by Brianna Crandall — March 9, 2012—Manhattan Software, a global leader in enterprise real estate software and a leader in the 2011 Gartner Magic Quadrant for Integrated Workplace Management Systems, recently announced a strategic partnership with Indiabulls Real Estate. Indiabulls Real Estate views the partnership as a strategic component in the capability of their IT team. Indiabulls will bring Manhattan’s enterprise real estate solutions to the Indian, Middle Eastern and Southeast Asian marketplaces, with the goal of improving corporate performance through Manhattan’s seamless, Web-based management of all facets of their real estate operations and portfolio.
In a recent corporate financial brief, it was noted how corporate real estate holdings in India have emerged as a dynamic asset class that now requires strategizing and optimizing an organization’s real estate portfolio. The ability for Indiabulls to implement Manhattan’s Integrated Workplace Management System (IWMS) and Computer-aided Facility Management (CAFM) software is expected to provide corporations and government institutions with the necessary applications to have the most comprehensive knowledge of their real estate property portfolios and be able to:
- Reduce the total cost of occupancy;
- Increase visibility into scheduling, planning and decision making on the entire portfolio;
- Improve collaboration to reduce expenses and time-to-market; and
- Increase productivity of both staff and built resources.
Manhattan Software offers two top-ranked enterprise real estate product suites: Manhattan, its Integrated Workplace Management Solution (IWMS) software, and CenterStone, its Computer Aided Facility Management (CAFM) software product. As an integrated suite of products—including integration with enterprise resource planning (ERP) systems, geographic information systems (GIS), and building information modeling (BIM) and CAD tools—Manhattan Software solutions are designed to improve 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.
Indiabulls Real Estate is said to be one of the largest real estate companies in India, with diverse development projects encompassing high-end office and commercial complexes, premium residential developments, mega townships, retail spaces, state-of-the-art special economic zones, and infrastructure development.
