Paris, France - July 12, 2009 - CTSpace, global provider of project document control and collaboration solutions for the design, engineering and construction of capital-intensive projects, today announced a deal with The French Programme Management organization Icade. CTSpace solutions will optimise Icade's document management and collaboration during the construction of the new Grace de Monaco hospital, in Monaco
A listed company since April 2006, Icade is a major player in the French property market. Its businesses cover the whole of the sector's value chain through investment, development and services. They mainly operate in the construction of housing, offices, business parks, shopping centres and public and semi-public property. Icade employs 3,550 people worldwide and in 2008 turned over €1,599m recording an EBITDA of €335m.
Icade has been awarded a further contract for a 13-year long project in Monaco, related to the construction of the new Grace de Monaco hospital. On completion, the whole development will exceed 100,000 m² over 17 floors, with 500 beds and 13 surgical units. The project will be conducted while the site is maintained in operation. CTSpace is working with Icade to facilitate collaboration on their projects and keep a complete audit trail of actions during the whole project lifecycle.
About CTSpace‘s Fusion solutions
CTSpace is unique in offering both online ‘software as a service’ (SaaS) solutions (FusionLive) and on premises enterprise solutions (FusionEnterprise).
FusionEnterprise® is a specialist Content Application for your Capital Projects and Operations that works hand-in-hand with your current ECM platform. It has been specifically designed to manage engineering documentation in the context of a construction project or operating plant or facility. It supplements an organization’s chosen ECM system (such as IBM FileNet®, EMC Documentum®, Microsoft SharePoint®, Oracle UCM®, or CTSpace’s Cimage®) with modules that optimize the business processes of an enterprise from top-to-bottom, from project management to workflow management. FusionEnterprise also provides a complete integration with CTSpace's dynamic Cloud-based Document Management & Project Collaboration solution FusionLive.
FusionLive® is a new Cloud-based Document Management & Project Collaboration solution, specifically designed for the construction and engineering industries. As a next-generation Software as a Service (SaaS) solution, FusionLive brings together advanced document management features from BuildOnline with the robust business processes of Citadon CW, while upgrading its user interface to the most state-of-the-art technology available today. It is hosted at several secure Data Centers around the world. It offers low cost of ownership and the system can be implemented within 24 hours. It takes literally minutes for any new organization to start collaborating on a project.
When integrated, CTSpace’s global solution provides a best practices environment that supports a project’s entire lifecycle: from design, through construction, and into operations and maintenance.
About CTSpace
CTSpace provides document control, cost management and business process automation solutions to companies with capital assets to design, engineer, construct and maintain in any location in the world. More than 145,000 professionals on 13,000 projects in 56 countries benefit through improved collaboration, enhanced ability to manage schedules and risks, and improved regulatory compliance. CTSpace is unique in offering both online ‘software as a service’ (SaaS) solutions and on premises enterprise solutions, the latter of which leverage an organization's existing investment in leading ECM platforms. CTSpace is part of the Group of companies. For more information, please visit www.sword-ctspace.com
About Group
Group (NYSE Euronext: FR0004180578 SWP) delivers high value business applications to the world’s largest companies globally. With operations in 37 countries, today employs around 1,700 people and generates more than $270m in consolidated revenue. An international leader in the delivery of Business Process Improvement solutions, Sword’s skills, infrastructure and experience help our customers across regulated industries optimize performance, increase efficiencies and maximize return on investment. With flexible delivery options, including On Demand and On Premises, combined with our extensive industry expertise, provides comprehensive support to customers across insurance & healthcare, energy, banking & finance, telecoms, utilities, engineering & construction and the public sector. For more information, please visit www.sword-group.com.
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Media contacts: Lydie Francart – Global Marketing Director, CTSpace
Tel: +33 (0)1 4467 2420 - lydie.francart(at)sword-ctspace.com