Eleco
Eleco plc is an AIM-listed UK SaaS provider of building lifecycle management software, offering CMMS (Pemac) and Project Portfolio Management (BestOutcome PM3, Kivue) to asset-intensive industries and built-environment enterprises across EMEA.
- Company typePublic
- Founded1895
- HeadquartersLondon, United Kingdom
- Headcount251–500
- GTM typeB2B
- OfferingSoftware
What Eleco does
Eleco plc is an AIM-listed specialist software provider headquartered in London, UK, serving the built environment and asset-intensive industries. The company was founded in 1895 and has evolved into a SaaS-focused software group operating with 251–500 employees under the Elecosoft operating name, with Pemac CMMS, BestOutcome PM3, and Kivue as principal product brands. Its core technology is a SaaS-based portfolio spanning Computerized Maintenance Management Systems (Pemac CMMS) and Project Portfolio Management (BestOutcome PM3 and Kivue), positioned under a unified building lifecycle management strategy.
The Pemac CMMS platform targets manufacturing, life sciences, energy, utilities, facilities management, and healthcare organizations with asset management, maintenance management, and reliability software. BestOutcome PM3 and Kivue extend the portfolio into project portfolio management, serving senior managers and C-Suite audiences at larger enterprises with customers including London City Airport, Aon, Bentley, Virgin Atlantic, and the Government of Jersey. Eleco has pursued an inorganic growth strategy, acquiring BestOutcome in June 2023 for an initial £4.825m and Kivue in February 2026 for £2.3m, retaining acquired brands and management teams to drive cross-sell within the building lifecycle portfolio.
Eleco generates revenue primarily through recurring SaaS subscriptions, complemented by enterprise field sales targeting mid-to-large enterprise customers. Recurring revenue is a stated strategic priority, and the company has progressively invested in customer support infrastructure (e.g., Pemac's 500+ self-service article platform). The company operates across multiple countries with a primary presence in the United Kingdom and broader EMEA footprint, though detailed geographic segmentation is not disclosed in source material.
Eleco firmographics
Firmographics- Name
- Eleco
- Legal name
- Eleco plc
- Website
- https://eleco.com
- Company type
- Public
- Founded year
- 1895
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Eleco plc is an AIM-listed UK SaaS provider of building lifecycle management software, offering CMMS (Pemac) and Project Portfolio Management (BestOutcome PM3, Kivue) to asset-intensive industries and built-environment enterprises across EMEA.
- Ownership category
- akta.pro rank
Eleco industry classification
Industry- Product category
- Building Lifecycle Management Software
- NAICS
- Software Publishers (5132), Software Publishers (513210)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Asset & Maintenance Management (EAM/CMMS) Platforms (HDAEAEAM)
- akta.pro secondary industries
- Enterprise Service Management (ESM) Platforms (HDAEALAB), Enterprise Performance Management (EPM) & FP&A Platforms (HDAEAEAK)
Keywords
Where Eleco is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Markets served
Eleco business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- SaaS Software Subscriptions: Recurring revenue from SaaS-based project portfolio management and CMMS software subscriptions. The company focuses on increasing recurring revenue through acquisitions of SaaS providers.
Go-to-market motion1 record
Eleco product offering
Product offeringCore offering
Eleco develops and supplies SaaS software for project management, building information modeling, asset management, property management and digital marketing, organized around building lifecycle management. Its portfolio includes the Pemac Computerized Maintenance Management System (CMMS) for asset-intensive industries and acquired Project Portfolio Management (PPM) solutions BestOutcome PM3 and Kivue, delivered as recurring cloud subscriptions.
Product overview
Eleco is a global leader in building lifecycle management software and CMMS/reliability solutions, serving the built environment and asset-intensive industries. The company operates a platform-plus-products architecture centered on its Pemac CMMS platform for computerized maintenance management, complemented by acquired project portfolio management solutions including BestOutcome PM3 and Kivue. These products serve manufacturing, life sciences, energy, utilities, facilities management, and healthcare sectors through a SaaS delivery model.
Differentiator
Problem solved
Functional benefit
Brands
- Pemac CMMS: Computerized Maintenance Management Systems (CMMS) and reliability software platform serving asset-intensive industries including manufacturing, life sciences, energy, utilities, facilities management, and healthcare.
- BestOutcome PM3
Products and services
- Pemac CMMS Computerized Maintenance Management System (CMMS) and reliability software platform serving asset-intensive industries including manufacturing, life sciences, energy, utilities, facilities management, and healthcare. Provides asset management, maintenance management, and reliability management capabilities delivered via SaaS.
- BestOutcome PM3 SaaS Project Portfolio Management (PPM) software providing project portfolio management, project tracking, and resource allocation capabilities. Acquired by Eleco to bolster its building lifecycle portfolio and increase recurring revenue, and operates as a complementary offering alongside Kivue.
- Kivue UK-based SaaS Project Portfolio Management software serving enterprise and government customers including London City Airport, Aon, Bentley, Virgin Atlantic, and the Government of Jersey. Complements BestOutcome PM3 and expands reach into senior manager and C-Suite audiences at larger enterprises.
Companies that use Eleco
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles2 records
Eleco technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Eleco partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Kivue LimitedcoreEleco acquired 100% of Kivue Limited, a UK-based SaaS provider of Project Portfolio Management software, for £2.3m (£1.84m in cash and 337,363 new shares worth £0.46m). The acquisition complements Eleco's existing BestOutcome PM3 solution and expands reach into senior manager and C-Suite audiences for larger enterprises. Kivue's operational management team is retained to drive joint PPM growth within Eleco's Building Lifecycle portfolio.
- BestOutcomecoreEleco acquired 100% of BestOutcome, a UK provider of SaaS project portfolio management software, for an initial consideration of £4.825 million in cash (with additional potential consideration of £500,000 based on future performance). The acquisition aims to bolster Eleco's building lifecycle portfolio and increase recurring revenue, with BestOutcome continuing to operate under its brand.
Scale indicators3 records
Recent moves4 records
Expansion highlights4 records
Eleco competitors and assessment
Company assessmentDirect peers
- Infor EAM: Infor EAM is a dedicated asset and maintenance management SaaS platform serving manufacturing, facilities, healthcare, and utilities — an apples-to-apples competitor to Pemac CMMS in target verticals.
- Planview: Planview is a specialist PPM/PPM-suite vendor serving mid-market and enterprise customers — closely comparable to Eleco's BestOutcome PM3 and Kivue offerings in both target buyer (C-Suite/PMO) and functionality.
- Procore Technologies: Procore is a leading SaaS provider for the construction and built environment, offering project management, project portfolio oversight, and asset workflows that directly overlap with Eleco's building-lifecycle PPM/CMMS positioning.
Broad incumbents
- Oracle Primavera: Oracle's Primavera Unifier/P6 is a long-standing enterprise Project Portfolio Management suite used in capital projects and built-environment programs, competing head-on with BestOutcome PM3 and Kivue on larger enterprise deals.
- Autodesk Construction Cloud: Autodesk Construction Cloud (BIM 360 / ACC) is a leading SaaS platform for design, build, and operate workflows in the built environment — overlapping with Eleco's building-lifecycle software thesis and customer base.
- Bentley Systems: Bentley Systems provides infrastructure engineering and asset-performance software widely used in the built environment; it overlaps with Eleco's building-lifecycle portfolio and is also a customer of Kivue, illustrating buyer/supplier adjacency.
- Trimble: Trimble's construction and built-environment software suite (including project management and asset lifecycle modules) competes with Eleco's portfolio across the design-build-operate continuum.
- SAP Enterprise Asset Management (SAP PM / S/4HANA EAM): SAP's EAM module, part of S/4HANA, is widely deployed in asset-intensive industries for maintenance and reliability — directly comparable to Pemac's value proposition and bundled into much larger enterprise deals.
- IBM Maximo Application Suite: IBM Maximo is a dominant enterprise EAM/CMMS platform used in asset-intensive industries (utilities, manufacturing, facilities, healthcare) — the same verticals Eleco's Pemac CMMS targets — making it the principal incumbent competitor in CMMS.
Emerging players
- ServiceNow: While ServiceNow is primarily an ESM/ITSM platform, its Strategic Portfolio Management (SPM) module is an emerging entrant into the PPM space, increasingly competing with BestOutcome/Kivue in mid-market and enterprise deals.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Eleco social profiles
Digital presenceEleco financial estimates
Financial estimateRevenue estimate
Valuation estimate
Eleco leadership team
Management profileNumber of profiles
Profiles1 record
Eleco subsidiaries and ownership
Company hierarchySubsidiaries3 records
Eleco funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Eleco M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Eleco
What does Eleco do?
Eleco develops and supplies SaaS software for project management, building information modeling, asset management, property management and digital marketing, organized around building lifecycle management. Its portfolio includes the Pemac Computerized Maintenance Management System (CMMS) for asset-intensive industries and acquired Project Portfolio Management (PPM) solutions BestOutcome PM3 and Kivue, delivered as recurring cloud subscriptions.
Is Eleco a public or private company?
Eleco is a public company. It is classified as public and is currently operating.
When was Eleco founded?
Eleco was founded in 1895. It employs 251 to 500 people.
Where is Eleco based?
Eleco is headquartered in London, United Kingdom, in the Europe region.
How does Eleco make money?
One revenue line is on record: saaS Software Subscriptions.
Who are Eleco's main competitors?
Direct peers on record are Infor EAM, Planview and Procore Technologies. Broad incumbents are Oracle Primavera, Autodesk Construction Cloud, Bentley Systems, Trimble, SAP Enterprise Asset Management (SAP PM / S/4HANA EAM) and IBM Maximo Application Suite. ServiceNow is listed as an emerging player.
Does Eleco have an API?
No public API is recorded for Eleco.
What industry is Eleco in?
Eleco's product category is Building Lifecycle Management Software. Its primary akta.pro industry code is HDAEAEAM, Asset & Maintenance Management (EAM/CMMS) Platforms, with a secondary code of HDAEALAB, Enterprise Service Management (ESM) Platforms. Its NAICS code is 5132 and its SIC code is 7372.