ARCHIBUS Inc. Announces a Business Alliance with Sequentra Solutions Collaboration Yields Comprehensive Property, Facilities, and Infrastructure Management Solution
May 2005—Boston, Massachusetts—ARCHIBUS Inc.—developer of the world's #1 Total Infrastructure and Facilities Management (TIFM) solution—announces its strategic partnership with Sequentra Solutions LLC, a provider of Web-based Lease Administration, Process and Project Management software "SEQUENTRA®" and services.
Together, Sequentra Solutions and ARCHIBUS provide a comprehensive package of software and services to address clients' real estate, project, transaction, and space management needs. Their complementary software applications, SEQUENTRA® and ARCHIBUS/FM®, will be integrated and jointly marketed as part of this alliance. The result will provide integrated information management and Web-based executive reporting capabilities that allow clients to more effectively manage their real estate and facilities operations.
Addressing Critical Success Factors
A recent study conducted by CoreNet Global identified several critical success factors for Corporate Real Estate management, including knowledge management, flexibility, segmentation, transparency, integration, and risk management. The passage of the Sarbanes-Oxley Act reinforces these factors by requiring accountability and certification at the executive level. The combined SEQUENTRA® and ARCHIBUS/FM® software platform and professional services provide an end-to-end solution set that focuses on these critical success factors and provides clients the ability to fully address compliance requirements.
"The integration of ARCHIBUS/FM and SEQUENTRA will now provide clients with the full range of information to more easily make fully informed and better decisions," says Richard Bertasi, chief executive of Sequentra Solutions. "The allocation of space and tracking of fixed assets can now be done throughout the entirety of the project and property life cycle, all in one integrated solution, at substantially lower data management costs. It is a significant step forward in meeting the information, knowledge and compliance needs of corporate clients."
"We are pleased to work with Sequentra on a solution that provides a complete, end-to-end solution for property, facilities, and infrastructure management," says Bruce K. Forbes, president and chief executive of ARCHIBUS. "With physical assets such as real estate, buildings, equipment, and related infrastructure making up a significant percentage of an organization's total asset value, we offer the tools for managing these expensive line items and lowering our customers' total cost of ownership."
About Sequentra Solutions LLC
Founded in 1999, Sequentra Solutions provides technology solutions and services focused on the corporate real estate industry. Its clients manage more than 400 million square feet, globally, comprised of more than 25,000 leased or owned locations. SEQUENTRA® clients include Computer Sciences Corporation, United Technologies Realty, Inc., Avon, Manpower, Delta Air Lines, Avaya, Farmers Insurance, and RBC/Dain Rauscher. SEQUENTRA® is a wholly owned subsidiary of United Systems Integrators Corporation, the fastest growing global corporate and institutional real estate services firm. For more information, call (203) 327-7272, visit www.sequentra.com. or email info@sequentra.com.
About ARCHIBUS Inc.
ARCHIBUS is the #1 global provider of facilities and infrastructure management solutions and services. In 2004, expenditures related to ARCHIBUS/FM products and services exceeded $1.5 billion (US). With ARCHIBUS/FM, organizations can use a single, comprehensive, integrated solution to make informed strategic decisions that optimize return-on-investment, lower asset life-cycle costs, and increase enterprise-wide productivity and profitability. More than 3,000,000 ARCHIBUS/FM enterprise and Web users collectively manage over 1.4 million buildings exceeding 16 billion square feet. Available in over 130 countries and more than seventeen languages, ARCHIBUS/FM is supported through a global network of 1,600+ ARCHIBUS/FM-trained specialists.
Headquartered in Boston, Mass., ARCHIBUS has pioneered computer-aided facilities management techniques since 1982. For more information, call (617) 227-2508, email info@archibus.com, or visit www.archibus.com.
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