Summary

CTSpace

Founded in 1989

Description

CTSpace provides document management and collaboration workflow applications for the construction and engineering industry that help increase the safety, efficiency and reduce risks involved managing a plant or facility throughout its entire lifecycle. Following the announcement by Idox plc on the 15th November CTSpace is in the process of merging with McLaren Software also an Idox Company to create the largest engineering document management and control solutions company in the market. The combined McLaren Software and CTSpace's solutions are used by leading Owner Operators (OO's) and Engineering Procurement Construction (EPC) companies in asset intensive industries including Energy, Oil and Gas, Process Manufacturing, Life Sciences, Transportation, Utilities, Commercial Property and Government. Multi-language solutions are available as both Cloud solutions, stand alone and certified applications for leading ECM platforms such as IBM FileNet P8, EMC Documentum, or Oracle WebCenter with collaboration supported by Microsoft SharePoint. The combined solutions are helping more than 200,000 professionals on over 13,000 capital projects and asset operations in 56 countries who benefit from faster project execution, turnaround, increased accountability and compliance, reduced risk and tangible cost savings. All solutions are supported by a dedicated global team of consultants that understand that the success of any implementation is due not only to technology, implementation, product support and training, but also to the people and processes involved.

Strengths

  • CTSpace has a strong market share in their industry
  • Revenue generated per employee is greater than industry average
  • Revenue growth is more steady than the industry average
  • Since CTSpace was founded, the company has grown faster than the industry average

Weaknesses

  • Revenue growth is less than the industry average
  • The number of employees is not growing as fast as the industry average

Annual Revenue

CTSpace's annual revenue

$28502000

Based on Kona Equity data

  • Revenue per employee

    $195219

  • Variance of revenue growth

    0.09

  • Annual revenue growth since founding

    $814342

  • Revenue growth rate from first known quarter to current

    -34.6%

Employee Count

146 employees

  • Employee growth rate from first known quarter to current

    -32.0%

Executives

Srinivas Shikaripur

Other Contacts

s**@ctspace.com

G Score - 4

The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.

  • G1 Revenue is greater than the industry median.
  • G2 Income per employee more than industry average.
  • G5 Variance of revenue growth is less than the industry average
  • G6 Annual revenue growth since founding is higher than the industry average.

Location

10375 Richmond Ave. Ste. 825 
Houston, TX  77042

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Key Information

  • SIC: 737; 73
  • NAICS: 5182; 51
Disclaimer: These numbers are estimates and any other company information is based off our proprietary algorithms and by no means should be accepted as 100% factual. Kona Equity is in no way affiliated with CTSpace.

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Frequently Asked Questions

Where is CTSpace located?

CTSpace's headquarters are located at 10375 Richmond Ave. Ste. 825  Houston, TX  77042.


What is CTSpace's official website?

CTSpace's official website is ctspace.com


What is CTSpace's revenue?

CTSpace's annual revenue is $28.5 M.


What is CTSpace's SIC code?

CTSpace's SIC: 737; 73


What is CTSpace's NAICS code?

CTSpace's NAICS: 5182; 51.


How many employees does CTSpace's have?

CTSpace has 146 employees


What industry does CTSpace belong to?

CTSpace is in the industry of Computer software.

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