Three big factors have influenced this year’s list—merger and acquisitions, rapid-fire innovation, and a greater adherence to quality and judging mandates.
(PRWEB) July 02, 2018
Constructech magazine is proud to recognize the winners of the 2018 Constructech 50, which identifies the leading companies providing software, hardware, tools, and equipment to the construction industry.
This year’s winners prove that constant changes in the technology market lead to immense competition and insurmountable hurdles for the construction industry can be overcome with the best technology. As technology companies make acquisitions or as new innovation emerges, it becomes difficult to keep pace with new solutions, but that is where the Constructech 50 has become so vital to construction firms.
Companies needed to pass three crucial hurdles before they were even considered: revenue, customers, and intangibles. All three of these areas were a requisite to making it to the next level. Then, the editors underwent a rigorous judging process, which involved research, ongoing conversations with members of the Constructech editorial advisory board, and conversations with customers.
Professors and industry advisors have been engaged and CIOs have been consulted and polled about their adoption usage. The end result has culminated in an impressive roster that will help construction professionals make the most informed buying decisions. Also, the 2018 Constructech 50 has grown slightly to consider a broader spectrum of companies.
“Three big factors have influenced this year’s list—merger and acquisitions, rapid-fire innovation, and a greater adherence to quality and judging mandates,” says Peggy Smedley, editorial director of Constructech magazine and president of Specialty Publishing Media. “This year, the list has expanded to make room for more hardware, equipment, and tool companies, although we do anticipate that the list will one day retract, as we expect greater M&A activity in the months ahead.”
Some of the 2018 Constructech 50 companies include: Bentley Systems, CMiC, Computer Guidance Corp., Computer Presentation Systems, ECi Software Solutions, Explorer Software, GCP Applied Technologies, Hexagon AB, Hilti, HomeSphere, InEight, OxBlue, Pantera Global Technology, PMWeb, Projectmates, Sensera Systems, and Topcon Positioning Systems.
“The Constructech 50 is not a tally of the top technology products,” says Laura Black, editor, Constructech magazine. “Rather, it is a list of the most influential technology companies with an eye on construction. These are well-rounded organizations and more than just one-trick ponies.”
For a complete list of winners, along with in-depth analysis and information on the 2018 Constructech 50, pick up the summer 2018 issue of Constructech magazine or check out the Web publication by visiting constructech.com
About Constructech magazine
Constructech magazine is where construction and technology converge. The publication influences construction professionals to unleash the business value of technology. constructech.com