Computer Modeling Group Strengths, Domain Expertise, and Key Differentiators
CMG's strengths lie in its four-decade focus on advanced hydrocarbon recovery simulation. The company's blue-chip customer base spans 61 countries, with a strategic emphasis on providing tailored solutions. Technological differentiators, such as Hybrid Parallel solver technology, showcase CMG's commitment to delivering cutting-edge software.
Computer Modeling Group Recent Developments
During 2023, total revenue grew by 47 percent year-over-year to USD$75 million, reflecting strong demand and the contribution of BHV following its acquisition.
Computer Modeling Group Mergers and Acquisitions (M&A) Activities
CMG’s acquisition of Bluware in September 2023 for US$22 million expanded its services and software revenue streams, adding specialized reservoir-data analytics to its suite. The November 2024 purchase of Sharp Reflections further broadened CMG’s surface and production simulation capabilities, supporting integrated asset evaluation workflows.
Computer Modeling Group Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Computer Modeling Group applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Computer Modeling Group and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified CMG CMOST, STARS, GEM, CoFlow, Builder, customers.
Computer Modeling Group Overview
3710 33 Street NW
Calgary, AB, T2L 2M1, Canada
1 403-531-1300
https://www.cmgl.ca/
Ownership: - TSE: CMG
Number of Employees: 320
Functional Markets: ERP Services and Operations, PLM,
Key Verticals: Oil Gas Chemicals, Utility,
Computer Modeling Group Key Enterprise and Cloud Applications
CMG CMOST, STARS, GEM, CoFlow, Builder,
Computer Modeling Group Revenues, $M:
| Type/Year | 2023 | 2024 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Computer Modeling Group Revenue Breakdown By Type, $M:
Computer Modeling Group Enterprise Applications Revenues By Functional Markets, $M:
Computer Modeling Group Enterprise Applications Revenues By Verticals, $M:
Computer Modeling Group Revenues By Region, $M
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 Enterprise Applications Revenues, $M | 2024 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Computer Modeling Group Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Computer Modeling Group Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Computer Modeling Group Customers
No. of Computer Modeling Group Customers: 5000
No. of Computer Modeling Group Enterprise Applications Customers: 5000
No. of Computer Modeling Group Cloud Customers: x
No. of Computer Modeling Group Cloud Subscribers: x
CMG’s subsurface and surface simulation solutions are trusted by approximately 5,000 enterprise clients globally. Its customer base spans national oil companies, independents, and service firms, including long-standing partnerships such as with India’s ONGC, which has deployed CMG tools since 1992 Computer Modelling Group Ltd. , and innovative energy-transition partners like Sval Energi AS on the Trudvang CO₂ storage project.
Computer Modeling Group Market Opportunities, M&A and Geo Expansions
Strategic investments included the February 2023 acquisition of AI-based data-analytics technology for shale-reservoir optimization, demonstrating CMG’s focus on embedding advanced analytics within traditional simulation tools
Computer Modeling Group Risks and Challenges
A key risk for CMG is customer concentration, as a significant portion of revenue is tied to a limited number of large accounts, making contract renewals and spend levels critical to financial stability.
Computer Modeling Group Ecosystem, Partners, Resellers and SI
CMG's global presence is fortified by strategic partnerships and support services across key locations. Collaborations with industry leaders like IHS Markit, Baker Hughes, and technological integrations ensure a robust ecosystem. The network effect of partners, including System Integrators and Value Added Resellers, contributes to CMG's market standing.
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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