Verdantix Independent Benchmark Evaluates The Fourteen Major Vendors In the Global Market For IWMS Solutions
New York, August 22, 2017. The Verdantix report ‘Green Quadrant: Integrated Workplace Management Systems’ is the only independent benchmark of IWMS solutions available on the market today. The analysis offers a detailed comparison of the 14 strongest IWMS suppliers and their applications; it examines the vendors’ strengths and assesses their market momentum whilst exploring different usage scenarios. Results identify Accruent, ARCHIBUS, FM:Systems, IBM, MCS Solutions, Planon and Trimble as the seven market leaders. The study findings are based on a 111-point questionnaire, live product demonstrations and buying preference data from interviews with 19 customers across 10 industries. Also included in the study are IWMS solutions provided by Axxerion, FSI, iOFFICE, Indus Systems, Lucernex, Qube Global Software and Service Works Group.
“The market for IWMS is entering an exciting new phase, marked by a further convergence of solutions and a flurry of product investment as many of the major vendors grow revenues in the region of 20% year-on-year” commented Susan Clarke, Verdantix Senior Analyst and author of the report. “Buyers looking to replace a roster of legacy systems for managing real estate and facilities data have a lot of choice with all seven Leaders demonstrating an excellent breadth of functionality and strong market momentum. Other vendors should also be reviewed, as they have built up strong capabilities in areas such as employee engagement and smart buildings.”
Buyers looking to use the breadth of IWMS solutions should shortlist the following vendors who demonstrated strong functionality across all areas:
For buyers looking to use an IWMS platform to meet specific needs, additional shortlist recommendations are as follows:
• Real Estate, Leasing and Portfolio Management: Lucernex (now part of Accruent), Qube Global Software
• Capital Project Management: Accruent, IBM
• Space Management: FM:Systems, MCS Solutions
• Workplace Services and Employee-facing apps: FSI, iOFFICE, MCS Solutions
• Asset and Maintenance Management: Axxerion, FSI, Service Works Group
• Energy and Sustainability Management: IBM, MCS Solutions
“A major criticism of IWMS platforms in the past was a sense of the breadth of the applications hiding a lack of depth in the functionality. This is no longer the case. The 14 vendors in this Green Quadrant benchmark have credible products and sufficient resources to meet the needs of different real estate and facilities management software buyers. Many of them are investing 10-20% of revenues in product development as they look to address the major trends in real estate such as wellbeing, smart buildings and the IoT, employee engagement, new leasing accounting standards, and space optimization” commented Rodolphe d’Arjuzon, Verdantix Managing Director. But to select the best fit IWMS solution customers need detailed feature/function analysis and an unbiased assessment of the vendor’s future prospects. As an independent research firm, Verdantix is ideally positioned to cost effectively advise on vendor selection.
To get an in-depth understanding of the 14 most prominent IWMS solutions on the market and their product functionality, apply to attend the free Verdantix webinar: ‘New IWMS Solution Benchmark: How To Select The Best Fit Vendor’ taking place on September 28th.
Paige A. Rigas
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