Newforma provides software solutions specifically designed for the architecture, engineering, and construction (AEC) industries, focusing on project information management. Their software helps professionals like architects, engineers, contractors, and project owners manage essential tasks such as Requests for Information (RFIs), submittals, and document control. Newforma operates on a software-as-a-service (SaaS) model, allowing clients to subscribe to their web-based tools for a monthly or annual fee, which ensures they receive continuous updates and support. Unlike many competitors, Newforma also offers educational resources, including live and pre-recorded webinars, to help clients effectively utilize their software. The company's goal is to streamline the management of project data and documents, making it easier for AEC professionals to collaborate and succeed in their projects.