iSqFt is a
Software as a service
Software as a service (SaaS ) is a software licensing and delivery model in which software is licensed on a subscription basis and is centrally hosted. SaaS is also known as "on-demand software" and Web-based/Web-hosted software.
SaaS is con ...
(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 1993, is headquartered in Greater
Cincinnati
Cincinnati ( ) is a city in the U.S. state of Ohio and the county seat of Hamilton County. Settled in 1788, the city is located at the northern side of the confluence of the Licking and Ohio rivers, the latter of which marks the state line wit ...
. Dave Conway is the president and CEO.
Products
iSqFt’s software products are used primarily during the design, pre-construction, and procurement
stages of construction, and are designed to help users identify project leads and product sales opportunities, network with other construction professionals, manage the
bid solicitation process, and view and share digital
drawings
Drawing is a form of visual art in which an artist uses instruments to mark paper or other two-dimensional surface. Drawing instruments include graphite pencils, pen and ink, various kinds of paints, inked brushes, colored pencils, crayons, c ...
and
specifications
A specification often refers to a set of documented requirements to be satisfied by a material, design, product, or service. A specification is often a type of technical standard.
There are different types of technical or engineering specificati ...
.
Mergers and acquisitions
From 2004 through 2009, iSqFt acquired a number of smaller or regional competitors, including:
* BuildPoint (Redwood Shores, Calif.), a provider of online bid management services for general contractors
* US Projects (Omaha, Neb.), a regional provider of online planning-phase project leads
* BidFax (Memphis, Tenn.), a bid management client software application
* BidNews Construction Reports (Tulsa, Okla.), a regional provider of bidding-phase project information
* Plan Express (Memphis, Tenn.), a web-based document-sharing network
In 2006, iSqFt merged with Denver-based competitor Northstar Exchange Corp. (also known as Construction Information Network or Construction News Service).
In 2016, iSqFt became a part of ConstructConnect as a result of a merger with BidClerk,
Construction Data and
Construction Market Data.
Awards and recognition
In 2004, iSqFt was named one of
Inc. magazine
''Inc.'' is an American business magazine founded in 1979 and based in New York City. The magazine publishes six issues per year, along with surrounding online and social media content. The magazine also produces several live and virtual events y ...
's 500 fastest-growing private companies in the country, ranking 50th on the list and first overall in the construction industry. The company appeared on the list again in 2005, after posting a three-year growth of 763%.
In 2009 and 2011, iSqFt was included on the Cincinnati Business Courier’s list of the fastest-growing companies in Greater Cincinnati.
In July 2015, iSqFt was named to the Constructech 50, a list of “the most influential construction technology providers with a strong and ongoing market presence.” Previously, iSqFt’s software application for subcontractors won a 2011 Constructech Magazine Top Products award.
References
{{reflist
Companies based in Cincinnati
Companies established in 1993
Construction software