NAPERVILLE, IL: Contruent, the SaaS company that develops industry-leading project controls software solutions which enable owners and EPCs to build mega-construction projects with greater precision and speed, announced today record performance for 2022 across a number of key areas.
Sales grew 55 percent year over year, driven by an accelerated rate of innovation with significant new investment in research and development, along with a renewed focus on delivering high-value business outcomes for customers.
Customer satisfaction also drove a year-over-year boost in annual contract value (ACV) of more than 50 percent.
Increased innovation and strategic talent acquisition
“This year’s growth and success are a testament to the dedication of the top-tier talent across our sales, customer success, marketing and engineering organizations,” said Kurt Kauper, Chief Revenue Officer. “Our new team additions, including subject matter experts across North America, EMEA, and APAC, have accelerated our growth and put us on path for continued exceptional performance.”
“We also saw tremendous innovation in the product portfolio continued, which enables our solutions to deliver value faster across the entire project lifecycle,” Kauper continued. “As we look ahead, innovation and customer satisfaction will remain priorities to maintain and ignite project momentum for clients across the globe.”
Projecting an even bigger year ahead
“This remarkable year has set the tone for our organization, as we move into 2023” said Ryan Kubacki, CEO at Contruent. “With a new brand, top-talent, and the recent launch of Contruent Enterprise, we are already anticipating increased success in 2023, including additional growth, product developments, and innovative solutions to solve for our clients’ most complex challenges.”
Contruent is the premier capital project management software solution that empowers owners and EPCs to build large construction projects with precision and speed. Contruent is faster to deliver across the project lifecycle because it integrates cost and scheduling and comes project-ready out-of-the-box with 25 years of best practices built in. The result is higher accuracy, speed, and cost efficiency. Founded in 1994 as ARES PRISM and renamed with the launch of an innovative SaaS platform, Contruent operates in 26 countries and is now headquartered in Naperville, IL. Join the movement of meeting on-time and on-budget expectations by visiting www.contruent.com.