Collaboration, Management and Control Solutions CMCS, a project management information systems solutions provider, announced the signing of a new agreement with Altus Group, a provider of independent advisory services, software and data solutions to the global commercial real estate industry. The agreement will allow for joint business development and sales of Altus Group’s Argus Developer products in the Middle East and North Africa region and India.
Argus Developer is a single platform to model, forecast, manage, analyse and report on commercial real estate development project cost and cash flows, from project inception and feasibility through to planning, execution and completion. Under the newly signed agreement, CMCS’ expertise, combined with Altus Group’s experience in providing technology for real estate investment, asset management and development lifecycle management, is expected to create a unique offering to the MENA and Indian commercial real estate and construction markets.
Bassam Al-Samman, CEO of CMCS said, “The company’s continuing success and growth is predominantly attributed to its clients, partners and team members, all of whom have relentlessly strived to deliver a successful and valuable customer experience. We are excited by the formalisation of our relationship with Altus Group, which I am confident in seeing great benefit to us and the Indian and MENA markets.”
“To support our continued growth in the global commercial real estate market, the Altus Group is delighted to align with a strong, regional partner in the Middle East. CMCS’ proven track record of streamlining project management for construction industry customers and using data to deliver transparency and governance aligns perfectly with the capabilities of Altus Analytics,” concluded David Oates, Senior Vice President, International, Altus Analytics, the software and data solutions business unit of Altus Group.
CMCS has also announced that it will be running a series of training days in Dubai in December, tailored specifically for the development sector. The sessions will focus on feasibility analysis and development monitoring, and are designed for anyone looking to expand their knowledge and skills in these areas.
CMCS delivers PMWeb and Oracle Primavera solutions, project management training, and best project and risk management practices. Its project management information system solutions help capital-intensive organisations in the engineering and construction, infrastructure, oil and gas, power and energy and public sectors.