That is truly astounding when you think that the Aconex/Bechtel enterprise agreement is for all Bechtel business units, globally, with all new projects being phased in as they come on line, and the Aconex platform gradually replacing Bechtel's own internal system.
Just the Sydney Metro project alone, awarded to Bechtel on 4th May, has an overall value of A$12bn
SAN FRANCISCO, California, June 25, 2015 – Aconex Limited (ASX: ACX), provider of a leading cloud collaboration platform for the global construction industry, today announced that it has signed an enterprise agreement with Bechtel, one of the world’s largest engineering, procurement and construction (EPC) firms.
The three-year agreement will standardize the use of Aconex across all Bechtel business units globally in a phased implementation.
Under the agreement, new Bechtel projects will be implemented on the Aconex platform as part of a multi-year plan to replace Bechtel’s internal document and record management system with project-wide collaboration.
The terms of the agreement are user-based, providing flexibility for Bechtel to add an unlimited number of platform users to its projects over time.
------------------------------------------------------------------------------------------------------------- This post is based on my own research and is not investment advice. When making investment decisions, always DYOR.
