SIS | March 29, 2022
SIS, an ERP (Enterprise Resource Planning), CRM (Customer Relationship Management), & PM (Project Management) software solutions provider for project & service-driven organizations, has entered the Heavy Civil Construction Industry with their Construct 365 product suite.
Construct 365 suite of products, by SIS, provide the Heavy Civil Construction industry with the technology infrastructure needed to compete in today's construction opportunities.
"We are excited to bring our 25 years of experience in the Construction ERP industry into the Heavy Civil sector. Construct 365 PCM, Construct 365 PM, Construct 365 Advanced Labor, and Construct 365 Field Operations, comprise our existing Construct 365 solution that is being offered for Heavy Civil Construction." Mark Kershteyn, Partner, SIS.
"It is exciting to see SIS enter the Heavy Civil Construction market! This adds a strong offering to those firms seeking to leverage Dynamics 365 technology in the Azure Cloud, and greatly enhances the capabilities of a modern ERP solution. This will allow companies to take full advantage of tools such as Microsoft Power BI for dashboards providing greater operational insight "
Steve Hathaway, a Partner at Construction Software Solutions and formerly with Viewpoint
Construct 365 is bringing rich functionality including: estimate import (Heavy Job and Bid to Win (B2W)), job costing, core financials, and advanced labor. Additional functionality includes Unit Based Projects, Pay Items, Equipment Management, Union and Certified Payroll, all seamlessly working within Microsoft's flagship ERP, Dynamics 365 Finance and Supply Chain.
SIS (Strategic Industry Solutions) helps project and service focused companies manage every stage of the delivery and service life cycle. We provide complete Project Management, Project Accounting, Job Costing, Business Intelligence, and CRM Software built on Microsoft Dynamics. We help our clients manage cost and risk and deliver a unique value proposition to their customers with proven software and 25 years of Industry Experience.
The SIS Construct 365 solution is built in Microsoft Dynamics 365, and is the most complete and integrated solution in the A/E/C – Professional Service marketplace today, focusing on mobility, ease of use, and integration.
BuildOps | May 04, 2022
BuildOps announced a vital new partnership with Sage, the leader in accounting, financial, HR, and payroll technology for small and mid-sized businesses. As part of this new relationship, BuildOps has integrated with Sage Intacct and Sage Intacct Construction, Sage's cloud financial management solutions designed to meet the unique needs of many firms, including construction companies. Used together, BuildOps and Sage Intacct will streamline and integrate Service Management, Project Management, Dispatching, Time Capture, and core financial management activities – from initial quote to final closeout.
"Connected cloud solutions are the future of construction-, service-, and project-based technology, By ensuring a seamless transition of service and project data from BuildOps to any one of the Sage Intacct versions, firms can expect significant improvements in workflow efficiency, information accuracy, and cost savings."
BuildOps' Head of Growth, Glen West
Both BuildOps and Sage Intacct are designed to eliminate the need for paper-based processes, improve data access, and enable collaboration among teams; a hallmark of cloud-based software solutions. "In many ways, BuildOps and Sage share the same vision for technology and meeting the needs of our customers," said Melody Williams, Head of Business Development for Sage Intacct. "As technology providers, we have both seen the positive impacts of our cloud platforms, and we look forward to the many benefits this new integration will deliver for our joint customers."
BuildOps is an all-in-one cloud-based software solution that empowers commercial HVAC, plumbing, electrical and mechanical contractors to efficiently and effectively manage operations and field service on a single platform while maximizing efficiency and driving profitability. Founded in 2018, BuildOps has gone on to transform the lives of commercial contractors across the industry.
Holcim | December 27, 2021
Holcim (Paris:HOLN) has signed an agreement to acquire Malarkey Roofing Products, a leading company in the US residential roofing market with projected 2022 Net Sales of USD 600 million and EBITDA of USD 120 million. Malarkey Roofing Products has a track record of double-digit growth in the highly profitable USD 19 billion US residential roofing market. Malarkey is fully complementary to Firestone Building Products’ leadership in the commercial segment, positioning Holcim as a full roofing provider. Malarkey’s strong brand recognition is driven by its leadership in innovation and sustainability with a highly circular business model.
Jan Jenisch, CEO: “We are off to a strong start to our ‘Strategy 2025 – Accelerating Green Growth’ with the acquisition of Malarkey Roofing Products, expanding our Solutions & Products business to become a global leader in roofing systems. I congratulate the Malarkey family for what they have achieved and am committed to investing in the company’s continued success to unleash its next era of growth together. Our companies are highly complementary with many upsides. I am impressed by the Malarkey brand, the innovative technology, the great network of production facilities and, most importantly, purpose driven employees who are vital for the company’s sustainable growth and national expansion plan. I am excited to further strengthen the Malarkey brand and legacy and welcome all employees and sites into the Holcim family.”
“We couldn’t be more thrilled. For decades, we’ve sought a company that agrees with our vision, aligns with our values, and can help us accelerate our growth strategy. Today, we found it in Holcim. Like Malarkey, Holcim has a strong focus on driving the circular economy and leading the transition towards sustainable construction. It’s a very exciting time for both brands. To our employees, customers, partners, contractors, and friends, who continue to support our company and mission, thank you! You’ve witnessed first-hand the market’s rapid acceptance of our unique value proposition. With Holcim’s knowledge and resources, we can extend that value proposition to even more consumers. We’re just getting started.”
-Gregory Malarkey, President of Malarkey Roofing
Jamie Gentoso, Global Head of Solutions & Products: With Malarkey Roofing Products we enter the highly profitable and fast-growing residential roofing market, driven by repair and refurbishment as well as shifting customer preferences towards more sustainable and resilient building materials. With a track record of double-digit growth for the past ten years, Malarkey is a proven growth engine for expanding our range of roofing systems from commercial to residential.
This transaction is valued at USD 1.35 billion, to be financed with 100% cash. Synergies of USD 40 million per year are expected on a run-rate basis to be realized by year three. The acquisition is earnings per share (EPS) accretive from the first year.
Malarkey Roofing Products was founded by Herbert Malarkey in 1956 and is headquartered in Portland, Oregon. It provides complete solutions for residential roofing needs from roofing shingles to ice and water barriers. With production facilities in Oregon, California and Oklahoma, Malarkey Roofing Products has a strong presence from the West to the South of the US that is highly complementary with Firestone Building Products’ footprint.
The acquisition advances Holcim’s “Strategy 2025 – Accelerating Green Growth” with the goal to expand its Solutions & Products business to 30% of Group Net Sales by 2025, entering the most attractive construction segments, from roofing and insulation to repair and refurbishment. The transaction is in line with Holcim’s commitment to strict financial discipline and is subject to customary conditions and regulatory clearance in the United States. It is expected to close in the first quarter of 2022.
Holcim builds progress for people and the planet. As a global leader in innovative and sustainable building solutions, Holcim is enabling greener cities, smarter infrastructure and improving living standards around the world. With sustainability at the core of its strategy Holcim is becoming a net zero company, with its people and communities at the heart of its success. The company is driving the circular economy as a world leader in recycling to build more with less. Holcim is the company behind some of the world’s most trusted brands in the building sector including ACC, Aggregate Industries, Ambuja Cement, Disensa, Firestone Building Products, Geocycle, Holcim and Lafarge. Holcim is 70,000 people around the world who are passionate about building progress for people and the planet through four business segments: Cement, Ready-Mix Concrete, Aggregates and Solutions & Products.
HCL Technologies | January 28, 2022
HCL Technologies (HCL), a leading global technology company, has opened its Innovation Center focused on Engineering and R&D services in Edmonton, Alberta. Bringing together an ecosystem of partners from academia, government institutions, startups and technology providers, HCL’s Innovation Center will serve as a hub for HCL Engineering teams to co-innovate with customers and solve complex business problems for clients globally.The Edmonton Center will house an engineering and co-innovation lab, which will enable high tech and software clients, including Fortune 100 leaders, to not only envision their products, but also to see rapid product prototyping, collaborative research and continuous learning to create faster time to market. Clients can leverage the Center to create new product designs while collaborating on go-to-market solutions. The Edmonton team will be engaged in product engineering, platform engineering, operational technology services and next-generation engineering, research and development.
As part of its expansion, HCL Technologies will hire college graduates from local educational institutions including The University of Alberta, MacEwan University, NAIT, SAIT and others.
“The Edmonton Innovation Center represents a significant expansion of our world-class technology talent and exceptional engineering presence in Canada, Engineering-led digital transformation is set to re-imagine the business landscape, and the excellent facilities at our Edmonton Center provide the right environment for shaping the future of the IT industry.”
-Joelien Jose, Executive Vice President and Country Head, Canada, HCL Technologies.
I am pleased to welcome HCL to our community," said Amarjeet Sohi, Mayor of Edmonton. “This announcement is the beginning of a new partnership between our city and the company, and today's announcement is proof that Edmonton is a great place to do business.
HCL's expansion into Edmonton is another sign of the record growth of Alberta's technology sector,” said Doug Schweitzer, Minister for Jobs, Economy and Innovation, Government of Alberta. “It is exciting to see HCL identify Alberta as the place to invest due to the amazing talent we have here and the business environment we've created. I look forward to seeing the partnerships and innovations that come from this new Center.
The Edmonton Metropolitan Region is a great place for HCL Technologies to continue its expansion into Canada,” said Malcolm Bruce, CEO, Edmonton Global. “Our region's tech sector continues to attract investors through our high quality of life, world-class talent and affordability. We're excited to watch HCL expand and grow here.
In addition to the Edmonton Center, HCL Technologies’ continued success in Canada is driven by the support of Global Delivery Centers in Mississauga, Ontario, and Moncton, New Brunswick.
For more details on employment opportunities at HCL Technologies, please visit www.hcltech.com/careers.
About HCL Technologies
HCL Technologies (HCL) empowers global enterprises with technology for the next decade, today. HCL’s Mode 1- 2-3 strategy, based on its deep-domain industry expertise, customer-centricity and entrepreneurial culture of Ideapreneurship™, enables businesses to transform into next-gen enterprises.HCL offers its services and products through three business units: IT and Business Services (ITBS), Engineering and R&D Services (ERS) and Products & Platforms (P&P). ITBS enables global enterprises to transform their businesses through offerings in the areas of applications, infrastructure, digital process operations and next generational digital transformation solutions. ERS offers engineering services and solutions in all aspects of product development and platform engineering. P&P provides modernized software products to global clients for their technology and industry specific requirements. Through its cutting-edge co-innovation labs, global delivery capabilities and broad global network, HCL delivers holistic services in various industry verticals, categorized as Financial Services, Manufacturing, Technology & Services, Telecom & Media, Retail & CPG, Life Sciences & Healthcare and Public Services.
As a leading global technology company, HCL takes pride in its diversity, social responsibility, sustainability and education initiatives. For the 12 months ended Dec. 31, 2021, HCL had consolidated revenue of US$11.18 billion. Its nearly 198,000 ideapreneurs operate out of 52 countries.For more information, visit www.hcltech.com.