History
A history of innovation at the foundation of many of the world’s largest construction projects
1990s
Deep roots in engineering and project management
Contruent Enterprise—formerly known as ARES PRISM project management software—was built by engineers, not to sell externally, but to use internally. Born out of necessity more than 25 years ago, when ARES Corporation—an engineering, risk and project management services provider—found that the cost management tools available in the market did not meet the company’s demanding needs.
1995
ARES PRISM launches to external customers
ARES Corporation develops the first version of ARES PRISM to meet the company’s exacting cost management performance specifications. This new software, created and designed by experienced project managers with decades of industry knowledge, is presented to the market to address the most difficult construction project challenges.
1996
First customer breaks ground
A major North American mining company becomes the first client to put ARES PRISM to the test, igniting an expansion of capabilities into procurement, materials management, engineering progress and estimating in complex, mega-construction projects.
2010
International expansion to meet demand
ARES PRISM addresses the service needs of a growing client base – driven by penetration into the infrastructure and rail industries – by opening offices in the United Kingdom, Australia, and Canada, as well as doing work in 26 other countries. Since then, ARES PRISM has become the leading software used in the largest rail projects around the globe.
2010
Major product enhancements developed
Answering market demand for a modern project management software solution, the product expands to include Cost, Engineering, Contracts, Procurement, Integrator, and Executive Dashboards.
2017
Expanded capabilities earn global recognition
As new functionality is added to the ARES PRISM suite, awards from across the globe—including AACE International’s Excellence in Cost Management award and the Global Award for Project Controls in a Mega Project at the Project Controls Expo UK—affirm ARES PRISM’s industry leadership.
2021
New investors, new leadership
ARES PRISM attracts strategic investment from growth equity firm M33 Growth, accelerating the company’s product development and driving continued expansion. With the retirement of founder Richard Stuart, the company welcomes experienced software executive Ryan Kubacki as its visionary new CEO.
2022
Opening of new global headquarters
ARES PRISM relocates from Burlingame, California, to new headquarters in Naperville, Illinois. This convenient location in the Midwest’s “Silicon Prairie” serves as a central hub for teams across North America and the globe.
2023
A new name for an industry-leading company
ARES PRISM is reborn as Contruent, launching a new name with an industry-leading new product, Contruent Enterprise. Contruent Enterprise is a culmination of our award-winning project controls software, full of industry best-practices built in.
Building on our 25-year history, Contruent is the lifecycle cost management solution that is faster to deliver across the entire project lifecycle for complex, mega-construction projects.