HERNDON, Va. (Dec. 10, 2003) -- Deltek, the ERP Vendor of choice for project-based businesses, today announced that it has teamed with Meridian Project Systems® (MPS), a leading provider of project management software and ASP solutions, to create a world class software and services solution for the $245 billion U.S. construction industry market, as estimated by McGraw-Hill Dodge in its 2003 report. This partnership expands Deltek's aggressive vertical market initiative into the architecture/engineering/ construction industry segment, where it has some 6,000 clients, and extends Meridian's best-in-class integrated project management suite for customers seeking optimal integration with financial systems.
Featured prominently in the partnership are Deltek's Costpoint®, a market-leading enterprise financial software solution for project-based businesses, and Meridian's Prolog® Manager, which provides complete project control by automating all aspects of the construction lifecycle, from project design to close-out.
In June 2003, Deltek successfully completed the certification process required to be an MPS Authorized DataBridge partner, which allows industry-leading vendors to develop and market integration capabilities for Meridian's project management applications. The new Deltek-Meridian integration turns cost commitment data created in Prolog Manager into pending Purchase Orders in Deltek Costpoint, saving countless hours of needless redundant data entry by accounting staff. Architecture, engineering, and construction companies can now easily synchronize, track and cost-effectively manage resources on intricate building projects, such as publicly-funded programs that have stringent fiduciary requirements and reporting.
One of the first clients to deploy the joint Deltek-Meridian offering is DMJM/JGM Management, which is managing the 10-year, $2.2 billion Los Angeles Community District project to refurbish and/or build nine California college campuses. DMJMH+N Inc., a subsidiary of AECOM Technology Corp., in joint venture with JGM Inc. manages the activities and accounting of nine project management firms, and multiple architect and construction companies.
"As the complexity of the building process increases, either due to size and scope and/or because of the public reporting and accounting requirements, Deltek and Meridian can streamline all of the variables," said Rick Lowrey, executive vice president, Deltek. "There are products on the market designed to deal with more straight-up projects, but when you are looking for a world class technology solution that delivers a fast, hard-dollar return on investment - nothing is better than the Meridian-Deltek combination."
Specific areas where the partnered offering can bring real return are program controls, such as scheduling and estimating, contract management, economic outreach provisos, and labor compliance regulations.
"By partnering with Deltek, we are able to provide our customers with a valuable solution for companies looking to streamline and enhance the integration of data between project and financial systems," said John Bodrozic, president and cofounder of Meridian Project Systems.
Meridian Project Systems® (MPS) develops project management solutions that improve financial performance and reduce risk on large corporate real estate projects and other capital-intensive construction initiatives. Over 8,500 of today's leading business enterprises, government agencies, and AEC (architecture, engineering, and construction) firms use MPS products to accurately plan, budget, and track all aspects of the real estate project lifecycle.
MPS is the first provider of enterprise business process management solutions utilizing Web Services in the corporate real estate arena. MPS is also unique in providing both self-hosted software and hosted ASP-based solutions, and ranks as the market share leader in project management software and collaboration software used by general contractors over $250 million in revenue*.
In the Business of Projects since 1993, MPS appeared on Inc. Magazine's INC 500 list of fastest growing companies in the United States in both 2000 and 2001. MPS is headquartered in Folsom, CA, with offices in Düsseldorf, Germany; and Vancouver, British Columbia, with additional representation through its global channel partner network in locations around the world.
*Statistics excerpted from CFMA's 2002 Information Technology Survey for the Construction Industry, fourth edition with the permission of the Construction Financial Management Association, Princeton, NJ, 609-452-8000.
With more than 8,000 customers, Herndon, VA-based Deltek is the number-five ranked provider of enterprise resource planning (ERP) solutions and the leader for professional services and project-based businesses. Founded in 1983, Deltek enables companies to maximize profitability and productivity, integrating all aspects of their businesses. Deltek focuses on the architecture and engineering, IT services, management consulting, construction, systems integration, and government contracting markets. Its clients include Bechtel, CACI, Centex, Computer Sciences Corp., HOK, and Verizon. Analyst firm TechnologyEvaluation declares Deltek "… the ERP leader for professional services industries and other companies focused on project-related work."
Deltek Enterprise™, Deltek Vision™, and Deltek GCS Premier™ power yriad of front- and back-office applications including accounting, billing, resource planning, budgeting and control, business intelligence, client relationship management and proposal automation, employee time and expense, HR management, procurement and materials management, and project management.
Visit www.deltek.com, or call 800/456-2009 in the U.S. or +44 (0) 20 7518 5010 in the U.K.
About DMJM Management
DMJM Management, an operating unit of DMJMH+N Inc, is one of the nation's top providers of program and project management services to public facility owners and is currently managing some of the largest programs in the country, including the Pentagon Renovation Program. Visit www.dmjm.com , or call 800/729-3656 (SAY-DMJM)