Enabling companies across a broad range of industries to drive efficient operations through the use of market-leading, integrated software.
Eleco plc (AIM: ELCO) is a specialist international provider of world-class software and related services, supporting the built environment through its operations in the UK, Sweden, Germany, Netherlands and the USA.
The Group’s software solutions are used throughout the building lifecycle from early planning and design stages through to construction, interior fit out, asset management and facilities management to support project management, estimation, visualisation, Building Information Modelling (BIM) and property management.
Our business model
We create stakeholder value by investing in the research and development of our software solutions which are sold directly in our core markets of the UK, Sweden, Germany, Netherlands and USA and indirectly through our international reseller partner channel.
- 1895 founded
- 1939 listed London Stock Exchange, UK (LSE:ELCO)
- Head office, London, UK
- Offices in UK (5), Sweden (5), Germany (4), Netherlands (1), USA (1), Belgium (1), Spain (1)
- Core geographic markets: UK (incl HQ), Sweden, Germany, the Netherlands, USA for direct sales
- Increasing indirect sales expansion into additional European and international markets including Australia and New Zealand via our network of approved reseller partners.
251 employees (as of 01 Sept 2020):
- 82 client services/ client facing
- 66 software development
- 58 sales, business development and marketing
- 45 management and administration
- Over 90% of the UK’s top 100 main construction contractors use Powerproject
- 7 of the UK’s top 10 retailers use IconSystem
- 40 of the top 50 construction companies in Sweden use Eleco software
- 16 of the top 20 installation companies in Sweden use Eleco software
- 14 of the top 20 construction companies in Germany use Powerproject
- 70% of flooring manufacturers in the EU use our visualisation software
- 31% of the ENR Top 100 use Powerproject
- 82 of US ENR 400 use Powerproject
Eleco’s vision is to be the go to software provider across the full lifecycle of the built environment.
Our history
1895
Company founded as The Gilbert Arc Lamp Company, Chingford, Essex, later moving to the Roman market town of St Albans, Hertfordshire, UK.1920
The company was renamed as the ‘Engineering and Lighting Equipment Company’ (ELECO).1939
Eleco incorporated on the 11 July.1939
Eleco listed on the London Stock Exchange 26 July.1960
Eleco undertakes its first acquisition in Bell & Webster Industries Ltd, which establishes Eleco as a supplier of structural systems.1989
Eleco continues to grow with new partnerships in Munich, Budapest, Johannesburg and Kuala Lumpur. The company also begins supplying cable tray products for major UK civil engineering projects such as the Channel Tunnel.1994
Eleco Technology is formed to focus on R&D for Eleco Group and the development of specialised construction software.1999
Eleco establishes a permanent presence in Germany following the acquisition of ActiveOnline in 8th September.2000
Consultec UK (Merged with Elecosoft UK).2001
Eleco aquires ElAnalys AB (merged with Elecosoft Sweden).2002
Eleco enters the software market with the acquisitions of ESIGN Software GmbH (Germany) and the Consultec AB (Sweden).2003
Eleco expands portfolio in Germany with the acquisition of Eleco Software GmbH.2004
Eleco acquires Eleco Software UK and Tendata AB (merged with Elecosoft Sweden).2005
VVS-I acquired and merged with Elecosoft Sweden.2006
Eleco plc acquires the British company Asta Group Limited and its Powerproject software.2009
Asta Development GmbH and Aprisoft purchased in Germany.2010
Eleco acquires Lube Konsult AB (merged with Elecosoft Sweden).2012
Eleco acquires Novator AB (merged with Elecosoft Sweden).2013
Eleco divests remaining building systems and precast concrete businesses, making Eleco a software focused Group. ELECO also purchases Wagermeyer, Germany.2015
ELECO changes name to Elecosoft as decided at the 75th Annual General Meeting. The change reflects new software portfolio, providing a clean and clear message across all companies working for Elecosoft.2016
Elecosoft acquires IconSystem (UK), providers of building specification and information management systems and Asta Development BV in the Netherlands.2018
Elecosoft performs two major acquisitions: Shire Systems Limited (ShireSystem), a leading UK provider of computerised maintenance management software (CMMS); and Active Online, a German visualisation software business specialising in soft furnishings and materials for photographic room scenes using AR and VR technologies.2019
The company celebrates its 80th year of incorporation and listing on the London Stock Exchange.2020
Elecosoft plc rebrands to Eleco plc.Our values
Teamwork
Staff drive Eleco. We respect and value our people, encourage their development, and reward their performance.
Customer centricity
The customer is at the centre of everything we do. Close, long-lasting relationships make a difference to our software, training, support and consultancy services, ultimately powering customer success.
Trust
We focus on delivering benefits; our customers trust the company and our technology to add value.
Flexibility
Our software has the scalability to grow with companies, despite changing priorities and evolving business landscapes. There is flexibility in our licensing models and customer support, including online and classroom options for customer training.
Innovation
Customer demand drives us to continuously develop new software features and services. It is important for us to stay at the cutting edge of the market, outpacing competitors with new functionality that enables customers.