/01/aconex-revenues-flat-and-losses-deepen/

4Projects has a flat year

In “tough” trading conditions, 4Projects’ revenues slipped slightly in the year to 31 March 2011, while profits – though positive – fell 35% as the company looked to invest for future growth. The latest financial statements from Sunderland, UK-based construction collaboration technology vendor 4Projects will be submitted to Companies House shortly. However, I got an …

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Permanent link to this article: https://extranetevolution.com/2011/12/4projects-has-a-flat-year/

BIW still hampered by tough market conditions

In its final year as an independent business, Woking, UK-based construction collaboration technology provider BIW Technologies continued to be affected by the effects of the global financial crisis on the wider construction industry. Its latest annual report and accounts, for the 15 months to 31 December 2010, show a turnover of £6.59m (up from £5.934m …

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Permanent link to this article: https://extranetevolution.com/2011/12/biw-still-hampered-by-tough-market-conditions/

The Docia interview

Denmark-based collaboration vendor Docia is growing and has appointed a UK-based partner, MPS, to market its AEC solutions in the UK. From time to time, I talk to established construction collaboration technology businesses about which I know relatively little and it has been useful to conduct online interviews to learn more (see my conject and …

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Permanent link to this article: https://extranetevolution.com/2011/05/the-docia-interview/

Asite – steady

Asite’s latest trading announcement talks growth but the recession is hitting SaaS vendors’ project-based collaboration revenues. Amid the flurry of discussion about BIW’s acquisition by Conject (post) and the NEC3 announcement regarding 4Projects and BIW (post), I almost overlooked a news release from rival UK SaaS construction collaboration vendor Asite concerning its trading performance for …

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Permanent link to this article: https://extranetevolution.com/2010/12/asite-steady/

Business steady at Sword CTSpace?

Monitoring the construction collaboration technology businesses formerly known as Buildonline and Citadon since the combined CTSpace operation was acquired by France-based Sword Group SA in late 2007 (post) is not easy, particularly when companies get merged with other, unrelated operations. From a close reading of various annual reports and some company feedback, I believe the …

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Permanent link to this article: https://extranetevolution.com/2010/11/business-steady-at-sword-ctspace/

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