Celebrating an impressive milestone of 50 years, CMiC has established itself as a leader in the Next Generation Construction ERP space. With a legacy dating back to 1973, this Toronto-based company has adapted to the changing tides of the industry and has been instrumental in shaping them.
Gord Rawlins, the President & CEO - CMiC, articulates this journey as one driven by a forward-thinking, future ready vision. In his words, "CMiC is a future-focused organization led by a team committed to strengthening partnerships, perfecting our product and service offering, maintaining a strong foothold within the construction software space and spearheading global expansion."
Unique in its approach, CMiC transcends the typical boundaries of a technology firm. It integrates strong service, support, and a customer success component, thereby offering a comprehensive and cohesive experience to its users. At the heart of CMiC's success story are:
Its employees comprising of a CEO dedicated to modern technology solutions.
A leadership team ensuring a leading market position.
Product leaders fixated on innovation.
Customer-facing teams focused on helping customers exceed their business goals.
An ecosystem of customers and partners that is committed to exchanging actionable insights and success stories with the aim of achieving progressive results together.
CMiC's customer-first mantra continues to be the backbone of their accomplishments. As Jeff Weiss, Chief Revenue Officer - CMiC, puts it, "CMiC is a customer-focused firm driven by the continuous quest to enhance customer satisfaction and engagement. This focus is the cornerstone of CMiC's success and will continue to lay the foundation for our long-term strategy."
A Legacy of Market Leadership and Product Innovation
CMiC's journey over the past five decades is proof of its market leadership and relentless commitment to product innovation. The company has solidified its stature as an industry leader, with a significant 30% of ENR's Top 400 General Contractors choosing CMiC as their preferred construction ERP solution. This impressive market penetration reflects not just the company's understanding of the industry's needs but also its ability to deliver solutions that resonate with the evolving demands of construction firms.
Product innovation at CMiC has been nothing short of game changing. The launch of mobile functionality in 2015 brought a new dimension of connectivity to the workforce in construction. This move significantly enhanced on-site and off-site communications, on top of project management capabilities.
In 2017, CMiC took a significant leap by introducing Business Intelligence functionality, laying a robust foundation for its Analytics offerings. This step demonstrated CMiC's commitment to gather data and to turn it into actionable insights for its customers. The launch of the open API offering in 2020 further underlined the firm's dedication to providing versatile and integrated solutions across various functional categories.
Perhaps the most notable recent innovation is the 2022 launch of the CONSTRUCT suite, a next generation suite of applications that are designed to drive integrated project delivery, optimize workflows, and improve office-to-field communications and collaboration. According to Steve Cangiano, VP - Product, "As a product leader in the construction software space, my team and I are committed to driving product innovation. The CONSTRUCT suite is a testament to our focus and effort on next generation solutions to provide our customers the best user experience and help them elevate performance in both the short and long term."
Global Expansion and Recognition
The scope of CMiC's influence extends far beyond the North American market. In recent years, the company has made significant inroads into the EMEA and Asia Pacific regions. This expansion began with the inclusion of UAE-based firms ALEC Engineering and Contracting L.L.C., and AMANA Group Limited in 2019 and 2020, respectively. Further, the addition of GVK Group in 2021 marked CMiC's foray into the Australian market, underscoring its global appeal and adaptability.
Recognition of CMiC's achievements and contributions has come from various quarters. Notably, the company was honored with the Deloitte Best Managed Award for the sixth consecutive year in 2023, achieving the Gold Standard category for the second consecutive year. Other accolades include TrustRadius' Tech Cares, Construction Executive's Top Tech and Hot Products, and Merit Technology Software and Apps Platform. These awards highlight CMiC's business excellence, technological prowess, and innovation.
Commitment to Community and Philanthropy
CMiC's success story is not confined to its business achievements. The company has a deep-rooted commitment to philanthropy and community engagement, embodying the values instilled by its founder. Through the Allen-Berg initiatives, CMiC has pledged a significant $10 million to various charities, illustrating its dedication to social responsibility.
Additionally, since 2018, CMiC has contributed $2.5 million and offered financial support to 134 students through the ACE Mentor Program, which provides opportunities to high school students pursuing careers in Architecture, Construction, or Engineering. The company's Social Purpose Committee, Ready Set Build, has raised over $125,000, with a remarkable 44% of CMiC employees participating in volunteer efforts in 2023.
Forging Ahead: CMiC's Vision for the Future
As CMiC looks ahead, the focus remains on navigating the changing landscape of customer expectations, technological advancements, and economic shifts. The company's strong intellectual and technological foundation positions it well to deliver high-impact results for the next 50 years and beyond. Weiss captures this sentiment with these words: "With our strong intellectual and technological foundation, we are poised to deliver high-impact results for the next 50 years and beyond."
