ValuD at IBM InterConnect 2017


March 19 – 23, 2017, MGM Grand & Mandalay Bay, Las Vegas, Nevada

IBM InterConnect is one of the largest events dedicated to Cloud, Internet of Things, and Watson. With over 25,000 attendees and 2000+ technical sessions, conducted by some of the most greatest and innovative minds in the business, InterConnect is the place to be to discover, learn and explore the best technology on the market.

As a premier business partner of IBM, ValuD will be participating as an IoT/Watson exhibitor and speaking at 3 breakout sessions including a joint session with IBM on lease accounting. You can find us at Booth 989 in the IoT/Watson section.

  • Session ID: 2879: Directions in Real Estate and Facilities Management
  • Session ID: 4471: TRIRIGA SaaS: Umpqua Bank’s Out-of-the-Box IWMS Implementation Story
  • Session ID: 4424: How Do You Manage Lands in a Cloud?

[Admin: This post is related to the 03.15.17 post by ValuD about managing lands in a cloud (Utah Department of Natural Resources’ TRIRIGA SaaS implementation), the 03.08.17 post by ValuD about Umpqua Bank’s TRIRIGA SaaS implementation, and the 03.02.17 post about the InterConnect 2017 Bootcamp labs.]

Continue reading

ValuD: Achieving workplace efficiency with IBM TRIRIGA


A remote or virtual workforce is a reality in today’s workplace. Be it downsizing, relocation or mergers and acquisitions, organizations must adapt to support and manage an increasingly flexible, mobile and distributed workforce…

How can you optimize your facility?

  • Identify the underutilized space in your facility: The first step is knowing actual space usage versus the actual space required. Under-utilization of physical space wastes energy and other resources.
  • Manage your space: Underutilized and poor-performing facilities offer major cost savings potential. Not only can you improve your current workflows to make better use of your shared resources…
  • Leverage flexibility: Relying on actual headcount of your employees in the physical office might not be enough in this flexible workplace era. You might need to monitor employee movement and occupancy…
  • Initiate strategic facility planning: Adopting a strategic facility management program can help you better align your organization’s core business goals with occupancy and other similar needs…

Continue reading

Tango engages BKD to assess compliance with FASB and IFRS lease accounting requirements


Tango announced today that they are the first vendor in the Lease Accounting space to receive independent verification from a top accounting firm that the lease accounting calculations in Tango’s solution are consistent with FASB Accounting Standards Codifications (ASC) 840 and 842, and International Accounting Standards Board’s IFRS 16, Leases

Unlike other solutions in the marketplace that will require retrofitting to ensure compliance, Tango’s Lease Accounting functionality was built from the ground up to comply with these requirements…

Tango’s lease solution has gained significant traction in the market, and has already been selected by several global multi-brand retail clients across the grocery, pharmacy, apparel, home furnishings and specialty retail verticals. These global customers require compliance to both US and international standards, and unique to Tango’s review process was the inclusion of IFRS standards.

The independent review assessed how Tango’s solution treats common scenarios that impact compliance including data capture, the operating/finance classification test, detailed accounting schedules and journal entries for both FASB and IFRS considerations…

20170304a

20170304b

[Admin: To see other related posts, use the Tango tag.]

Continue reading

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…

20170207a

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

Continue reading

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…

20170127a

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

Continue reading

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…

20170111a

Continue reading

ValuD: The Twelve Gifts of IBM TRIRIGA


Fueled by cocoa and memories of Christmas past, I’ve compiled the “Twelve Gifts of IBM TRIRIGA” for you to enjoy this holiday season, and throughout the New Year.

  • 1) Decrease real estate transaction time…
  • 2) Reduce vacancy rates…
  • 3) Eliminate budget overruns…
  • 4) Become an early adopter of FASB…
  • 5) Eliminate penalties and over-payments…
  • 6) Increase space utilization…
  • 7) Reduce asset downtime…
  • 8) Eliminate costly change orders…
  • 9) Reduce maintenance costs…
  • 10) Improve facility condition index…
  • 11) Improving site sustainability…
  • 12) Achieve ENERGY STAR rating…

Continue reading