Newforma

Newforma is a company that specializes in providing software solutions for the architecture, engineering, and construction (AEC) industries. The company operates in the market of project information management, offering tools that help streamline and manage the vast amounts of data and documents generated during construction projects.

Newforma's primary clients include architects, engineers, contractors, and project owners. These professionals use Newforma’s software to manage tasks such as Requests for Information (RFIs), submittals, and document control. By offering both live and pre-recorded webinars, Newforma also provides educational resources to help clients maximize the efficiency of their software tools.

The company’s business model revolves around software-as-a-service (SaaS). This means that clients subscribe to use Newforma’s web-based software, paying either a monthly or annual fee. This subscription model ensures a steady stream of revenue for Newforma while providing clients with continuous updates and support.

Newforma makes money through these subscription fees, as well as through additional services such as training and support. The company also offers specialized products like Project Center and ConstructEx, which are tailored to different aspects of project management within the AEC industry.

In summary, Newforma is a key player in the project information management market, serving the AEC industries with software solutions that help manage and streamline project data and documents. The company’s SaaS business model ensures a steady revenue stream and provides clients with ongoing support and updates.

Keywords: project management, architecture, engineering, construction, software, SaaS, RFIs, submittals, document control, webinars.