NGKF VISION Real Estate solution is powered by IBM TRIRIGA


NGKF VISION Real Estate is powered by IBM TRIRIGA. This solution is not out-of-the-box TRIRIGA but rather a pre-configured solution incorporating NGKF best practices in service delivery. VISION Real Estate is a cost-effective, low-risk and schedule-friendly replacement for the myriad point solutions, spreadsheets and reporting applications utilized at most organizations. This tool supports the NGKF Integrator Model and NGKF Account Management services.

There’s a stigma in the industry about Integrated Workplace Management Systems (IWMS). Statistically speaking, many IWMS projects fail. Moreover, even when an IWMS project is successful only one or two modules are effectively utilized creating an expensive and ultimately wasteful technology point solution. Until now.

NGKF has reinvented how IWMS is delivered; providing clients a pre-configured solution built on a mature, commercial platform. NGKF VISION Real Estate is part of an integrated technology platform utilizing IBM TRIRIGA with NGKF best practices as well as features not available in IWMS; a supplier registration portal, a business intelligence solution and a suite of benchmarking and analytics tools.

NGKF has made the complex IBM TRIRIGA solution user-friendly, efficient, fast, and affordable. NGKF VISION Real Estate is even leveraged within NGKF’s own brokerage, project management, facilities management and lease administration user community. VISION Real Estate is implemented by CRE consultants with expertise in CRE service delivery, data management, and industry best practices…

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[Admin: This post is related to the 06.01.16 post about NGKF GCS and the acquired CFI team.]

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Planon: Who should own the Building Internet of Things?


With traditional FM systems now creating vast amounts of data, when should IT get involved? Who should own the Internet of Things? How should we assign control and responsibility for these new kinds of building equipment and systems? Are we facing a new period of clashes over the information itself? How do we address questions of legality, ethics, privacy and security that until now have not been part of the equation?

Evolving roles to keep up with the IoT

To begin with, we must keep in mind that building equipment and systems are only a subset of the Internet of Things, a phenomenon that includes all manner of personal and corporate property. For example, we have watched as our cars have transformed from simply mechanical tools of transportation into, essentially mobile computing devices that monitor their own performance, alert us of maintenance needs, and so much more. In adapting to this change, an element of an auto mechanic’s role has evolved into that of a computer technician…

So what of the assets themselves? As elevators become vertical circulation control systems and generators develop the ability to order their own fuel, they are in many ways becoming highly specialised computers. Elevators and generators will still need the typical maintenance protocols for their mechanical and operational characteristics, but now that same team will require new skills to maintain the computing aspects as well…

[Admin: This post is related to the 07.21.16 post about bringing value to IoT, and the 06.09.16 post about categorizing IoT “things” as “assets”.]

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[Admin: As a thought-provoking counterpoint, while IoT continues to struggle with smart homes, driverless vehicles, and security attacks, I explored the deeper and darker technopolitical possibilities of a technocratic IoT.]

Possibility of a global technocratic IoT?

Since the United States gave up its direct oversight of ICANN on 30 September 2016, it’s no longer so remote to imagine a scenario where a communist country is tempted to push its own authoritarian policy across the Internet through the more-corruptible “multi-stakeholder” ICANN model. Or launch DDoS attacks with massive Mirai-infected botnets powered by IoT cameras, televisions, even refrigerators

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FM:Systems guarantees the RightPath to IWMS success


FM:Systems uses RightPath, a proven process based on hundreds of successful projects and decades of experience. FM:Systems customers consistently find that their systems are deployed on time and within budget, with measurable results in time frames that are dramatically faster than those of competing products… On average, a standard implementation spans a 20-week period.

Unlike other IWMS products that have been assembled through mergers and acquisitions, all FM:Interact modules have been solely developed by the FM:Systems product team. FM:Interact was built from the ground up to adapt to our customers’ business processes. This avoids the high cost, long time frames and risk associated with customizing other IWMS products…

Out of the box, FM:Interact provides a comprehensive set of modules to support the key functions of real estate and facilities management including space management, real estate portfolio management, strategic planning, asset management, move management, facility maintenance, project management and sustainability…

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[Admin: This post is related to the 08.01.16 post about the competitors of IBM TRIRIGA.]

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ValuD: IBM TRIRIGA is the leader in IWMS


Did you know that 90% of all companies rely on point solutions to manage their asset portfolio?

The downside of this is unfortunately the lack of transactional transparency. With real estate becoming the third most valuable or expensive single asset in the balance sheet, an Integrated Workplace Management System (IWMS) is the need of the hour. By providing a single source of information for your asset portfolio, it can help your business achieve all your financial, operational and environmental goals.

So where does IBM TRIRIGA fit in?

With 750+ companies using IBM TRIRIGA worldwide (out of which 119 added in just the last 12 months!), it goes without saying that IBM TRIRIGA is the undisputed leader in the IWMS market today. This fact has been reiterated by research company Gartner in its popular magic quadrant, in which IBM TRIRIGA has yet again been positioned as a “Leader” for the year 2014. As the infographic points out, IBM TRIRIGA has been overpowering competition even from bigger players like Oracle and SAP while, at the same time, successfully resisting the challenges posed by niche players like Manhattan Software and Accruent…

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[Admin: This post is related to the 08.01.16 post about the competitors of IBM TRIRIGA.]

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FM:Systems & Planon can help universities optimize their space


FM:Systems: Universities Should Treat Their Space as a Strategic Asset

When it comes to talking about cost reduction in terms of space on university campuses, we really need to focus on two primary elements that can provide us with opportunities for reducing costs. The first strategy is to maximize the capacity of your existing space portfolio, and second would be increasing the utilization of the spaces that you already have in your physical space inventory.

  • Maximize the capacity of your existing space: The most common and simplest method of affecting capacity is to use a different method of arranging the spaces you currently have. This could be as easy as rearranging the existing furniture, supplementing it, or removing some to convert it from, for instance, classroom style to theatre seating…
  • Analyze the utilization of your existing space: A second approach can happen when you begin to analyze the utilization of your existing space, and plan for and schedule how you will increase the utilization of all your spaces, by maximizing the amount of time that they are used on a daily basis…

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Planon: Avoid Investing Blindly in Building Expansion

Universities often struggle to absorb the intake of new students, partly because of a drastic shortage of teaching space. At least, this is the picture universities themselves paint. However, is this really the case? Or could the problem be eased significantly by optimising the occupancy of the available space and facilities? In practice, a real estate manager or building owner can resolve three problems by making the best possible use of space.

  • 1. Inefficient occupancy of areas: Many organisations share the same challenge as universities – they need more space. An interesting fact in itself, because in many cases, they may have enough floor space without actually realising it. It could be that space just hasn’t been used efficiently…
  • 2. Wasting company resources: When a real estate manager or building owner has clear insight into the occupancy of areas, he might then decide that he needs to either expand his existing premises or invest in new real estate. That investment could be substantial and incur a long lead time…
  • 3. Improving the user experience: A third point is the user experience, as this can also benefit from space optimisation. Let’s stay with the example of universities. Frustration may set in when students and teachers have to spend considerable time looking for a free workplace or when they encounter double-booked meeting rooms…

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Selecting IWMS software for the best value management


About 80 percent of the global facilities marketplace is supported by just two Integrated Workplace Management Solution products, ARCHIBUS™ and IBM TRIRIGA™. Both are enterprise-class tools, marketed in topical modules and are designed for full-suite management of large complicated portfolios. Both have proven time-in-market performance, depth of support staff and have matured over time. Typical implementations usually start at about 500,000 square feet in building space and range up to global enterprises with 100 million square feet or more.

By comparison, the remaining 20 percent of the market is supported by hundreds of software companies. Most are single-function products managing leases, maintenance, equipment, space assignments, utilities, environmental, regulatory, moves or other isolated processes.

These smaller products are good, but serious issues emerge when compared against the big two. This software typically has far less track record in the market; there is less history for measuring staying power or version-to-version improvement over time. Similarly, the underpinning companies are limited, usually only a small team of developers and support staff. They may not be as well capitalized and there is risk for the buyer that these products will last a few years, then disappear.

This may not seem to matter, but is a critical consideration. Data assimilation, implementation and support costs will eclipse software costs by eight to twelve-fold. If software underperforms or if its developer company falters, replacement and repetitive migration costs to another product can be extreme. Staff will have invested in learning and managing by workflow processes that the software imposes; starting over (or changing products) results in lost effort that impact the bottom line…

[Admin: This post is related to the 08.01.16 post about the competitors of IBM TRIRIGA.]

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ValuD: The year 2016 in review


As we close out 2016, it’s exciting to look back and see the tremendous growth we’ve had this past year. From launching MobilD, the latest in IBM TRIRIGA mobility, to expanding our offerings with Maximo and the Internet of Things, we have strengthened our presence across the industry. Each milestone has been a part of ValuD’s long-term vision to expand our offerings beyond IBM TRIRIGA as we continue our journey to become the premier IBM partner offering IWMS, EAM and IoT solutions…

As we enter into 2017, we share our highlights from the past year:

The investment in Motors@Work: We began the year by venturing into the Internet of Things (IoT) – one of the hottest areas in the industry today. ValuD invested in Motors@Work LLC, a pioneer in motor and pump-driven system energy optimization and has provided product development, marketing and sales services.  Motors@Work™ is a multi-tenant, SaaS solution that leverages Department of Energy best practices and patent-pending technology to optimize motors and pumps performance and helps customers save up to 30% in energy costs.  With our December release, we have greatly increased the capabilities of the solution, including pre-built integrations with Maximo and the IBM Bluemix / Watson IoT platform…

We launched MobilD (Mobility Delivered), which was designed exclusively for IBM TRIRIGA. Developed by our in-house engineers at ValuD, MobilD bridges the gap between field work and desktop use with features like Self-Service Requests, Approvals and Work Order Management. We have already successfully deployed our mobility solution and welcome the opportunity to set up demos for you or your clients…

The growth of our educational offerings: ValuD has had an exceptional year with our educational initiatives with clients taking advantage of our training breadth. Some notable training clients include Pfizer, Johns Hopkins University-Applied Physics Lab, Flextronics, and Microsoft. Our new Lease Accounting course is in high demand. The two-day course is geared towards Lease Administrators and Lease Accountants who want to better understand and use the system given the new FASB standards. ValuD is looking forward to continuing its reputation in 2017 as the IBM TRIRIGA Training Academy with exciting new offerings on the horizon…

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