250 Montgomery Street 10th Floor

San Francisco, CA 94104

+1 650.538.3300

www.aconex.com

Sector:

Commercial and Residential



For construction companies looking for a large global partner delivering a collaboration platform, Aconex provides a good solution that shares data securely across an entire project team.
Constructech editors

Aconex understands the needs of the construction industry, addressing trends for BIM (building information modeling), collaboration, document management, mobility, and project management, among others.

In fact, the technology from Aconex is designed to manage information and processes between the various companies throughout the lifecycle of construction and engineering projects.

The company recognizes that a project isn’t centered on one company doing the job, but rather an entire team of partners that need to share project data—and the system has been designed to do just that, with an approach that respects privacy.

The company, which was founded in Australia in 2000, has served more than 50,000 user organizations in more than 70 countries around the world. Working on projects valued at more than $800 billion, the global company has 41 offices in 22 countries around the world.

One big piece of news for this company in the past year is its IPO (initial public offer) and listing on the Australian Securities Exchange with the Australian Securities and Investment Commission.

The listing has helped the company grow and gives it access to capital markets and greater flexibility to pursue new opportunities. Since the time of that announcement, Aconex has reported revenue of $38.1 million, up 19% year-over-year and above forecast.

In addition to growing the business, the technology company also has its strategy set on moving BIM and mobility forward for the construction industry. Case in point: the launch of dynamic manuals for mobile handover, which is an extension of Smart Manuals, and the launch of Connected BIM for projectwide model collaboration.

In addition to global growth, product expansion, and big client wins, Aconex also has a focus on delivering data in a way that is secure, and has joined the Cloud Security Alliance.

Aconex has the right pieces in place to deliver a collaboration platform in the construction industry for years to come.

Product Offerings:

  • BIM
  • Collaboration
  • Document Management
  • Mobile
  • Project Management

Pros:

  • Knows a project isn’t centered on one company, but rather an entire team of partners
  • Global growth following last year’s IPO
  • Strategy to move BIM and mobile forward for construction

Expectations:

  • Continue to ensure data is delivered in a way that is secure
  • Further uptake by largest GCs and owners
  • Look for areas to enhance data exchange in construction

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