EcoSys Announces Record Setting Revenue Growth

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Headquarters relocating to Denver-area energy center Opening education facility

EcoSys (http://www.ecosys.net), provider of best-in-class project controls software, today reported revenue growth of over 50% in its software business for 2012 and an impressive Compound Annual Growth Rate (CAGR) of 51% for the last three years, reflecting consistently strong growth. This growth has fueled EcoSys’ expansion and opening of its new corporate headquarters and training facility in Denver, Colorado to better serve a larger and expanding customer base.

The revenue gains have been achieved with EcoSys EPC (Enterprise Planning & Controls), the company’s web-based software platform helping organizations to better measure, forecast, and improve project performance. EcoSys EPC is being used by customers to plan and execute over 7,000 projects with total budgets exceeding $500 billion.

EcoSys corporate headquarters will now be located in Denver, Colorado, positioning the company within one of the Western U.S.’s core energy centers and enabling it to leverage the region’s pool of technology talent to help fuel continued growth. The new headquarters will host corporate leadership, including global sales and professional services, while software development will open a new research and development facility and customer support center in New York City. Also in Denver, EcoSys will be opening the EcoSys Training Facility to train employees, partners, and customers on its software. EcoSys will now operate out of offices in Denver, Houston, New York City and London.

Javier Sloninsky, CEO and Managing Director of EcoSys, commented, “As we grow, we feel it’s more important than ever for our customers to be able to benefit in new ways from our software and services offerings. Our new locations in Denver and New York City will help us better serve our clients, educate users through the training center and continue our momentum within the energy, engineering, and government sectors.”

As projects have increased in scale and management demands greater accountability, more organizations are realizing the need for a project controls system like EcoSys EPC to help them standardize processes, automate cost reporting, and improve project performance within one user-friendly platform.

EcoSys EPC is a web-based solution designed to deliver best practices for project cost management, project portfolio management, capital program, budgeting and forecasting, funds management, resource planning, estimating, and earned value management.

About EcoSys
EcoSys is an industry leader in project controls software. EcoSys has worked with over 250 customers worldwide in industries including oil & gas, utilities, engineering and construction, mining, transportation, IT, and government. EcoSys is headquartered in Denver with offices in Houston, New York City and London.

EcoSys EPC is an advanced planning and cost controls software solution delivering best practices for full lifecycle project cost management in an integrated, easy-to-use web application. Bridging the gap between planning and execution, EcoSys EPC is used for capital program management, project budgeting and forecasting, estimating, and comprehensive management of costs, funds, resources and earned value.

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Tricia Hoban

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