think project! continues double-digit growth in 2018

12/02/2019

think project! continues double-digit growth in 2018

Munich-based think project!, a leading cloud-based Common Data Environment provider for construction and engineering projects, grew revenue by over 20% during the financial year of 2018. Revenue for think project!, both in Germany and internationally, grew across all target segments (public and private asset owners, general contractors and project managers). This positive trend also led to an expansion of staff in development, sales and customer services, resulting in an overall 15% increase to approximately 300 people across the entire group. The year’s highlights included, amongst others, the acquisition of contract management specialist CEMAR, and numerous wins of strong customers. 

think project! expanded both its regional scope and the scope of the product by acquiring UK-based CEMAR, a leading cloud-based solution for managing NEC (New Engineering Contracts) and FIDIC (International Federation of Consulting Engineers) contracts. think project! was awarded a number of international contracts from customers including Bayer AG, Siemens RE, CG Group AG, DEKA, Gerchgroup AG, Arkema, Femern Link Contractors and others. think project! also continues to thrive in the government infrastructure sectors such as rail and road. 

“We are very pleased with the business development of think project! in 2018,” says Thomas Bachmaier, founder and CEO think project!. “In 2019, we will focus on the further expansion of our product portfolio by bringing CEMAR contract management to Asian and European markets and by offering think project! in the United Kingdom as well as in France. We will also launch a new user interface (UI/UX) with Version 10 of think project!, as well as further accelerate our investment in mobile solutions and BIM.”

[Translate to English EN:] Download Press Release

Press contact

Diana Deierl Senior Corporate Marketing Manager Phone +49 89 839390 328diana.deierl(at)thinkproject.com

Use of cookies

Our website uses cookies and other technologies to make your website experience better and to help us understand how you use our website. Please click “accept” to continue or “deny” to deactivate non-functional Cookies. The full website experience cannot be ensured, when Cookies are deactivated due to technical reasons. Learn more about Cookies in our data protection statement.


Your current settings
Cookies are active Non-functional cookies are disabled