A MAJOR increase in civil engineering firms using project collaboration software has helped BuildOnline become the first UK provider to make a profit.
BuildOnline claimed this week that the civil engineering sector was finally catching on to a technology that is already well established in the building industry.
'Two years ago there was a lot of hype around the dotcoms and people were hesitant about investing, ' said managing director Mark Oliver. 'Now the market has settled down and people are asking not 'Should I be using this?' but 'Who should I work with?'' Latest figures show that 10% of all new civils projects now use project collaboration, and this figure grows to 35% for projects with a value greater than £5M.
BuildOnline has announced a deal with the Metronet consortium of Amey, Jarvis, and Bechtel/Halcrow which is soon expected to sign a 15 year deal to privately upgrade London Underground's Bakerloo, Central and Victoria Lines and the sub surface lines. BuildOnline will provide document and communication management.