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Accruent

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Accruent Company Research Report



Company Overview


  • Name: Accruent

  • Mission: At Accruent, our mission is to optimize workplace and asset management, unifying the built environment. They emphasize connecting people, systems, and data to enhance business productivity.

  • Founded: 1995

  • Key People:

  • Richard Leurig, President

  • Brooke Huling, Chief Product Officer

  • Kristi Jurecka, Chief Technology Officer

  • Headquarters: Austin, Texas, USA

  • Employees: No information is available

  • Revenue: No information is available

  • What the Company is Known For: Accruent is known as a leading provider of workplace and asset management software for unifying the built environment. They serve over 10,000 organizations in 150+ countries.


Products


Accruent offers a range of software solutions designed to integrate and optimize the lifecycle of assets and facilities.

1. EMS Software


  • Description: Desk, Room, and Event Scheduling Software

  • Key Features:

  • Streamlined scheduling for meeting rooms, events, shared spaces, and desks.

  • Powerful analytics and data-driven decision-making tools.

  • Integrations with systems like HVAC, lighting controls, and AV equipment.


2. Lucernex


  • Description: Real Estate Management Software

  • Key Features:

  • Lease administration and site planning.

  • Ensures compliance with lease accounting standards.

  • Robust reporting and analytics for real estate forecasting.


3. RedEye


  • Description: Cloud Engineering Document Management System

  • Key Features:

  • Manage engineering documents with access control and compliance.

  • Mobile access for in-field teams.

  • Integrates with ERP, EAM, and GIS systems.


4. Maintenance Connection


  • Description: Computerized Maintenance Management System (CMMS)

  • Key Features:

  • Streamlines work order management.

  • Supports preventive maintenance and inventory management.

  • Mobile app for real-time data access and updates.


5. Space Intelligence


  • Description: Integrated Space Management Software

  • Key Features:

  • Optimize space utilization and cost control.

  • Centralized analytics for real estate insights.

  • Scenario planning and strategic space allocation.


6. Observe


  • Description: IoT Remote Monitoring, Control, and Energy Management

  • Key Features:

  • Predicts asset failures and optimizes energy management.

  • Real-time monitoring and alerting.

  • Integration with existing systems and infrastructure.


7. TMS


  • Description: Healthcare CMMS Software

  • Key Features:

  • Maximize equipment effectiveness and compliance.

  • Mobile-ready for real-time work order management.

  • Integration with medical devices and healthcare assets.


Recent Developments



Product Launches


1. Space Intelligence - Accruent launched a solution to help organizations optimize underutilized offices and increase space efficiency.
2. RedEye - Enhanced integration for engineering document management with IoT systems.

New Partnerships


1. Alliot Technologies - To bolster IoT remote monitoring capabilities for retail environments.
2. Access IoT - Expanding energy management services across Denmark and the Nordics.
3. Jacobs - Addressing engineering document and compliance challenges in the pharmaceutical sector.
4. Streamnet Co. Ltd. - Enhancing corporate collaboration in Hungary.

Key Acquisitions


  • RedEye - Acquisition that enhances document management capabilities with a modern centralized hub.


Leadership Changes


  • Appointment of Richard Leurig as President.

  • Promotion of Brooke Huling to Chief Product Officer and Kristi Jurecka to Chief Technology Officer.


Industry Recognition


  • Accruent's IWMS product suite acknowledged in the Independent Analyst Firm’s Green Quadrant Report for its functionality and innovation.


Strategic Initiatives


  • Accruent emphasized leveraging cloud and AI capabilities through collaboration with Microsoft Azure to enhance product offerings and drive customer success.


Conclusion


Accruent has established itself as a key player in the realm of asset and workplace management solutions, offering a comprehensive suite of software that spans across diverse industries and geographies. Through strategic partnerships, product innovation, and executive leadership, Accruent continues to enhance its capabilities and market reach.