Discover the full forms of BMC in medical, municipal, education, and more. Get clear, student-friendly definitions for exams and projects. BMC Software , Inc. is an American multinational information technology (IT) services and consulting, and enterprise software company based in Houston, Texas. [citation needed] BMC Full Form - Earlier BMC was pertaining to as Bombay Municipal Corporation or the municipal corporation of Great Mumbai. Moreover, after 1996 the name was set to BMC . It’s the governing structure of Mumbai, the capital state of Maharashtra. What does BMC mean? Brihanmumbai Municipal Corporation ( BMC ) or Municipal Corporation of Greater Mumbai (MCGM), formerly known as Municipal Corporation of Greater Bombay (MCGB), is the civic body that governs the city of Mumbai, India.