April 21, 2010

Ten Timeless IWMS Benefits

Originally published by IWMSNews. Written by Steven Hanks, founder of IWMSNews.

Integrated Workplace Management Systems help you to reduce costs while improving your carbon footprint at the same time. Although I could create a list of 100 IWMS benefits, in this list you will find the top 10 of timeless IWMS Benefits.

1. Streamline processes

In every organization there are a lot of processes that help individuals to optimize their contribution to the primary process. The ‘secondary processes’ are the domain of Facility Management and Real Estate professionals. These processes are everywhere around you. Integrated Workplace Management Systems can easily help you to streamline those processes.

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February 4, 2010

Optimizing and Globalizing Commercial Real Estate

Lucernex expert and EVP Ken Brown’s (see Ken’s management summary here) article written for IWMSNews: See the article here

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While no one can say for sure, it appears based on the recent positive GDP announcement, that the U.S. economy has bottomed out and we are now in the midst of what may be a longer and slower recovery when compared to past economic recessions. The events of the past 24 months have forced growth-minded real estate companies to re-examine or retool their business models to optimize efficiencies and harness opportunities. Economists believe future growth is expected to come from overseas markets, especially Asia and the “BRIC” nations (Brazil, Russia, India, and China).
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January 25, 2010

"Are Vista Equity Partners acquisitions a positive thing for the IWMS industry"

Lucernex expert and EVP Ken Brown’s (see Ken’s management summary here) response to IWMSNews post: See the post here
and the ICAMS Facility Leadership post: See the post here

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Having been involved with the IWMS industry for over 25 years, I have seen many trends come and go including some of the early attempts by the commercial real estate firms to enter the lease administration software business when outsourcing first appeared, to the focus on retailers, the shift toward real estate life-cycle and IWMS to the more recent set of events attempting to consolidate the industry. I sold my company, National Facilities Group, Inc. (the SLIM product) several years ago to Accruent and know what it means to be acquired and how it affects products and clients. In my case, there were a number of factors that made the event successful including the huge economic growth that was happening, the move to large suites of point-solutions – creating full real estate lifecycle applications and the fact that there was no clear leader in the space. (more…)

April 10, 2009

7 reasons why you should not customize your IWMS

Originally published in IWMS News, Posted on 10 April 2009

In most IWMS software selection procedures I’ve come across customers think they represent an unique business case. However, I’ve been involved in selection procedures for more than two decades now and I have come to conclusion that within the IWMS arena most business cases are for about 80% the same. Organizations that want to buy an IWMS could benefit enormously from off the shelf products based on best practices with predefined work flows, procedures and standardized configurations, potentially saving substantial resources both in time and money.

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