Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Badenoch sets sights on battle with the Bank

      Breaking news scene featuring a diverse group of professionals discussing important developments in a modern office setting

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Advertising at World Cup: Levi’s genius, hydration breaks and dodging rules

      Breaking news event with diverse crowd gathered outside urban office building on sunny day, capturing vibrant city life.

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Procter & Gamble axes relationship with Kremlin propaganda channel

      007 PG news article image featuring a business meeting with executives discussing strategy at a modern conference table

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Thursday 11 August 2016 7:01 pm

Property Entrepreneurs: Meet the engineer behind Basestone whose innovative software idea is saving the construction industry time

By: Chris Bown

Add as a preferred source on Google

No one likes having their time wasted. And it was precisely that issue that led Alex Siljanovski to come up with the idea of Basestone, a collaborative tablet and web-based tool that is making building sites across the capital more efficient, from a single home extension to the new Crossrail stations.

Basestone puts all the information to do with a building project in one place on a cloud-based system. It means changes can be updated via tablet while on site, and shared instantly, preventing anyone from having out-of-date drawings. Site engineers reckon it typically saves them 10 hours a month, says Siljanovski.

“It came about from a lot of frustration,” says the former engineer at a major consultancy. “I saw a lot of problems on site and in the office.” Frequently, notes scribbled during a site visit would have to be rewritten, then typed into an email to share with others.

Basestone needed a launch client to prove the concept and the HS2 team obliged. They loved it, he says, but HS2 has subsequently been put on ice. “It gave us the confidence to approach Crossrail, though,” says Siljanovski.


Founder Alex Siljanovski

Fortunately, the team running Europe’s largest construction project, beneath London’s streets, are up for testing anything that can improve the delivery of Crossail, and the technology has been adopted on more than 20 per cent of its sites. As a result, several other major contractors have now started to use Basestone.

One important lesson for Siljanovski has been the split between customer and user. While the company paying for Basestone has to believe they will see savings, the users are engineers – and they won’t adopt anything unless it is quicker and easier than the system it replaces. “We’ve spent a lot of time on the user experience – they have to feel value from the system.”

Lots of building contractors and housebuilders are now signing up off the back of the Crossrail deal. Siljanovski says the system will even benefit a single house extension, saving time and preventing errors: “It’s essentially the same problem, albeit on a smaller scale.”


A construction worker using the tablet-based collaborative tool

The business currently employs ten people, but Basestone is on track to grow by 50 per cent this year. Outside the UK it is already being used by builders and engineers around the globe, with Mexico, Australia and Switzerland the most enthusiastic adopters. Siljanovski says his mission is to deliver a five per cent saving to the construction market, a substantial figure globally.

Looking further ahead, Siljanovski even has plans to enable the software to warn users about potential problems before they occur. “At the moment, we’re a tool that is very reactive, but we’re building a lot of data, and we’re looking at machine learning. There are a lot of interesting things going on in construction right now.”

Visit basestone.io

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Life&Style
  • Property

Trending Articles

  • Who could be Andy Burnham’s Chancellor? 

  • As it happened: Stocks recover after markets rocked by tech-sell off; US claims ‘good foundations’ of Iran deal

  • As it happened: FTSE 100 finishes higher as US-Iran talks progress and Starmer resigns; Space X shares fall after bond sale

  • Coca-Cola brings in restructuring lineup over failed Costa sale

  • Reeves’ new tax charge on cash ISAs faces fierce industry backlash

More from CityAM

  • Billionaire John Caudwell: Britain needs to stop criticising the wealthy and start celebrating success

    Property
    John Caudwell speaking at a business conference podium, surrounded by audience, emphasizing economic growth and innovation
  • Fuse boss attacks planning rules as a ‘self-imposed bottleneck for growth’

    Energy
    UK industrial electricity prices are the highest in the G7 and 46 per cent above the average of the International Energy Agency.
  • Building a community of thriving professionals

    Partner
    Halkin building exterior with modern architecture and glass facade reflecting the skyline on a sunny day
  • London luxury property at mercy of Labour chaos, not Iran war

    Property
    Capital gains tax is not currently charged on primary residences. (Credit Beauchamp Estates)
  • Real estate firms going bust at record rate as property market slumps

    Property
    Modern commercial property exterior with glass facade under clear blue sky, emphasizing architecture and urban development
  • Balfour Beatty emerges from US oversight scheme after fraud against military

    Transport & Infrastructure
    Balfour Beatty construction site showcasing cranes, workers, and building progress against a city skyline backdrop
  • ‘Safe’ version of Anthropic’s Mythos model hits market

    Tech
    Anthropics AI technology showcased at a tech conference, highlighting innovative advancements in artificial intelligence
  • IBM’s consulting chief warns AI will ‘implode’ unprepared rivals

    Consulting
    All eyes on IBM v Lzlabs as the tech giant kicks off legal battle

CityAM Canada — business, markets and opinion for Canadian readers.

Sections

  • Business
  • Markets
  • Tech
  • AI
  • Economics
  • Opinion
  • Cities

Company

  • About
  • Contact

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 CityAM Canada. All rights reserved.
Terms · Privacy · Cookies