Peter Cannone Takes the Helm as Newforma's New CEO
Peter Cannone Takes on CEO Role at Newforma
Newforma has appointed Peter Cannone as its new Chief Executive Officer, bringing a wealth of experience in scaling Software as a Service (SaaS) and cloud enterprises. With a solid background gained from past roles at various innovative companies, Peter is poised to propel Newforma into an exciting new chapter.
Peter Cannone's Vision for Newforma
Kevin Murray, the interim CEO, shared insights on Cannone's appointment, highlighting the potential for transformative change within the organization. "Peter's appointment signals a bold new direction for Newforma," he stated, emphasizing the need for innovative approaches to help teams tackle industry challenges, such as labor shortages and increased project complexity.
Enhancing Efficiency in Project Management
Newforma's solutions have already impacted over 16 million projects globally, demonstrating their effectiveness in managing extensive project data, reducing rework significantly, and enhancing overall construction efficiency. Under Cannone's leadership, the company aims to enhance its SaaS capabilities and deliver additional value to its clients.
Understanding the Market Needs
In addressing the challenges faced by construction teams, Cannone expressed his enthusiasm: "There's a massive opportunity ahead. Construction teams are inundated with data, leading to inefficiencies due to fragmented systems. Newforma connects the right information to the right people when it’s needed most, and I am eager to guide the company forward. My focus is to ensure our clients can navigate change effectively and achieve superior project outcomes."
Transforming AECO Workflows
Cannone's leadership is expected to enhance Newforma's mission of empowering design and construction teams through innovative solutions. As the AECO landscape continues to evolve, his vision will be crucial in shaping workflows that prioritize efficiency and collaboration.
About Newforma
Newforma stands as a leader in Project and Information Management tailored for the architecture, engineering, construction, and owner (AECO) sectors. For two decades, Newforma has equipped professionals to enhance productivity through connections to essential project information across more than 16.3 million projects worldwide. They provide cutting-edge solutions, both on-premise and cloud-hosted, that promote effective collaboration, quality assurance, and increased profitability.
Frequently Asked Questions
Who is Peter Cannone?
Peter Cannone is the newly appointed CEO of Newforma, known for his expertise in scaling SaaS businesses.
What is Newforma's core business focus?
Newforma specializes in Project and Information Management for the architecture, engineering, construction, and owner (AECO) industry.
How many projects has Newforma supported globally?
Newforma has supported over 16 million projects worldwide, facilitating effective project data management.
What impact does Newforma have on project efficiency?
Newforma's solutions help reduce rework by up to 40% and improve construction efficiency by as much as 30%.
What is the future vision of Newforma under Cannone?
Peter Cannone aims to enhance Newforma’s SaaS platform, ensuring construction teams navigate challenges and improve project outcomes effectively.
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