Foundation Software Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS and CLOUD TOP 500 Market Report

Foundation Software Strengths, Domain Expertise, and Key Differentiators

Foundation Software distinguishes itself through its fully-integrated construction accounting system and a comprehensive suite of features tailored to meet the demands of contractors. With a history spanning over three decades, the company boasts domain expertise and a robust product portfolio. Notably, its strategic acquisitions have augmented its capabilities, allowing for the seamless integration of industry-specific technologies. Furthermore, Foundation Software's commitment to AI and ML features underscores its dedication to innovation and providing cutting-edge solutions to its clients.

Foundation Software Recent Developments

In October 2021, McCormick Systems unveiled Version 15.0 of their estimating software, introducing innovative features including change order management, an executive dashboard, and seamless integration with FOUNDATION accounting software. Foundation Software, boasting 34 years of industry expertise, reported a robust client base of 2500 across the United States with plans for global expansion. Additionally, Foundation Software made significant strides in December 2018, investing $9.5 million to bolster its presence in Strongsville, underscoring its commitment to sustained growth.

Foundation Software Mergers and Acquisitions (M&A) Activities

Foundation Software has actively pursued strategic acquisitions, positioning itself as a key player in the construction software landscape. Notable acquisitions include AboutTime Technologies in May 2023, Harness Software in June 2022, and Estimating Edge in January 2022. Each acquisition reinforces Foundation Software's dedication to enhancing its suite of offerings and catering to the evolving needs of the construction industry. Furthermore, Foundation Software's acquisition of McCormick Systems in May 2021 fortified its position in serving contractors nationwide, particularly in electrical, plumbing, and mechanical trades.

Foundation Software Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Foundation Software 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 Foundation Software 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 FOUNDATION Software, ProjectHQ, TakeoffHQ, CrewHQ, ExecutiveHQ, Payroll4Construction, WorkMax, McCormick Systems, Estimating Edge, Vector Takeoff customers.

Foundation Software Key Enterprise and Cloud Applications

FOUNDATION Software, ProjectHQ, TakeoffHQ, CrewHQ, ExecutiveHQ, Payroll4Construction, WorkMax, McCormick Systems, Estimating Edge, Vector Takeoff

Foundation Software Revenues, $M:

Foundation Software Revenue Breakdown By Type, $M:

Foundation Software Enterprise Applications Revenues By Functional Markets, $M:

Foundation Software Enterprise Applications Revenues By Verticals, $M:

Foundation Software Revenues By Region, $M

Foundation Software Direct vs Indirect sales

Foundation Software Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Foundation Software Customers

No. of Foundation Software Customers: 2500

No. of Foundation Software Enterprise Applications Customers: 2500

No. of Foundation Software Cloud Customers: x

No. of Foundation Software Cloud Subscribers: x

Foundation Software serves a diverse clientele spanning various construction trades, with 2500 clients across the United States. Its customer base reflects a broad spectrum of industries and regions, highlighting the company's widespread appeal and market penetration. Moreover, Foundation Software's reference customer wins underscore its ability to deliver value across different segments of the construction industry, reaffirming its status as a trusted partner for contractors nationwide.

Foundation Software Market Opportunities, M&A and Geo Expansions

The market presents ample opportunities for Foundation Software to capitalize on horizontal and vertical growth trajectories. Expansion into new regions, coupled with the integration of Cloud, IoT, AI, and ML technologies, can further solidify its position as a market leader. Embracing these innovations not only enhances operational efficiency but also unlocks new revenue streams and fosters sustainable growth. Additionally, Foundation Software can leverage its strategic partnerships to access new markets and diversify its offerings, thereby tapping into previously untapped segments of the industry.

Foundation Software Risks and Challenges

While Foundation Software stands poised for continued success, it faces both internal and external risks inherent to the construction industry. Changes in the management team could potentially disrupt the company's strategic direction, necessitating proactive measures to mitigate such risks. Furthermore, economic downturns and regulatory changes pose inherent challenges, impacting business operations and necessitating agile responses to navigate volatile market conditions.

Foundation Software Ecosystem, Partners, Resellers and SI

Foundation Software's ecosystem encompasses a robust network of technology integrations and partnerships, amplifying its value proposition and driving customer satisfaction. Collaborations with industry leaders such as Procore and Manzama showcase the company's commitment to seamless integration and providing a holistic solution to its clients. Moreover, partnerships with system integrators and value-added resellers enhance Foundation Software's market reach, facilitating broader adoption and driving sustained growth in the construction software landscape.

Foundation Software Cloud Infrastructure Insights

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• Foundation Software Public Cloud and Infrastructure (IaaS)
• Foundation Software Platform (PaaS)
• Foundation Software Application Delivery
• Foundation Software 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: