National Building Owners Select Meridian Systems Software to Reduce Capital Project Costs and Schedules
Proliance® wins secured among leading retail and real estate organizations to manage large capital projects, programs and facilities
FOLSOM, Calif. (November 1, 2005) – Meridian Systems®, a provider of enterprise software solutions for managing capital projects, programs and facilities, announced today growing momentum for its Proliance solution within the retail, real estate, and construction markets based on several recent customer selections.
Proliance is a complete Infrastructure Lifecycle Management (ILM) software solution commercially available since 2003 that uniquely combines: Project and Portfolio Management; Facilities Management; Business Process Management; and Business Intelligence capabilities. Proliance has been selected among several types of building owners including:
- A national real estate developer managing marquis office, hotel, residential, retail, and sports facilities.
- A regional financial institution managing capital and renovation projects in 9 states.
- A national delivery organization building regional distribution facilities across the US.
- A North American diversified oil and gas company managing complex oil extraction processes.
- A national homebuilder with operations in over 20 states managing residential and commercial properties.
- A regional supermarket chain managing Sarbanes-Oxley compliance issues for ongoing store expansion and renovation.
- A national real estate developer with a portfolio of hundreds of shopping malls across the country.
Selection by these large enterprises validates the business value of a complete lifecycle management solution built on a modern technology platform that can track an organization’s entire real estate and facility portfolio in one enterprise system of record.
According to IDC, by 2008 ILM is expected to generate $3.2 billion in software and services revenues, as documented in their whitepaper “Assessing Infrastructure Life-Cycle Management Market Opportunities.”
“The traditional markets for product, asset, project and portfolio management are converging due to a number of business and economic factors – assets and products now participate in the same lifecycle,” said Evan Quinn, Group Vice President of Applications at IDC. “Companies are looking to holistic project and portfolio management capabilities, like those provided by Proliance, to help them optimize asset utilization by better managing both material and human resources.”
The Proliance technology platform utilizes Web services and XML schemas natively within the application, creating an extendable and open architecture for rich integration with other enterprise solutions.
For more information on Proliance, call Meridian at (800) 850 2660, or go to our website at www.meridiansystems.com/pr11012005.
About Meridian Systems
Meridian Systems provides enterprise solutions that optimize the plan, build and operate phases of real estate, construction and other capital project initiatives. Meridian solutions are used by more than 8,500 of today's large building owners, government agencies, and engineering and construction firms to improve top-line revenue growth while reducing their capital construction costs. Meridian uniquely provides both traditional software and hosted ASP solutions, and ranks as a market share leader in project management software among general contractors with over $100 million in revenue*. Meridian has an impressive track record of revenue growth over its 12-year history, and has been repeatedly recognized as a Constructech Hottest Technology company. Meridian is headquartered in Folsom, Calif.
Meridian Systems Contact
Sue Watkins, Director of Marketing
swatkins@meridiansystems.com
*Statistics excerpted from CFMA's 2004 Information Technology Survey for the Construction Industry, fourth edition with the permission of the Construction Financial Management Association, Princeton, NJ, (609) 452 8000.
Meridian Systems and the Meridian Systems logo are the property of Meridian Systems, Inc. All other company and product names may be trademarks of their respective owners. Copyright © 2005 Meridian Systems, Inc. All rights reserved.
