It is becoming more and more important for construction companies to share data from the design and construction phases of a project with facility operators and managers after a build is complete. In fact, sharing data in general is an important trend in the construction marketplace, helping to streamline workflow throughout the entire lifecycle of a project.

One company taking steps to further this trend is Aconex,, San Bruno, Calif., which has announced its first acquisition: Grazer Pty. Ltd.,, Adelaide, Australia. Grazer provides asset-knowledge management for Australian organizations in sectors such as construction.

For instance, Grazer provides products and services that digitize operations and maintenance manuals, a commonly paper-based area of construction. Aconex and Grazer have partnered since 2011 to provide clients in Australia and New Zealand with a way to electronically manage the handover of these manuals.

The transaction marks a first for Aconex, which provides an online collaboration platform for the construction and engineering industries. According to Leigh Jasper, CEO, Aconex, the acquisition is part of the company’s strategy to “transform the way the industry manages project information.”

The Aconex SaaS (software-as-a-service) platform aims to promote collaboration among team members throughout a construction project by enabling the sharing of information, documents, and processes via a Web-based interface. With the Grazer acquisition, Aconex says it hopes to extend its information-management services from the design and delivery stages of a project to the ongoing operations phase.

Jasper says the acquisition will enable Aconex to accelerate plans to take services such as digitizing operations and maintenance manuals into new markets, like North America.

With the ability to improve asset-information management, building owners and operators have the benefit of data; just like design teams do during the design phase, and just like project teams do during a project-build phase.

Technology solutions that provide data that is up to date and accessible, no matter which phase of the lifecycle, can help streamline workflow and enable key personnel to make the most informed decisions possible.