EcoSys was acquired by Intergraph Process, Power & Marine (PP&M) earlier this month. EcoSys will operate as an independent business unit, but we are excited by the collaborative possibilities for our combined software portfolio as well as for international business growth.
First, a little background on EcoSys. The company was founded in 2000 and is headquartered in Broomfield, Colorado – just outside of Denver. Our flagship software product, EcoSys Enterprise Planning & Controls (EPC), is the industry standard for project controls software. Project controls is a multi-phased discipline with the goal to improve project delivery and cost performance. EcoSys EPC aids this mission through (1) standardising project controls best practices for functions like budgeting, forecasting, change management, capital planning, workforce planning and earned value management; (2) project data integration from other software systems, such as scheduling, accounting/ERP and timesheets; and (3) built-in business Intelligence-style reporting for real-time information to guide decision-making. In short, EcoSys EPC helps organisations plan and manage project portfolios, control project costs and improve project performance.
EcoSys EPC is entirely Web-based, and therefore available as an on-premise, hosted or SaaS solution. We recently announced a suite of mobile applications that will further support our mission to make easy-to-use software that improves productivity and delivers accurate, actionable information.
And customers are responding! EcoSys has experienced tremendous growth, with software license revenue increasing 165% in 2014. Fueled by Hexagon and Intergraph PP&M’s worldwide capabilities, we expect strong growth to continue in markets across the globe. We already share many customers in industries, such as engineering and construction and oil and gas and believe that the EcoSys brand will benefit from association with Intergraph PP&M, the leading global provider of engineering software.
This leads to one of the other key areas of strength for this acquisition – together, the Intergraph and EcoSys software solutions will power 5D building information modelling (BIM), an exciting field in the architecture, engineering and construction industries. EcoSys EPC is a natural solution to enable 5D BIM, as it adds project scheduling integration (4D) and robust cost management capabilities (5D) with Intergraph PP&M’s 3D design and construction solutions.
Becoming a part of Hexagon’s global network of brands and contributing to Hexagon’s goals is an exciting step for everyone at EcoSys. We look forward to continued collaboration and solidifying an even stronger position in the marketplace.
Coming together to improve project delivery for our customers around the world – that’s shaping smart change.
Chief Executive Officer
Javier is CEO of EcoSys, provider of powerful, easy-to-use enterprise project controls software. Through EcoSys’ flagship software solution, Javier has helped Global 1000 companies and government agencies address some of the fundamental challenges facing project-driven organisations: how to measure, forecast and improve project performance. Javier has more than 18 years of leadership and hands-on experience in the commercial software industry and has advised organisations on project management and cost controls best practices in industries, such as engineering, construction, energy, utilities, government and IT. Before co-founding EcoSys, Javier helped develop the project scheduling software now known as Primavera P6.