Manhattan Software Announces New Release of Manhattan Analytics
The Global Real Estate and Facility Management Technology Company Releases Second Version of Manhattan Analytics for Benchmarking and Optimization of the Workplace
Boston, MA - May 1, 2014
Manhattan Software, the world leader in real estate and facility management software, announced the arrival of the newest version of the Big Data and Analytics technology solution which includes benchmarking with other Manhattan clients’ data. Organizations now have a way to link real estate performance of their facilities, not just by tracking and comparing occupancy costs, but by being able to determine opportunities for enhancing new ways of working in the workplace.
“Companies are beginning to see a new emphasis- not only on strategy and finance in operations- but on the employee experience in the workplace,” commented Craig Gillespie, CEO of Manhattan North America. “Manhattan analytics service will allow the new Workplace Strategist to have the type of data they need to create the most innovative and cost-effective real estate environments for the new way of working.”
Manhattan Analytics (MA) takes data from the company’s leading CenterStone computer-aided facility management (CAFM) and Integrated Workplace Management System (IWMS) and creates knowledge for industry executives making critical decisions about their property and building portfolios. These real assets represent one of the top three investments companies make annually in the $5-trillion demand side of the global corporate real estate (CRE) market.
“We are presenting a service to the marketplace in line with the new requirements of tighter connectedness between the work, worker and workplace which require data on the whole real estate portfolio,” Gillespie added. “It is a unique blend of this information served up visually on a map that, combined with other data sources (i.e., Microsoft® Excel®, total cost of occupancy, lease etc.), allows a Manhattan user to immediately see which buildings are performing well and which are not in their portfolios. This creates a set of ‘big data’ that is organized and managed to allow insightful analysis on the performance of properties in the past present – even predictions for the future. In addition, in this release, companies can now benchmark their buildings’ performance with others in similar geographies by aggregating and averaging an organization’s data. I am pleased to announce that Manhattan Analytics has been chosen by CIO Review as one of the top 100 analytics products/services to come out this year, a clear sign we have hit the market with the right service offering.”
As Thomas H. Davenport, the Babson College professor and author of many books on big data and analytics (most recently Big Data@Work), notes, “Manhattan Software is beginning to transform the real estate and facility management industry with Manhattan Analytics. The second release of this data-based service uses the information already stored in customers’ facilities and workplace management systems, and allows them to map and chart the performance of their buildings. It also lets them compare their results withan aggregated portfolio of other company’s buildings in a particular area of the world. This is holding up a data mirror on performance to executives not accustomed to viewing real estate information in such a clear and transparent way.”
The benefits of Manhattan Analytics include:
- Improve decision making
- Understand what is working and what is not
- Reduce costs and improve efficiencies
- Manage risk
- Extremely user friendly
- Industry standard benchmarks
- Instant ROI
- Leverage clients’ investment in Manhattan
This announcement is for the second release of Manhattan Analytics which is available to existing Manhattan customers.
About Manhattan Software
Manhattan Software is the world leader in real estate and facility management software. Manhattan is focused on improving the performance of our clients’ real estate and facilities, wherever they are located. Manhattan Software offers two product suites: Manhattan, the #1 Integrated Workplace Management Solution (IWMS) and CenterStone, the leading Computer Aided Facility Management (CAFM) software product. As an integrated suite of products, Manhattan improves clients’ performance by enabling seamless management of all aspects of their real estate operations and portfolio. Manhattan is an advanced, web-based real estate lifecycle solution that readily integrates into an organization’s existing infrastructure. Manhattan Software is named a “leader” in the 2013 Gartner Magic Quadrant for IWMS.