CMD Group, formerly Reed Construction Data and Construction Market Data, is a provider of

business information Business intelligence (BI) comprises the strategies and technologies used by enterprises for the data analysis and management of business information. Common functions of business intelligence technologies include reporting, online analytical pr ...

for the

North America North America is a continent in the Northern Hemisphere and almost entirely within the Western Hemisphere. It is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South America and the Car ...

n construction industry. CMD is owned by ConstructConnect. Its historical roots lie in Construction Market Data, founded in 1982 to publish construction leads and market data. In 2000,

London London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...

-based

Reed Elsevier RELX plc (pronounced "Rel-ex") is a British multinational information and analytics company headquartered in London, England. Its businesses provide scientific, technical and medical information and analytics; legal information and analytics; ...

purchased this original CMD Group, transitioning the company to Reed Construction Data. In October 2014

private equity firm A private equity firm is an investment management company that provides financial backing and makes investments in the private equity of startup or operating companies through a variety of loosely affiliated investment strategies including leve ...

Warburg Pincus Warburg Pincus LLC is a global private equity firm, headquartered in New York, with offices in the United States, Europe, Brazil, China, Southeast Asia and India. Warburg has been a private equity investor since 1966. The firm currently has over ...

New York New York most commonly refers to: * New York City, the most populous city in the United States, located in the state of New York * New York (state), a state in the northeastern United States New York may also refer to: Film and television * '' ...

purchased a majority stake in the company, and Reed Construction Data changed its name to CMD. CMD said the new name is a nod to the company's original name: Construction Market Data. The new brand includes an updated logo and website. The company tracks data on hundreds of thousands of projects per year, providing coverage of construction projects in both the

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...

and

Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...

. The company provides monthly analysis and data for all aspects of the construction industry. CMD also provides a detailed view of construction activity, including historical data, current-year projections and a five-year forecast. Their research helps customers forecast to find those market segments experiencing the greatest growth and plan tactical marketing strategies.

Lawsuits

In October 2009, Reed Construction Data filed suit in federal court against

McGraw-Hill Construction S&P Global Inc. (prior to April 2016 McGraw Hill Financial, Inc., and prior to 2013 The McGraw–Hill Companies, Inc.) is an American publicly traded corporation headquartered in Manhattan, New York City. Its primary areas of business are financ ...

, charging that the company's Dodge Report had unlawfully accessed confidential and trade secret information from Reed since 2002 by using a series of fake companies to pose as Reed customers. The lawsuit, filed in the

U.S. District Court for the Southern District of New York The United States District Court for the Southern District of New York (in case citations, S.D.N.Y.) is a federal trial court whose geographic jurisdiction encompasses eight counties of New York State. Two of these are in New York City: New Y ...

, sought an unspecified amount in lost profits and punitive damages, trial by jury, and injunctive relief as a result of Dodge's misuse of proprietary construction project information, and that Dodge allegedly manipulated the information to create misleading comparisons between Dodge's and Reed's products and services in an effort to mislead the marketplace.

Merger

In 2016, CMD Group became a part of ConstructConnect as part of a merger with

iSqFt iSqFt is a Software as a service (SaaS) company that serves general contractors, subcontractors, manufacturers, and suppliers in the North American commercial construction industry. The company, founded as Construction Software Technologies in 19 ...

, BidClerk, Construction Data.

References

External links

Official website
Business intelligence companies Companies based in Ohio {{US-publishing-company-stub