Monday, August 23, 2010

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iwmsnews


Manhattan and ESRI Strike Strategic Partnership

Posted: 23 Aug 2010 07:33 AM PDT


BOSTON, Aug. 23 –Manhattan Software, global leaders in computer-aided facility management (CAFM) and integrated workplace management systems (IWMS), announced today that it has become an Esri Gold Tier Partner.  Through this partnership, the integration of Esri’s geographic information system software (GIS) with the Manhattan Software solution is maximized, enabling advanced analytics and geospatial visualization of facilities information.

Esri GIS and Manhattan CAFM/IWMS are complementary technologies that, when integrated, can be used by both facility managers and corporate real estate professionals to expand and enhance the analysis and reporting of data typically contained in IWMS and CAFM solutions.  This integration supports real estate lifecycle planning and management, provides financial business intelligence in strategic ‘what if’ scenarios, and allows users to analyze and visualize space and occupancy data at levels that include both campus and global scenarios.

By integrating the analytical capabilities of Esri Business Analyst and ArcGIS Server, Manhattan supports a variety of business processes, including:

  • Site selection
  • Market & customer analysis
  • Financial analysis of location-based decisions
  • Environmental accounting for real estate projects
  • Sustainable reporting, carbon footprint reduction
  • Energy cost monitoring
  • Visualization of geospatial data

“Manhattan is delighted to partner with Esri and we look forward to working more closely with this amazing company in the months and years ahead,” said Manhattan Group Managing Director, Steve Vatidis.  ”This is a very strategic relationship for our company, particularly in our work with government (federal, state, county and local), corporate, institutional, higher education and retail customers.  Being able to offer users of Manhattan and Esri solutions the ability to visualize both exterior and interior data on the built environment and do sophisticated location analysis with Esri’s geospatial tools is critical for today’s emphasis on business intelligence for competitive positioning.  The combination of mapping intelligence with environmental information furthers the capability of the Manhattan Green Real Estate and Asset Technology (GREAT) initiative.”

“We are pleased to have Manhattan Software in the Esri Partner Network,” said Jack Dangermond, Esri President.  ”The CAFM and IWMS markets have great growth potential for us and we are excited to bring solutions to customers that leverage the power of Manhattan’s real estate and asset technology integrated with Esri’s geospatial visualization and analysis.”

About Manhattan Software

Manhattan Softwareis the #1 global full service corporate real estate, facility management, property management and enterprise asset management software company.  Manhattan is focused on creating competitive advantage for its clients.  Manhattan Software offers two product suites: Manhattan, an Integrated Workplace Management Solution (IWMS) and CenterStone, the leading Computer Aided Facility Management (CAFM) software product.  As an integrated suite of products, Manhattan improves clients’ performance by enabling seamless management of all aspects of their real estate operations and portfolio. Manhattan is an advanced, web-based real estate lifecycle solution that readily integrates into an organization’s existing infrastructure.

For additional information, visit www.manhattansoftware.com.

About Esri

Since 1969, Esri has been giving customers around the world the power to think and plan geographically. The market leader in GIS, Esri software is used in more than 300,000 organizations worldwide including each of the 200 largest cities in the United States, most national governments, more than two-thirds of Fortune 500 companies, and more than 7,000 colleges and universities. Esri applications, running on more than one million desktops and thousands of Web and enterprise servers, provide the backbone for the world’s mapping and spatial analysis. Esri is the only vendor that provides complete technical solutions for desktop, mobile, server, and Internet platforms. Visit us at www.esri.com/news.

Esri, ArcGIS, and www.esri.com are trademarks, registered trademarks, or service marks of Esri in the United States, the European Community, or certain other jurisdictions.

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Webinar: Strategic Insight for Informed Real Estate Decisions

Posted: 23 Aug 2010 05:30 AM PDT


Business Integration Group, Inc. (i.e. BIGe) has made available an informative webcast detailing how Integrated Workplace Management Systems (i.e. IWMS) help organization's improve the planning, management and oversight of facility and real estate operations IWMS: Strategic Insight for Informed Real Estate Decisions.

During the webcast, Featured Analyst Firm Gartner, Inc., and Business Integration Group, Inc. provide an introduction to the IWMS concept; discuss why organizations seek these solutions; offer insights to determine the current state of real estate technology readiness; and review some of the considerations and options for deployment.

The webcast commences with a straightforward introduction to the IWMS concept and focuses on why real-time strategic insight is essential for organization's seeking to optimize decisions across the real estate lifecycle. It additionally sheds light on the importance of efficiently organizing and presenting relevant data to enable cross-functional collaboration among project, lease, transaction, facility and sustainability professionals; whether at the office, searching for a new site, or operating from alternative workspace locations; to achieve maximum productivity.

These and other insights can be viewed at the webcast link above.

Further information:  contactus@bigcenter.com (www.bigcenter.com)

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Are You Ready? The Role of Information Systems to Develop a CRE Strategy and Support Your Organization

Posted: 23 Aug 2010 03:30 AM PDT


The following post was written for corporate real estate executives to relate the importance of information systems to succeed in their role managing their organization's portfolio leased and owned facilities. By Larry Simpson, CRE3 Consulting

Are you ready?

More to the point, are your information systems ready?

Ready for what you ask?

Ready to provide you and your organization with the critical actionable business intelligence needed to address the convergence of issues facing CRE professionals today:

  • The intensifying focus real estate will receive from the senior management as a result of the sweeping accounting changes coming into effect in January, 2012 that will capitalize future rent obligations bringing millions/billions of dollars onto the balance sheet;
  • The increasing need for organizations to reduce real estate related operating expenses through lower occupancy costs; and,
  • The desire among corporate leaders to achieve environmental sustainability through LEEDS certified design principles, effective energy management and building efficiency.

Each of these dynamics on their own offers unique challenges but, the combination will demand visibility of costs down to the invoice level. And, summary level "executive dashboards" to measure, manage and act by implementing initiatives that will deliver desired results.

Increasing Demands

This "thirst for data" will place demands on your information systems like never before. It will require a massive aggregation of information from RE/FM point solutions, IWMS systems, your company's ERP system, energy utilization and materials management systems and the now famous "super duper, one-off, excel spreadsheets" or legacy access databases that too many people currently rely on.

Compounding the challenge of tapping into these potential sources is whether you have consistent data across the portfolio on properties you self manage and those you don't.

WOW! A daunting task indeed. The key for you and your CRE team is to access, source and deploy a solution or solutions that calculate the components that comprise your total costs of occupancy and measure the financial performance of all owned and leased facilities.

As importantly, these solutions will help you answer the inevitable questions you will be asked in the coming months:

  • "what is our total costs of occupancy and how can we reduce it?"
  • "what is the future rent obligation of our leased facilities?"
  • "how can our real estate assets contribute to achieving environmental sustainability?"

My suggestion is to get ready, NOW!!! Don't wait to be asked.

The steps to get ready may include:

  • Create a multi-disciplined team of professionals (RE, FM, Accounting, IT, Operations, outsourced service providers, etc.) to fan out across the enterprise to assemble the data
  • Work backwards from the reports being demanded by senior management to populate the detail under the column headings
  • Determine where the occupancy cost information is currently being held and figure out how you can access it
  • Develop the key performance indicators required to make strategic decisions – you can't manage what you can't measure
  • Prepare reporting mechanisms for the data senior management hasn't asked for but will need to get an accurate picture of facility operating costs
  • Develop a plan to get clean, reliable and consistent data across the entire portfolio (don't underestimate how hard this one will be)
  • Focus energy on displaying the synthesized data – what will the dashboards look like
  • Make an honest assessment of your current systems and get the necessary budget to fund a comprehensive information system or integrated solution that will deliver the metrics to develop and implement a CRE cost reduction strategy
  • Get a clear understanding of the reporting demands you will need to comply with the changes to the lease accounting standards
  • Establish a rigid and attainable time line to complete the process
  • GET GOING NOW

Our industry has never been challenged as much for information than now. The 'back of napkins' and 'shoebox records' won't work anymore. Management will demand a higher level of sophisticated reporting that we've never seen. The time for action is NOW…

Are you ready?

Larry Simpson
CRE3 Consulting
larrysimpson@CRE3.net
www.CRE3.net

For more blog posts please visit http://CRE3.wordpress.com

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