March 16, 2015 - Emerges as the Most Complete and Trusted Partner for Optimizing Real Estate and Facilities Management Performance
AUSTIN, Texas—March 16, 2015—Across all metrics, 2014 was an impressive year for Accruent, the fast-growing and largest independent provider of real estate and facilities management software. The company’s important milestones in the past year include major growth in revenue, bookings, and headcount; exciting new product lines for the real estate and facilities management industries; and strong growth among new customers as well as its existing user base. Achievements in 2014 include:
Accruent provides market planning, site selection, project management, lease administration, capital planning, facilities and space management software that is purpose-built for specific industries to deliver greater customer value. According to the International Facility Management Association (IFMA), organizations worldwide invest more than $100 billion annually on renovating and maintaining their facilities and related assets. By delivering cloud-based software solutions and services, Accruent empowers organizations to achieve best-in-class financial and operational performance.
“I couldn’t be more proud of the accomplishments and financial value that our customers delivered to their organizations in 2014,” said Mark Friedman, CEO, Accruent. “With expanded products, services and employees, Accruent is now the world’s most trusted and complete partner for optimizing real estate and facilities management performance. We thank our customers for their trust and partnership, and look forward to continuing this trend for many years to come.”
In 2014, Accruent made significant investments to bolster its leadership team and enhance the working environment for its growing employee base. Key advancements include:
“Our investments in growth and innovation to ensure a complete set of solutions helped our customers realize tremendous business value in 2014,” said Wayne Roberts, COO, Accruent. “We had strong customer acquisition across all industry segments and we delivered 27 key product releases, in addition to acquisitions of Four Rivers, SiteFM and VFA. We plan to continue to invest in research and development, internal culture and talent strategy initiatives, and to seek strategic partners or acquisitions to extend our reach deeper into Europe, Asia and Latin America. With our success in 2014, we are well positioned to grow our business in 2015 and beyond.”
Accruent helps real estate and facilities leaders deliver long-term, world-class operational and financial performance through industry-specific suites that deliver greater customer value. Accruent’s solutions are at work in more than 4,300 leading organizations worldwide, including 40 percent of the top 100 retailers, 20 percent of the Fortune 500, 40 percent of the leading universities, all of the top 4 U.S. wireless carriers, 40 percent of U.S. hospitals, and leading service providers managing more than 4 billion square feet of property. Founded in 1995, Accruent is headquartered in Austin with U.S. offices in Santa Monica, Evanston, Columbus, Pittsburgh and Boston. Outside of the U.S., Accruent has offices in Vancouver, BC; Burnaby, BC; Calgary, AB; Vaughan, ON; Reading, UK and Hong Kong.