|  | BuildOnline secures contracts and profitability
BuildOnline, supplier of collaboration software, has been selected by the Metronet Consortium to support its £7.5 billion upgrade of the London Underground. BuildOnline's flagship product, ProjectsOnline, will be the online platform to centrally manage all documents and communications associated with Metronet's major capital works contracts. Metronet is responsible for the upgrade and maintenance of two-thirds of the London Underground as part of the Government's Public Private Partnership (PPP). Over the next 15 years, 70 stations and 660km of track will be upgraded and maintained by the Metronet consortium.
Several hundred thousand documents, including drawings, specifications, standards and protocols, will provide the information vital to this extensive assignment. Managing access to this documentation, currently dispersed across the London Underground systems, through a single platform is crucial to the efficient delivery of the upgrade works. Notably, in November 2002, following a contract win from Tishman Speyer Properties among others, BuildOnline became the first major collaboration provider in the UK to reach profitability.
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