Elecosoft Names Mark Chapman New Head of Innovation

Long-Time Industry Executive Brings Nearly 30 Years' Experience to Company

Elecosoft, an international specialist provider of software and related services to the built environment, today announced the appointment of Mark Chapman as Head of Innovation. Chapman brings almost 30 years of experience in the international construction industry to this newly created role at Elecosoft.

During his career, Chapman has focused on creating sustainable business benefits for project stakeholders using best practices and emerging technology. Over the last five years, he has worked on innovating new workflows to modernize traditional business processes and has done so for established technology companies, startups, and contractors.

Before joining Elecosoft, Chapman served as Planning Lead for The CIMIC Group, an engineering-led construction, mining, services, and infrastructure development leader. Working across all the group’s six companies, he was instrumental in developing efficient procedures and processes to improve profitability during project delivery and reduce exposure to time risk, achieving up to 30% time optimization during tender and project phases. Additionally, he helped identify and develop business improvement opportunities for the group.

“Mark has a unique perspective and understands our customers’ pain points and struggles,” said David Hernandez, Head of Elecosoft’s U.S. Operations. “Not only does he bring extensive industry experience, but he was also a champion for the use of Elecosoft software solutions at CIMIC, so he understands how to leverage the right industry solutions and software programs, coupled with industry best practices, for construction engagements.

“As Head of Innovation, he will help make the company a major player in transforming how technology is utilized to serve the industry. He challenges our teams to think differently, making sure we are not accepting the status quo of digitizing paper processes but creating better processes that provide project transparency, real time collaboration, actionable data, and intuitive analytics to help our customers improve productivity and profitability across their projects.”

Chapman will lead efforts focusing on five main areas of product innovation:
– Product growth: Leveraging kept technologies and market positions to drive business growth.
– Product vision: Thought leadership across target industries and markets. Technical communication throughout Elecosoft about product portfolio vision, strategy, and goals.
– Product design – Guardian of product design guidelines while supervising implementation in each product.
– Product alignment – Overseeing that each product and its features is realigned with group objectives.
– Product analytics and metrics – Compiling key metrics related to product, customers, and user activity.

“Elecosoft has a long-standing track record of excellence throughout the global construction industry, and I am proud to be part of the team,” said Chapman. “I believe my extensive experience in providing innovation, software, and solutions that drive real value for customers will be a great guide for me in helping Elecosoft improve its standing as a true market leader.”

Chapman received a Master of Engineering in Civil Engineering, Design & Management from the University of Wales.

Elecosoft LLC was established in 2021 as one of the operating brands of its parent company, Eleco (AIM: ELCO). Its mission is to focus on their growing U.S. presence by providing companies with market-leading, integrated software tools that support the building lifecycle across a range of industries to drive efficient operations. Elecosoft’s software portfolio is used during early planning stages through to construction and facilities management. Its flagship product, Powerproject, empowers better outcomes on projects of all sizes through its intuitive scheduling, 4D BIM integration, a mobile app, and resource management features. The company’s software solutions are created by highly skilled and innovative in-house developers in close collaboration with customers. Elecosoft also supports its customers with flexible training, technical support, and consultancy services, to maximize value. For more information, visit www.elecosoft.com.

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