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Newforma

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www.newforma.com

Newforma builds cloud-based information management solutions for AECO professionals to improve project delivery.

Overview

Newforma is a software company delivering cloud-based information management and collaboration solutions for the AECO community. Serving architects, engineers, general contractors, and owner-operators, Newforma helps teams organize documents, email, and workflows across the project lifecycle. The platform supports multidisciplinary collaboration, information governance, and project visibility, with capabilities for document management, correspondence, workflow automation, and risk reduction. By enabling secure access to project data from anywhere, it aims to improve design quality, project delivery, and client satisfaction. The organization emphasizes empowering professionals to work more efficiently, reduce rework, and make informed decisions, facilitating better coordination among design and construction teams and delivering consistent outcomes for complex projects.

Mission statement

To empower AECO professionals with secure, cloud-based information management and collaboration that improves project quality, efficiency, and outcomes.

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What we offer

Newforma Konekt

Facilitates seamless collaboration and information management for AECO teams.

www.newforma.com/newforma-konekt/

Newforma Project Center

Streamline project management by organizing data, improving collaboration, and ensuring compliance.

www.newforma.com/newforma-project-center/

Newforma Project Center Cloud

Enhance collaboration and efficiency in project management for AECO teams.

newforma.cloud/login

Newforma ConstructEx

Streamline project management for general contractors with cloud-based solutions.

www.newforma.com/newforma-constructex/

Newforma AI

Enhances construction project management through AI-driven features.

www.newforma.com/jump-into-the-future-with-newforma-ai/

Market segments

Market size by segment

Growth potential (CAGR)

Document management and client portal

1.76 Billion USD18.35% CAGR

Store and share project documents and photos, provide client portal access to summaries and attachments, and centralize project correspondence and records.

BIM and design coordination

2.5 Billion USD11% CAGR

Management and collaboration around BIM data and model coordination to align design intent with construction activities and identify clashes.

Field operations and specification management

7.5 Billion USD11% CAGR

Mobile field reporting, inspection checklist and specification authoring capabilities that streamline on-site workflows and construction/engineering documentation.

Project Automation and Intelligence

3.56 Billion USD16.5% CAGR

Capabilities that automate workflows and surface AI-driven project insights, summaries, and recommendations to streamline operations, reduce manual tasks, and support data-driven decisions.

More information about our offering

Newforma Konekt

Cloud-based collaboration and information management platform for AECO teams. Konekt enables integrated workflows across design and construction through modules for BIM coordination, action items, file management, communication management, aggregate search, 2D/3D viewer, construction administration, document control, contract change management, mobile access, and data analytics as a service, along with enhanced AI capabilities.

  • Leverage AI Capabilities
    Incorporates AI features that enhance data management and decision-making processes within projects.
  • Visualize Project Assets
    Allows users to visualize both 2D and 3D project assets, enhancing understanding and communication of project details.
  • Enhance BIM Workflows
    Provides robust tools for coordinating BIM processes, improving collaboration between design and construction teams.
  • Access Project Insights
    Provides powerful analytics tools that deliver valuable insights into project performance and trends.
  • Maintain Document Control
    Ensures proper management of document versions and access rights, improving overall compliance and quality management.
  • Manage Action Items
    Enables teams to track and manage action items efficiently, ensuring accountability and timely follow-ups.
  • Streamline Communications
    Organizes project communications effectively to ensure all team members are aligned and informed.
  • Oversee Contract Changes
    Enables systematic tracking and management of contract changes, reducing risks associated with construction contracts.
  • Organize Project Files
    Helps users manage and organize project files efficiently, making data retrieval straightforward.
  • Search Project Data
    Offers a unified search functionality that allows users to find relevant project information quickly and easily.
  • Manage Construction Admin Tasks
    Facilitates the management of administrative tasks related to construction to enhance efficiency.
  • Access Data on the Go
    Offers mobile access to project data and workflows, improving flexibility and responsiveness.

Newforma Project Center

On-premise project information management platform for organizing project data, emails, contracts, documents, field data, and file sharing. It provides comprehensive contract administration, document control, and field management features.

  • Enhance Contract Management
    Easily manage and monitor all contract-related workflows to ensure compliance and timely approvals.
  • Streamline Document Management
    Maintain a comprehensive repository of all project documents with version control to ensure everyone is on the same page.
  • Optimize Field Operations
    Monitor field tasks, facilitate communication, and ensure that project requirements are being met on-site.
  • Simplify Email Management
    Categorize and archive all project emails to improve access and reduce time spent searching for important communications.
  • Facilitate Stakeholder Collaboration
    Easily share and manage file access to keep all stakeholders updated with the latest project information.
  • Enable Comprehensive Search
    Quickly find any document, email, or task with a powerful search feature that spans all project-related data.
  • Improve Accessibility
    Utilize a mobile app to access critical project information anytime, anywhere, enhancing work flexibility.

Newforma Project Center Cloud

Cloud-based project information management platform enabling comprehensive data organization and collaboration for AECO teams. It offers search across data, organized emails, contract administration, document control, field data management, and file sharing in the cloud.

  • Ensure Document Accuracy
    Implement robust document management with version history and access permissions to maintain data integrity.
  • Streamline Contract Processes
    Easily manage and track contract details, ensuring compliance and clarity throughout the project lifecycle.
  • Facilitate Quick Data Access
    Enable comprehensive search capabilities to quickly locate necessary project documents and communications.
  • Optimize Field Operations
    Facilitate real-time data capture and task management from the field to enhance operational efficiency.
  • Enhance Collaboration
    Easily share project files with team members and stakeholders to ensure everyone has access to the latest information.
  • Simplify Email Management
    Streamline communication by organizing emails related to projects, making it easy to find important correspondence.

Newforma ConstructEx

Cloud-based solution for general contractors focusing on RFI and submittal management, document control, field management, and file sharing.

  • Ensure Document Accuracy
    Maintain all project documents updated and accessible with version control to avoid mistakes and ensure compliance.
  • Streamline Communication
    Facilitate seamless communication through efficient handling of requests for information (RFIs) and document submittals.
  • Optimize Field Operations
    Enhance productivity by effectively managing field data, tracking tasks in real-time, and addressing issues promptly.
  • Improve Decision Making
    Leverage project data to gain insights and make informed decisions that enhance project delivery and performance.
  • Enhance Collaboration
    Easily share important project files with team members and stakeholders to ensure everyone is on the same page.

Newforma AI

AI-powered capabilities integrated with Newforma Konekt to enhance construction information management and workflows.

  • Enhances Information Management
    Utilizes artificial intelligence to streamline workflows, automate tasks, and optimize project information management. This integration allows users to better manage project data, reduce manual errors, and enhance collaboration across teams.
  • Generates Insights
    Offers comprehensive data analytics services that help users derive actionable insights from construction data, enabling better decision-making and strategic planning.
  • Access Data Anywhere
    Allows users to access critical project information from mobile devices, facilitating timely decision-making and enhancing collaboration among team members on-site and remotely.

References

Methodology and sourcing behind the market figures shown above.

Document management and client portal

Primary estimate uses SNSinsider client-portal report reporting USD 1.76B (2023) and 18.35% CAGR (2024–2032). Patient-portal and other market reports (healthcare and broader client-portal summaries) show similar high-growth dynamics (17.2% and mid-single to high-teens CAGRs), supporting strong growth potential for document-management + client-portal solutions.

BIM and design coordination

Estimates derived from multiple BIM market reports in the search results. MarketsandMarkets values the overall BIM market at USD 9.03B in 2025 (CAGR 11.3% to 2030). Credence reports BIM software ~USD 9.74B in 2024 (CAGR ~10.8%). Coherent estimates USD 11.49B in 2026 (CAGR 14.1% to 2033). 'BIM and design coordination' is a subsegment (software tools for clash detection, coordination plus related services). Assuming design coordination represents roughly 25–30% of the broader BIM/software market yields an estimated segment size ~USD 2.5B today, with growth in line with overall BIM (rounded to ~11% CAGR).

Field operations and specification management

Estimated by combining published field service management (FSM) market figures (~$4.7–6.6B range in 2024–2026) with specification-management software estimates (~$1.5–2.3B). FSM sources report mid-to-high single-digit to low-double-digit CAGRs (≈9–12.5%); specification management CAGRs are ~8–9.5%. A blended CAGR (~11%) reflects stronger FSM growth drivers (AI, IoT, 5G, cloud) and moderate growth in specification management.

Project Automation and Intelligence

Primary source: InsightAceAnalytic provides a dedicated AI in Project Management estimate (USD 3.56B in 2025) and a 16.5% CAGR (2026–2035). Broader AI market forecasts (MarketsandMarkets) show much larger overall AI growth, indicating strong tailwinds for project automation and intelligence adoption; the segment estimate follows the dedicated market report.

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