May 13, 2013
Real Estate Technology expert and Lucernex President, Joe Valeri (see Joe’s management summary here), has written a Newsletter featuring Gartner research discussing, how Cloud and Mobile technologies impact Real Estate. Below is the Introduction to that Newsletter.
To get the complete Newsletter, which includes the featured Gartner research note titled “Predicts 2013: New Trends Bring New Challenges for IT Asset Management and Procurement”, go to the Lucernex Knowledge Base.
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August 8, 2012
Dallas, TX (August 6, 2012) – Lucernex Technologies announced today that one of the nations largest retailers has selected Lucernex’s cloud-based Lx Retail solution to manage its portfolio of over 450 big box and strip center locations in 45 states. Lx Retail will replace their legacy system Siterra.
“After we have completed this data conversion we will have successfully converted most major legacy lease administration systems at least once”, said Ken Brown, EVP and CIO of Lucernex, “our data conversion toolkit has proven successful in quickly and accurately converting any legacy system”. (more…)
May 7, 2012
Dallas, TX (May 7, 2012) – Lucernex Technologies, a leader in retail real estate solutions, announces the go-live of the rapidly growing restaurant chain, Buffalo Wild Wings (BWW), on its Cloud-based Lease Administration and Rent Accounting solution, Lx Contracts. Lx Contracts is one of four modules in Lucernex’s purpose-built Store Lifecycle Management solution, Lx Retail.
The project included a complete client product configuration and data conversion from a client / server legacy system (SLIM). Implementation also included extensive testing and training.
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April 10, 2012
Real Estate Technology expert and Lucernex President, Joe Valeri (see Joe’s management summary here), discusses the benefits of Tablet computers in real estate development and management and the impact of Tablets on the retail life cycle.
Can you believe it has only been two years since Apple introduced the first iPad?1
The use of tablet computers has rapidly increased since Apple released the first iPad in 2010. Gartner predicts that almost 119 million Tablets will be sold in 2012 and over 665 million will be in use by 2016.2
This trend is already beginning to impact retail real estate development and that impact will grow dramatically as Tablets become more and more ubiquitous.
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April 2, 2012
Real Estate Technology expert and Lucernex President, Joe Valeri (see Joe’s management summary here), discusses the history of retail real estate technology.
I recently wrote a new whitepaper detailing the progression of technology within the corporate real estate industry. The image below provides a summary of that history. This blog focuses on the newest technology, tablet computing, and how it’s already impacting retail real estate productivity.
March 1, 2012
Retail Real Estate expert and Lucernex CEO, Mike Nuzum (see Mike’s management summary here) along with IWMS, Store Lifecycle Management expert and Lucernex President, Joe Valeri (see Joe’s management summary here), discuss their perspective on the history of the Store Lifecycle Management (SLM) and Retail IWMS markets.
Typically in our blogs, we attempt to write an impartial analysis of the subject at hand and save the Lucernex marketing for the end. However, in this blog, the story of the SLM and Retail IWMS market is really the story of Lucernex so there is no way to separate the Lucernex details from the body of the blog.
This is the story of how the Retail IWMS market came about, from the perspective of several industry experts who work at or with Lucernex. As IWMS is a consolidation of the Facilities Management, Facilities Maintenance and Corporate Real Estate software markets, I am very sure there are other opinions from other vendors, especially from outside the retail part of this market, but here’s our viewpoint. (more…)
June 29, 2011
Retail technology expert and Lucernex President, Joe Valeri (see Joe’s management summary here), discusses one takeaway from the recent joint NRTA / Lucernex survey on retailer FASB readiness.
We recently concluded a joint survey with the National Retail Tenants Association (NRTA) focused on the retailers’ perspective of the impact of the FASB changes and their readiness for those changes. One of the great things about collecting this much data at once is that many different dimensions can be explored. The finding that intrigued me the most was HOW retailers are planning to solve the problem and WHO they were involving in the resolution. This finding accentuated for me the vast advances the retail industry has made in both technology and process integration over the past 10 to 15 years. (more…)
April 5, 2011
Retail IWMS expert and Lucernex President, Joe Valeri (see Joe’s management summary here), discuss the differences between Store Lifecycle Management (SLM) and Integrated Workplace Management Solutions (IWMS).
Since Gartner coined the term IWMS and lumped in all similar vendors including those focused on Store Lifecycle Management (SLM), it has become increasing hard to tell the difference between IWMS and SLM. Some companies provide SLM, or a point solution and call themselves IWMS and others are truly IWMS vendors and brand their product “SLM” within the retail industry. In truth, while there is an overlap of some of the core features there are marked differences in the needs of the end user, the focus of the applications and how the solutions were developed and are delivered. (more…)
March 1, 2011
IWMS expert and Lucernex President, Joe Valeri (see Joe’s management summary here), discuss the risk of NOT buying a Software as a Service (SaaS) Cloud delivered solution.
In October of 2005 Bill Gates sent a memo to Microsoft’s top management sounding the alarm that the rise of utility computing threatened to destroy its core business.1 Microsoft, at the time, was a pure perpetual software vendor, selling all their software to be installed on a customer computer or server and charging large fees up front with a small annual maintenance fee. This is the way virtually all vendors in the IWMS space continue to do business today – large upfront fees with even larger implementation fees to put software on several servers behind the corporate firewall where the company then has to allocate internal IT resources to manage and maintain the application. (more…)
October 26, 2010
IWMS expert and Lucernex President, Joe Valeri (see Joe’s management summary here), discusses the risks of upgrading your lease administration software.
Whether you have realized it or not, the “Y2K” of the lease administration market is upon us. When the new FASB guidelines get approved, virtually every company with lease administration software will now have legacy lease administration software that must be replaced. Most, if not all, of the products that have been out for more than a few years will either not be upgraded due to the age of the core technology or ownership changes or will be replaced by their vendor eventually with what is truly a new product, not an upgrade. (more…)
