Steady as she goes is also fine. This is a global co that is...

Steady as she goes is also fine. This is a global co that is establishing itself in a  massive industry that is playing catch up with the technology curve. It seems some people just don't enjoy Aussie companies becoming successful globally. Strange!

I was just scrolling through Aconex's impressive list of customers, and considering a couple of negative sentiments expressed on this thread recently, by people who have seemingly already bailed. Their comments really are anomalous to the general customer sentiment.

Here's a comment from Spencer Wylie, Project Manager, Davis Langdon & Seah International on the implementation of Aconex on the $US1.2bn Reef Island project in Bahrain:  "Aconex repays itself almost immediately". So, being expensive is a very relative thing. It depends on what the cost would be without the solution.

https://www.aconex.com/projects/reef-island

Here's another one from enterprise partner, ADP Ingenierie's Daniel Penna, Project Information Manager, speaking about the US$2.1bn Tripoli International Airport project:

"Aconex is a great system that rapidly becomes the information backbone of any project".

https://www.aconex.com/projects/tripoli-international-airport

There are so many comments like this around by large contractors. Incidentally, I did have a conversation with an Aconex sales rep who called me about two weeks ago and during the conversation pointed out that about 80% of the cranes  (and there are quite a few) that are currently on the city skyline were working on Aconex supported projects. Encouraging.

These very large infrastructure projects that have been won in Australia lately by enterprise partners Lendlease, CIMIC and John Holland will also be great drivers of revenue and TAM penetration. More to come.


$2.81bn John Holland / CIMIC/ Ghella Sydney Harbour Tunnel

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This post is based on my own research and is not investment advice. When making investment decisions, always DYOR.