Eque2 Acknowledged as a Key HR Software Provider by APPS RUN THE WORLD in the HCM Top 500 Market Report

Eque2 Strengths, Domain Expertise, and Key Differentiators

Additionally, Eque2 leverages IoT technologies to provide real-time monitoring of construction sites, enhancing safety and operational efficiency. The cloud-based nature of its solutions ensures scalability and accessibility, critical for modern construction projects.​

Eque2 specializes in contract management software and construction solutions, empowering businesses to deliver projects on time and within budget while simultaneously optimizing profit margins. Their suite of tools is designed to streamline project execution and enhance financial control across the construction lifecycle.

In May 2019, the company launched its widely recognized Mobile Time Sheets App for Construct, engineered to integrate seamlessly with Sage Job Costing Software. This release underscored the company's ongoing commitment to digital innovation, enabling construction firms to enhance field-to-office connectivity and drive greater operational efficiency across project workflows.

Conversely, Miracle Dynamics has established itself as a key provider of human resource management (HRM) technology, delivering integrated solutions that span Payroll, HR, and Time & Attendance functionalities. The company’s offerings are specifically tailored for the Microsoft Dynamics 365 Business Central on-premises ecosystem (formerly Dynamics NAV), positioning it as a strategic player within the Dynamics partner landscape.

Eque2 Recent Developments

Eque2 has been actively enhancing its product offerings to meet the evolving needs of the construction sector. The company has focused on integrating cloud-based solutions, enabling real-time data access and collaboration across project teams. This shift to the cloud has facilitated better project management and cost control, essential factors in the construction industry.​

In October 2022, Eque2 formed a strategic alliance with Payapps, a specialized cloud-based construction software platform designed to enhance supply chain efficiency for contractors and subcontractors. This partnership reflects Eque2’s continued commitment to expanding its digital capabilities, enabling clients to streamline complex payment workflows and improve collaboration across project stakeholders within the construction lifecycle.

The integration of Payapps into Eque2's ecosystem marks a strategic enhancement in the digitalization of construction project workflows. By facilitating the electronic submission, assessment, and notification of payment applications, Payapps enables Eque2 customers to achieve greater operational efficiency. This collaboration highlights a broader industry trend toward end-to-end process optimization, providing construction firms with a more seamless and automated approach to managing critical financial workflows within their existing accounting and commercial management systems.

Eque2 Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Eque2 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 Eque2 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 Construct Express Cloud for Sage 50, Construct for Sage 50, Construct for Sage 200, Miracle Payroll, Miracle HR, Miracle Time and Attendance, Miracle Umbrella customers.

Eque2 Key Cloud and HCM Applications

Construct Express Cloud for Sage 50, Construct for Sage 50, Construct for Sage 200, Miracle Payroll, Miracle HR, Miracle Time and Attendance, Miracle Umbrella

Eque2 HCM and Cloud HCM Applications Revenues, $M:

Eque2 Revenue Breakdown by Type:

Eque2 HCM Applications Revenues By Sub-Functional Markets, $M:

Eque2 HCM Applications Revenues By Verticals, $M:

Eque2 Total and HCM Applications Revenues by Region:

Eque2 Direct vs Indirect sales

Eque2 Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Eque2 Customers

No. of Eque2 Customers: 4000

No. of Eque2 HCM Applications Customers: x

No. of Eque2 Cloud HCM Customers: x

No. of Eque2 Cloud HCM Subscribers: x

With a client base exceeding 3,000 organizations—from small businesses to major corporations—their solutions have gained broad trust and recognition across the industry.

Among their notable clients are leading industry names such as McGowan Environmental Engineering Ltd, J P F Systems Ltd, Profixed Interiors, Aston Environmental, Bainbridge Electrical Ltd, RCA Construction, and several other respected organizations. Furthermore, their subsidiary, Miracle Dynamics, supports a diverse client base of over 1,000 organizations across various sectors.

Eque2 Market Opportunities, M&A and Geo Expansions

In November 2020, Miracle Dynamics, a subsidiary of Eque2 Limited, introduced MiraclePay—an advanced payroll solution specifically designed for seamless integration with Microsoft’s cloud-based Dynamics 365 Business Central platform.

Since June 2019, Eque2's Construct solutions for Sage 50 and Sage 200 have been available in the cloud, enabling contractors to work anytime, anywhere, from any device. This cloud integration streamlines data from multiple sources, offering a centralized and accurate view of contract performance and profitability.

In 2019, Eque2 achieved significant strides in growing its presence across Ireland.

Eque2 Risks and Challenges

Despite its strengths, Eque2 faces challenges such as market competition and the need for continuous innovation. The integration of new technologies requires significant investment and poses risks if not executed effectively. Additionally, expanding into new markets involves navigating different regulatory environments and cultural nuances.​

Eque2 Ecosystem, Partners, Resellers and SI

Eque2 maintains strong strategic partnerships with major construction industry leaders, including Microsoft and Sage.

Beyond these core alliances, Eque2 has also cultivated collaborative relationships with a range of organizations such as Secura, Group BC, Open ECX, Protean Software, InspHire, Zetadocs, Jet Reports, Draycir, Reality Finance, and ExpandIT.

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: