Posted on 06/27/2014

By Janet Vito, Director of Marketing
Yesterday we received the great news that Accruent was named a Leader by Gartner in their 2014 Magic Quadrant for IWMS. It is an honor and great accomplishment for us to be named in the report for the 10th consecutive year!

Gartner evaluated vendors on the ability to execute and completeness of vision, with Leaders having “strengths in applications and platform technology; they demonstrate high levels of quality in terms of product reliability and service; they have strong operational and organizational capabilities, financial stability and global reach; and they offer a strong vision of customers' needs, as reflected in a robust development road map.” In putting us among the top of IWMS vendors and awarding us its Leader designation, Gartner outlined our strengths to include:

  • Continued investment by TA Associates and Vista Equity Partners indicating continued strong financial resources boosting our long-term strategy for international growth,
  • Our commitment to moving to the cloud by becoming an all-SaaS IWMS supplier, and
  • Our continuing growth both organically and through acquisitions yielding financial stability and improved long-term viability.

The Gartner report is designed to provide insight to those managing any part of the facilities lifecycle — including executives in finance, IT, corporate real estate/property and facilities departments. It aptly describes the importance of IWMS:
“Effective management of the facilities life cycle — often an enterprise's second-largest expense — requires modular deployment of a strategic, integrated suite of functionality. Real-estate and facilities executives must act now to manage the risks and reap the rewards of this rich IWMS opportunity.”

Accruent is thankful for our investors, including TA Associates and Vista Equity Partners, as well as our customers that have provided invaluable feedback over the years to help us provide world class solutions. This is a win for everyone involved, and we will continue pushing ourselves to keep our Leadership standing in the future!
To learn more about Gartner Magic Quadrant reports, visit them here.