May 4, 2010 - Accruent, the leading provider of Enterprise Location Management (ELM) solutions, announced general availability of Accruent 8 (A8), a landmark upgrade to the company’s suite for management of the end-to-end real estate lifecycle.
Accruent’s ELM suite provides retail and commercial tenants with an integrated environment to plan and execute their real estate strategies while driving down occupancy and maintenance costs. A8 extends these capabilities, and represents an upgrade path for users of Accruent’s REM, SLIM and RetaiLease products. These products introduced unsurpassed capability to manage real estate portfolios, and continue to support the needs of many of the world’s largest retailers and corporations. Now A8, the culmination of a multi-million dollar, multi-year investment program, establishes an even more capable solution using new, industry-standard technologies.
“The timing is right,” said Mark Friedman, Accruent founder and chief executive officer. “Our customers are recovering from the economic crisis with plans to emerge even stronger than before. But with leaner organizations than in the past, they want new, more streamlined tools that enable them to connect strategy with execution to deliver improved business performance. A8 represents a pivot point in the way we package and deliver our products. It provides customers with more control and more flexibility to pursue the pain points that offer the opportunity for the greatest savings, and it reflects a comprehensive effort to reduce or eliminate customer cost that does not drive customer value.”
Highlights of Accruent 8 include:
New Relationship Model:
Faster Time to Value:
Accruent solutions are used to manage more than 10 billion square feet of office and retail space, and to manage more than $250B in rent payments. A8 sets a new industry standard for functionality, performance and scalability. It would not have been possible without Accruent’s intensive collaboration with many of the world’s leading retailers, financial institutions and corporations to optimize the planning, construction and operation of their extensive property portfolios. A8 has been extensively tested in customer production environments and is available for immediate delivery.