June 14, 2010

Single platform vs. multi-platform and why you should care

Real Estate Software expert and Lucernex President, Joe Valeri (see Joe’s management summary here), discusses the differences between a single platform and multi-platform Store Lifecycle Management (SLM)/Retail IWMS and why you should care.

Have you ever looked at an older house and noted how it’s had extensions added that don’t fit the original house? Whether it’s the pattern of the windows, the exterior surface or the shape of the extension that does not match you can tell it’s just not right and makes the whole structure look bad. Inside the house, the switch and outlet layout in the new rooms are different and the plumbing does not work as well as it did before. The air conditioning doesn’t get the house as cool and even the foundation of the house is cracking because the new and old sections are settling differently.
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May 24, 2010

A case for why integrated IWMS solutions are better than stand-alone real estate solutions

Lucernex expert and EVP Ken Brown’s (see Ken’s management summary here) provides a case for why integrated IWMS solutions are more beneficial than stand-alone real estate solutions or “Franken Products”.

When considering the purchase of real estate software point solutions such as Lease Administration, Project Management, Purchase Management, CMMS and Space Planning/CAFM it is helpful to understand the differences, benefits and challenges of a-la-carte options vs. an integrated suite of products. Individual software solutions are just that – products that are sold individually and have little to no compatibility with other product offerings. Product suites like an Integrated Workplace Management System (IWMS) are offered as an integrated group of solutions and give the user benefits such as flexibility, ease of use, common overhead, better support for system architectures and platforms. Vendors, like Lucernex Technologies, who build their systems from the ground up using one architecture, one database, one codebase and one common interface eliminate many of the problems encountered with so-called “best of breed” solutions. This blog will illustrate specific examples of why an integrated product suite such as IWMS is best:
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May 11, 2010

Joe Valeri in LowesforPros article

Lucernex President Joe Valeri is featured in an article released today on LowesforPros, a web publication. The article is titled The Benefits of Incorporating an Integrated Workplace Management System and focuses on the benefits of implementing and IWMS and how IWMS applications are replacing CMMS and CAFM solutions.

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May 3, 2010

Lucernex Technologies Promotes Howard Zola to Vice President, U.S. Sales

Howard Zola Heads up Sales Team for Real Estate Intelligence Software Developer

DALLAS – (May 3, 2010) – Lucernex Technologies, a developer of business intelligence software for real estate management and development, announced today that it has promoted Howard Zola to vice president of U.S. sales. In this position, Zola will lead the company’s domestic sales efforts for its suite of Location Performance Management products for the corporate and retail real estate industry.
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April 12, 2010

Why a single platform Store Lifecycle Management or Retail IWMS beats “best of breed”

Real estate software expert and President Joe Valeri (see Joe’s management summary here) discusses how integrated sales prediction modeling improves a Store Lifecycle Management (SLM) solutions or Retail IWMS.

There are many vendors of real estate software to choose from today. There are vendors that provide individual solutions for mapping and GIS technology, modeling technology, transaction management, site selection and project management technology and there are several vendors that provide individual applications for facility management and maintenance technology. Firms possessing multiple locations can choose to buy one application at a time selecting the “best of breed” to meet each major set of requirements. For example, it is very common for the construction department of multi-location firms to buy a construction project management system purely to meet that very specific need while the real estate department might choose a lease administration solution and a mapping solution and the facilities group selects capital projects and facilities maintenance applications. The groups buy based on a singularly focused set of requirements pay a fair price and implement their technology.
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March 31, 2010

It’s time to upgrade lease administration software now

Lucernex expert and EVP Ken Brown’s (see Ken’s management summary here) discusses why its time to upgrade your Lease Administration Software.

Real estate organizations have been using lease administration systems for years. What started out as a replacement for clunky, file-based records that were often misplaced and decentralized, modern lease administration systems have turned into centralized, decision-support databases that are critical to maximizing ROI of real estate assets. When these systems first appeared, simply having all of the key leased and owned data in one place and sharable across the organization was the primary goal.
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March 29, 2010

Store Lifecycle Management with Sales prediction – the Site ROI predictor

Lucernex expert and President Joe Valeri (see Joe’s management summary here) discusses how integrated sales prediction modeling improves an a Store Lifecycle Management (SLM) solution.

In my last Blog I discussed use of Lease Analysis integrated into Store Lifecycle Management to provide the cost side of an ROI prediction tool. Cost is only half the data needed however, an accurate and trusted prediction of sales is equally important.

Sales prediction modeling is a tool used by real estate organization with multiple revenue producing sites whether it is direct sales, cell phone contracts, walk-in patients, investment clients, or tuition payments. In all cases a picture of “the customer” must be produced, usually based on past location results or a client defined picture of their customer.
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March 22, 2010

Lucernex and Buxton form partnership

Lucernex and Buxton today jointly announced a partnership that will improve offerings for all corporate real estate software and intelligence customers. Read more about the details of the partnership.

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March 22, 2010

Why integrated Lease Analysis improves an IWMS

Lucernex expert and President Joe Valeri (see Joe’s management summary here) discusses how integrated lease analysis improves an IWMS.

It is a big step for many companies to implement an IWMS and to simply establish a single source of all location data. It can advance a companies effectiveness substantially with that first step of IWMS use. Once this has been done successfully though, users of IWMS systems start to come up with ideas of how the system can be used to further improve their internal processes and evaluate success. By having all the data in one place, hopefully organized by location, users can begin to apply decision tools to make better decisions.
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March 22, 2010

Lucernex Technologies and Buxton Announce Alliance

Companies agree to partnership that provides comprehensive software solutions with integrated prediction modeling to real estate professionals.

DALLAS, TEXAS, (March 22, 2010) — Lucernex Technologies, an innovative developer of business intelligence software for real estate management and development, today announced that it has entered into a partnership with Buxton®, the industry leader in customer analytics. This new partnership will provide clients of Lucernex and Buxton® with a wider array of software solutions that both manage the real estate lifecycle process and provide detailed financial models for customer behavior.
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