With 2010 behind us we are taking a few minutes to look book at our growth and where we are today. EADOC is now 5 years old, we have over 6,000 users using EADOC’s construction management software. Our revenue grew 53% in 2010 with the addition of 49 new projects/programs worth over $1.25B in construction value.
We replaced all the hardware in our data centers to improve application performance and provide capacity for our continued growth. 2011 is off to a great start with 6 new projects/programs worth $300M starting in January alone. We are seeing a very strong demand for EADOC’s collaborative construction management software that delivers immediate cost savings without the large investments found with traditional enterprise applications.
This success is due to our tremendously hard working team at EADOC and our clients who are looking for ways to quickly reduce their project costs and move the industry away from paper. Our customer support group continues to excel as we hear again and again how great our support is. We look forward to another great year as the Commercial/Industrial construction industry begins to recover from the recession.