CCC Intelligent Solutions Inc. (NASDAQ: CCCS) announced that Elitek Vehicle Services, an LKQ company, has expanded its integration with the CCC Diagnostics Network. With this expansion, Elitek’s mobile sublet services can now be automatically added to CCC ONE workfiles. This enables Elitek’s mobile service collision repair customers to digitally capture diagnostics as well as non-diagnostics […]
CCC Reports 12% Revenue Growth in Second Quarter
CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) posted second-quarter revenue of $260.5 million, a 12% increase from the prior year, as several major insurance customers moved beyond pilot programs to broader deployments of the company’s AI-powered solutions. The Chicago-based software provider also reported adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $108.1 million, […]
CCC Appoints Tech Leader Barak Eilam to Board of Directors
Experienced executive brings expertise in enterprise software and scalable AI. CCC Intelligent Solutions Holdings Inc. (NASDQ: CCCS) announced the appointment of Barak Eilam to its Board of Directors. A seasoned technology executive and former CEO of NICE Ltd., Eilam brings more than two decades of experience in enterprise software, artificial intelligence (AI) and customer-engagement technologies. […]
CCC Supports Future Collision Repair Industry Workforce Through CREF
Company has supported the students and schools with scholarships, school grants and software donations. CCC Intelligent Solutions (NASDAQ: CCCS) has donated nearly $300,000 to more than 70 students through its scholarship program since 2006, making it one of the largest contributors to collision repair education funding according to the Collision Repair Education Foundation (CREF). The […]
CCC Launches Collision Repair Industry Pay Management Tool
CCC Intelligent Solutions Inc. (NASDAQ: CCCS) today announced the launch of CCC Pay Workflow, the industry’s first employee-facing pay management tool designed to ease payday discussions between collision repair technicians and payroll managers. CCC Pay Workflow reduces administrative burdens around payday, giving technicians more visibility into how they’re paid and providing managers with a digital […]
Repair Planning Software Donations Help Collision Repair Students Gain Industry Skills
More than 10,000 collision repair students gained access to current estimating software in 2024 through donations from three industry companies, according to the Collision Repair Education Foundation. Audatex, a Solera Company, CCC Intelligent Solutions (NASDAQ: CCCS) and Mitchell, an Enlyte company, donated software subscriptions to 543 schools in 47 states last year, providing students hands-on […]
CCC Partners with BMW to Help Drivers Connect with Certified Collision Repair Facilities and Take the First Step Toward Repair
CCC digital and AI solutions to support drivers after a collision as the number of promotionally priced OEM parts available to repairers triples. CCC Intelligent Solutions Inc. (CCC) today announced that it was selected by BMW of North America to help enhance the post-collision experience for its drivers. By integrating CCC technology into its customer-facing […]
CCC Joins AI Governance Alliance to Advance Responsible AI Across the Property-Casualty Insurance Industry
CCC Intelligent Solutions Inc. (NASDAQ: CCCS) announced today that it has joined the AI Governance Alliance (AIGA), a global multi-stakeholder initiative led by the World Economic Forum (WEF). The AIGA brings together more than 600 members from 500 organizations — uniting leaders from industry, academia, government and civil society to promote the responsible development and […]
CCC Reports Revenue of $251.6 Million in First Quarter
CCC Intelligent Solutions Holdings Inc. (NASDAQ: CCCS) today reported total revenue was $251.6 million for the first quarter ended March 31, an increase of 11% from $227.2 million for the first quarter of 2024. “CCC delivered strong first quarter results, highlighted by 11% year-over-year revenue growth and adjusted EBITDA margin of 39% – both above […]
Caliber Collision Renews Technology Partnership with CCC
Caliber Collision, the largest auto collision repair provider in the U.S., has extended its relationship with CCC Intelligent Solutions Inc. The renewed agreement includes Caliber’s continued use of CCC ONE solutions, with new additions of CCC Diagnostics Workflow and CCC Build Sheets across its repair facilities. “At Caliber Collision, we are committed to delivering the […]
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