Contruent (formerly ARES PRISM) Strengths, Domain Expertise, and Key Differentiators
Drawing from a 25-year history, Contruent is capital project management software designed for swift implementation across the entirety of the project lifecycle, specifically addressing the needs of complex mega-construction projects. Contruent represents the integration of the company's award-winning project controls software, infused with industry best practices, and augmented by the innovation and world-class capabilities inherent in capital project management software.
The organization strategically engages with hosting solution providers to provide clients with a choice between on-premise and cloud-based deployment options for their project control software.
Contruent (formerly ARES PRISM) Recent Developments
Founded in 1994 under the name ARES PRISM, the company underwent a strategic rebranding in 2023 concurrent with the launch of Contruent Enterprise, a software-as-a-service solution that empowers owners and EPCs (Engineering, Procurement, Construction) to complete projects faster and more precisely. The new Contruent Enterprise software comes as the former ARES PRISM rebrands itself to Contruent built upon its legacy of 25 years of leadership in helping mega construction companies stay on track and budget by introducing much-needed innovation in the construction sector. This strategic evolution underscores the company's commitment to advancing technological innovation in the realm of project management. The rebranding signifies the company's vision to empower owners and EPCs in constructing large projects with precision and speed.
Contruent (formerly ARES PRISM) Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Contruent (formerly ARES PRISM) 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 Contruent (formerly ARES PRISM) 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 Contruent Enterprise customers.
Contruent (formerly ARES PRISM) Overview
55 Shuman Blvd Suite 200
Naperville, IL, 60563, United States
1 630-318-0444
https://www.contruent.com/
Ownership: - x
Number of Employees: 255
Functional Markets: Analytics and BI, Collaboration, PPM, Procurement,
Key Verticals: Aerospace and Defense, Construction, Real Estate, Federal Government, State and Local Government, Public Safety, Oil and Gas, Chemicals, Transportation, Utilities,
Contruent (formerly ARES PRISM) Key Enterprise and Cloud Applications
Contruent Enterprise
Contruent (formerly ARES PRISM) Revenues, $M:
| Type/Year | 2022 | 2023 | 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.
Contruent (formerly ARES PRISM) Revenue Breakdown By Type, $M:
Contruent (formerly ARES PRISM) Enterprise Applications Revenues By Functional Markets, $M:
Contruent (formerly ARES PRISM) Enterprise Applications Revenues By Verticals, $M:
Contruent (formerly ARES PRISM) Revenues By Region, $M
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Contruent (formerly ARES PRISM) Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Contruent (formerly ARES PRISM) Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Contruent (formerly ARES PRISM) Customers
No. of Contruent (formerly ARES PRISM) Customers: x
No. of Contruent (formerly ARES PRISM) Enterprise Applications Customers: x
No. of Contruent (formerly ARES PRISM) Cloud Customers: x
No. of Contruent (formerly ARES PRISM) Cloud Subscribers: x
Contruent Enterprise is widely adopted by organizations and projects globally, with a diverse client roster including AECOM, Barrick, Gulf Companies, ARTC, Transport for London, Laing O’Rourke, Savage, Eskom, Covestro, Seneca, Genentech, and Big West Oil.
CWA Engineers chose Contruent for full project lifecycle management, enabling scalability and adherence to industry best practices for larger projects.
Contruent (formerly ARES PRISM) Market Opportunities, M&A and Geo Expansions
In November 2023, Contruent appointed Andy Verone as Chief Strategy Officer. The addition of Verone completes an exceptional lineup of new, accomplished leadership hires at the company. Over the past year and a half, Contruent has strategically recruited top-tier executives from Google, Oracle, and Autodesk to bolster its team, including Meghan Russell as Chief Marketing Officer, Rich Humphrey as Chief Product Officer, and Kurt Kauper as Chief Revenue Officer. Under their leadership, the company achieved a record performance in 2022, with sales growing 55 percent year over year.
Contruent (formerly ARES PRISM) Risks and Challenges
The expansion of the product portfolio into new markets represents a multifaceted endeavor that requires meticulous planning, adaptability, and a strategic approach to ensure seamless integration into diverse business landscapes.
Contruent (formerly ARES PRISM) Ecosystem, Partners, Resellers and SI
The organization maintains headquarters in the United States, United Kingdom, Australia, Canada, and South Africa, with operations extending to 26 countries.
In September 2022, the company has officially opened its new global headquarters in Naperville, Illinois. This deliberate move to Illinois stems from a strategic collaboration between the recently appointed Chief Executive Officer, Mr. Ryan Kubacki, a resident of Naperville, and the growth equity firm M33 Growth. The partnership culminated in the joint acquisition of ARES PRISM in 2021. This relocation is a testament to the company's commitment to strategic growth and underscores the influence of key leadership decisions on corporate development. It also positions the company for potentially increased visibility and engagement with industry analysts.
In March 2021, LogiKal and Contruent formed a strategic partnership. By combining LogiKal's expertise with Contruent's program management system, clients experienced improved project governance and management capabilities. This collaboration facilitated project transformations, enhancing performance, and achieving predictability across time, cost, and quality objectives.
Contruent (formerly ARES PRISM) Cloud Infrastructure Insights
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- Contruent (formerly ARES PRISM) Public Cloud and Infrastructure (IaaS)
- Contruent (formerly ARES PRISM) Platform (PaaS)
- Contruent (formerly ARES PRISM) Application Delivery
- Contruent (formerly ARES PRISM) Private Cloud and Data Centers
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).
For additional information on our methodologies, here's the link:
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