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

Newforma Strengths, Domain Expertise, and Key Differentiators

Newforma is a global provider of Information Management and collaboration software tailored for the Architecture, Engineering, Construction, and Owner/Operator (AECO) industry. The company's commitment lies in empowering AECO firms through the delivery of advanced technology solutions that significantly improve project outcomes throughout the entirety of the construction project lifecycle – from initial design phases to project completion and beyond. Irrespective of whether AECO firms employ 2D, Building Information Modeling (BIM), or 3D project management workflows, their solutions are meticulously crafted to elevate project efficiency, organization, and collaboration.

In 2004, Newforma led the way in establishing the PIM software category, committing to enhancing project delivery consistently. Renowned for their top-notch software and customer support, over 96 percent of their clients choose to renew their annual subscriptions. Newforma's software has successfully overseen 3 million projects, handled 1 billion emails, managed 44 million transmittals, facilitated 24 million file transfers, processed 6 million submittals, and handled a staggering 7 billion files.

Newforma Recent Developments

In October 2023, Newforma introduced its refreshed branding and extensively explored the advantages of the newly launched Newforma Konekt platform during the Newforma World user conference in Chandler, Arizona. The innovative Newforma Konekt platform integrates information management, project management, and streamlined BIM coordination for those incorporating BIM into their processes. This platform seamlessly blends intricate design collaboration and issue management, crucial during design and construction phases, with overarching processes such as document handling, RFIs, submittals, email coordination, and other tasks essential to project completion.

In February 2023, Newforma released the Newforma Microsoft Outlook Add-in, enabling users to efficiently and promptly oversee emails, Requests for Information (RFIs), submittals, and action items across various devices. The enhanced Newforma Project Center email add-in for Outlook empowers project teams to seamlessly generate, organize, and handle emails. Additionally, users can conveniently respond to RFIs, manage submittals, and address other action items directly from Outlook, whether on their desktops, mobile devices, or through the Newforma Project Center Outlook Add-in desktop client, website, or mobile app.

In July 2022, Newforma introduced the most recent update to Newforma Project Center®, focusing on fortifying security measures. Notably, this release incorporates Multi-Factor Authentication (MFA) features for both Newforma Info Exchange and Microsoft SharePoint Online. Additionally, the update introduces a new connector designed for Autodesk® Construction Cloud® and includes enhancements for the Microsoft SharePoint Connector. To address cybersecurity concerns, Newforma has strategically implemented Multi-Factor Authentication across key applications integral to the sharing of project information, namely Project Center Info Exchange and the Microsoft SharePoint Online Connector. Users initiating access to SharePoint Online through Project Center will encounter a prompt for authentication, contributing to an enhanced security posture.

In July 2020, Newforma announced the general availability of Newforma Project Center v12.4. This release features the much-anticipated integration with Autodesk BIM 360, along with the latest updates for integrations with Autodesk Revit 2021, AutoCAD 2021, Navisworks 2021, and additional enhancements.

In March 2020, Newforma introduced Newforma Project Center v12.3, featuring a redesigned user interface and enhanced integrations with O365 and Procore. These additions, complementing existing connectors such as Bluebeam, Autodesk, and Newforma Cloud, establish Newforma as the sole provider in the AECO industry to seamlessly connect project information from a diverse range of software applications employed by project teams. Project Center v12.3 brings advanced functionality, offering increased visibility into project performance and streamlined workflows for improved efficiency.

Newforma Mergers and Acquisitions (M&A) Activities

In February 2021, Newforma agreed to acquire BIM One, encompassing BIM One Consulting and its BIM Track SaaS coordination, collaboration, workflows, and analytics product. BIM One will maintain independent operations.

Newforma Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Newforma 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 Newforma 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 Newforma Konekt, Newforma Project Center, Newforma Constructex customers.

Newforma Key Enterprise and Cloud Applications

Newforma Konekt, Newforma Project Center, Newforma Constructex

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Newforma Direct vs Indirect sales

Newforma Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Newforma Customers

No. of Newforma Customers: 1500

No. of Newforma Enterprise Applications Customers: 1500

No. of Newforma Cloud Customers: x

No. of Newforma Cloud Subscribers: 500000

Newforma is used by over 500,000 users across a global network of more than 1,500 architecture, engineering, and construction companies. Some notable users include SRA Architects, Farrells Architects, Lillibridge Healthcare Services, Mascaro Construction Company, Wood & Grieve Engineers, Architects61, WSP 3, Riley Consulting, Hilson Moran, TP Bennett, SSH Design, Reardonsmith Architects, and numerous others.

Newforma Market Opportunities, M&A and Geo Expansions

In November 2022, Newforma introduced Japanese language support for its ConstructEx cloud-based software. Project team members can now choose their language preference, including English, Spanish, and Japanese, in their ConstructEx user profile. The translated interface covers menus, forms, and report screens for all ConstructEx modules, enhancing accessibility for diverse project teams globally and facilitating smoother software adoption.

In February 2022, Newforma unveiled the most recent update to Newforma Project Center. This release features the long-awaited Newforma Connector for Autodesk® BIM 360®, an integral component of Autodesk Construction Cloud™, designed to seamlessly integrate data and workflows. This integration facilitates enhanced collaboration and increased productivity for project stakeholders. With the Newforma Connector for Autodesk BIM 360, project teams gain the ability to efficiently access, share, and collaborate on information stored in both platforms, streamlining Request for Information (RFI) and Submittal workflows between design and construction teams.

Newforma Risks and Challenges

In June 2023, Newforma named Mike Lewis, former Vice President of Marketing at Everbridge, the new Chief Marketing Officer (CMO). In this role, Mr. Lewis is strategically positioned to steer and oversee Newforma's marketing initiatives. This appointment comes as Newforma maintains its position as a trailblazer in the construction industry, offering innovative software solutions. The company has also promoted two pivotal executives to elevated roles within the organization. Marge Hart was appointed as Senior Vice President of Product Management, and Tammy Fuller as Senior Vice President of Software Engineering. This shift in leadership reflects the company's strategic move to address higher-level challenges and guide the organization toward enhanced direction and effectiveness.

Newforma Ecosystem, Partners, Resellers and SI

Newforma collaborates with a network of connector and integration partners to guarantee the availability of project information, ensuring complete accessibility whether in the office or on the move. BST Global stands as their esteemed Alliance Partner, while Connection Regional Partners include ClearView Software, NBS, and Rapport3. The Connection Global Partners encompass Bluebeam, Procore, and Bentley. Furthermore, Newforma established partnerships with Technology Platform Partners such as Autodesk Navisworks, Autodesk Revit, and Office 365.

Newforma Cloud Infrastructure Insights

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• Newforma Public Cloud and Infrastructure (IaaS)
• Newforma Platform (PaaS)
• Newforma Application Delivery
• Newforma 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).

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