Product category:
Infrastructure and CAD Software
News Release from: BIW Technologies
Edited by the Buildingtalk Editorial
Team on 03 November 2006
BIW turnover up, user base growing at
record rate
Turnover at BIW Technologies, the UK's leading provider of web-based construction collaboration software, has grown for the sixth year running.
Turnover at BIW Technologies, the UK's leading provider of web-based construction collaboration software, has grown for the sixth year running, while usage of BIW Information Channel is growing at over 30 per cent, claims BIW chief executive Colin Smith "In our sixth consecutive year of growth, turnover increased to GBP4.6 million in the year to 30 September 2006, up from GBP4m in 2005," says Smith
This article was originally published on Buildingtalk on 23 Jan 2004 at 8.00am (UK)
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"While at least one of our competitors has seen turnover drop, we have continued to win large numbers of new projects and major corporate deals - we now have an order book worth about GBP8.2 million in future revenues".
"With such figures, I believe BIW remains the UK market leader in construction collaboration by some distance." To date in 2006, BIW has signed major deals with developer Dandara and contractor Fitzpatrick, among others.
The year has also seen several landmarks in the use of BIW Information Channel, confirming the upward trend:.
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* In June, the total number of published documents (typically Word documents, Excel spreadsheets, etc) passed the one million mark.
* In August, the total number of original CAD files published to the BIW system since 1999 passed the two million mark.
If piled on top of each other, along with an average eight copies per original, the pile of drawings would be over 2,000m high.
* Also during August, the BIW system logged its ten millionth user session since 1999.
By the end of September, the system had already recorded two million logins for 2006 - beating BIW's previous record annual total with three months to spare - and had already registered more documents, more drawings, more new users and more new organisations than it did in the whole of 2005.
In the 12 months ending 30 September 2006, BIW recorded:.
* 2.57 million logins (up 29 per cent on the 2005 performance).
* 17,279 new users (up 51 per cent), and.
* 1,712 new user organisations (up 61 per cent).
During the same period, users published 571,000 CAD drawings (a 30 per cent increase on the preceding year), and 351,000 Word files, Excel spreadsheets, photographs and other documents (an increase of 51 per cent; this figure excludes items generated within the BIW system such as change orders, requests for information (RFIs), instructions, comments, etc).
At 30 September, the total registered user community stood at 66,104 individual users, from 6,829 different organisations.
"On current projections, we expect our total user community will have grown by over 30 per cent during 2006," says Smith.
"We also expect to maintain strong growth in 2007 as users of our new applications come on stream, and as we expand into new markets".
To date BIW Information Channel had been deployed on over 4,900 projects or programmes of work, with an estimated total capital value of around GBP25 billion (adding individual schemes within multi-project programmes would increase the total by around 2,500 projects to at least 7,400 schemes).
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