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Accruent Selected by AstraZeneca for Global IWMS Implementation
Healthcare Leader Embraces Company Vision and Depth of Product Functionality
SANTA MONICA, CA -- (Marketwire) -- 12/18/08 -- Accruent, Inc. announced today that underan agreement signed earlier this year, it is engaged with AstraZenecaPharmaceuticals LP (AstraZeneca) for a global Integrated WorkplaceManagement Systems (IWMS) implementation. AstraZeneca will implement anAccruent software solution for real estate and facilities management atvarious locations around the world.
"This is a landmark agreement for Accruent," said Mark Friedman, chiefexecutive officer of Accruent. "AstraZeneca is one of the first companiesto complete such a large-scale selection since we announced our acquisitionof FAMIS Software earlier this year. The breadth of capability we offerenables major organizations like AstraZeneca to consider a single partnerfor their IWMS programs, and we are extremely proud that AstraZeneca haschosen our company. This agreement marks an exciting new chapter in ourlong-term relationship."
Accruent's IWMS solution will enable AstraZeneca to standardize theirfacilities move process and other real estate processes. The solution willnot only help ensure consistency of real estate and facilities information,but will also support AstraZeneca's corporate plan to reduce operatingcosts.
"We wanted a partner that combined strong functionality with provencustomer success and a clear vision for the future," said Bill Telford,Project Sponsor at AstraZeneca. "We have been working with several IWMSproviders, and following a rigorous process, the Accruent team demonstratedthe best fit to our selection criteria."
IWMS implementations offer significant ROI potential because of thesubstantial capital and expenses involved in building, operating andmaintaining a large facilities portfolio. Accruent is a leader in thismarketplace based on not only its product capabilities but also its morethan 400 successful customer implementations.
About Accruent:
Founded in 1995, Accruent leads the industry with a comprehensive suite ofreal estate and facilities management solutions that enable organizationsto design and operate their property portfolios as a competitive advantage.Accruent solutions matchthe location management strategies and objectives of commercial, educationand public sector customers. These range from driving retail revenuegrowth to reducing facilities costs and achieving financial and regulatorycompliance. Many of the world's largest companies, including 20 percent ofthe Fortune 500 and 40 percent of the Top 100 Retailers use Accruent'ssolutions. Our customers include Lockheed Martin, Prudential Financial,Anadarko Petroleum, Consolidated Edison, Xerox and Corning. AnotherAccruent customer goes live every 10 days.
In February 2008, Accruent acquired FAMIS Software, a pioneer in IntegratedWorkplace Management System (IWMS). Combined these companies benefit fromcollaboration with more than 400 active customers and an extensive networkof solution and service partners to offer unrivaled expertise spanning theentire real estate and facilities management lifecycle. For moreinformation, please visit www.accruent.com.
About AstraZeneca:
AstraZeneca is a major international healthcare business engaged inresearch, development, manufacturing and marketing of prescriptionpharmaceuticals and supplier for healthcare services. AstraZeneca is one ofthe world's leading pharmaceutical companies with healthcare sales of US$29.55 billion and is a leader in gastrointestinal, cardiovascular,neuroscience, respiratory, oncology and infection product sales.AstraZeneca is listed in the Dow Jones Sustainability Index (Global) aswell as the FTSE4Good Index. For more information visitwww.astrazeneca.com.
All Accruent brand and product names are trademarks or registeredtrademarks of Accruent, Inc., in the United States and other countries. Allother products or company names mentioned are used for identificationpurposes only, and may be trademarks of their respective owners.
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For more information, please contact:Kathy FischerAccruent Marketing Communications416-643-1388
Accruent's IWMS solution will enable AstraZeneca to standardize theirfacilities move process and other real estate processes. The solution willnot only help ensure consistency of real estate and facilities information,but will also support AstraZeneca's corporate plan to reduce operatingcosts.
"We wanted a partner that combined strong functionality with provencustomer success and a clear vision for the future," said Bill Telford,Project Sponsor at AstraZeneca. "We have been working with several IWMSproviders, and following a rigorous process, the Accruent team demonstratedthe best fit to our selection criteria."
IWMS implementations offer significant ROI potential because of thesubstantial capital and expenses involved in building, operating andmaintaining a large facilities portfolio. Accruent is a leader in thismarketplace based on not only its product capabilities but also its morethan 400 successful customer implementations.
About Accruent:
Founded in 1995, Accruent leads the industry with a comprehensive suite ofreal estate and facilities management solutions that enable organizationsto design and operate their property portfolios as a competitive advantage.Accruent solutions matchthe location management strategies and objectives of commercial, educationand public sector customers. These range from driving retail revenuegrowth to reducing facilities costs and achieving financial and regulatorycompliance. Many of the world's largest companies, including 20 percent ofthe Fortune 500 and 40 percent of the Top 100 Retailers use Accruent'ssolutions. Our customers include Lockheed Martin, Prudential Financial,Anadarko Petroleum, Consolidated Edison, Xerox and Corning. AnotherAccruent customer goes live every 10 days.
In February 2008, Accruent acquired FAMIS Software, a pioneer in IntegratedWorkplace Management System (IWMS). Combined these companies benefit fromcollaboration with more than 400 active customers and an extensive networkof solution and service partners to offer unrivaled expertise spanning theentire real estate and facilities management lifecycle. For moreinformation, please visit www.accruent.com.
About AstraZeneca:
AstraZeneca is a major international healthcare business engaged inresearch, development, manufacturing and marketing of prescriptionpharmaceuticals and supplier for healthcare services. AstraZeneca is one ofthe world's leading pharmaceutical companies with healthcare sales of US$29.55 billion and is a leader in gastrointestinal, cardiovascular,neuroscience, respiratory, oncology and infection product sales.AstraZeneca is listed in the Dow Jones Sustainability Index (Global) aswell as the FTSE4Good Index. For more information visitwww.astrazeneca.com.
All Accruent brand and product names are trademarks or registeredtrademarks of Accruent, Inc., in the United States and other countries. Allother products or company names mentioned are used for identificationpurposes only, and may be trademarks of their respective owners.
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For more information, please contact:Kathy FischerAccruent Marketing Communications416-643-1388
For more information, go to www.marketwire.com
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