by Rebecca Walker — March 1, 2010—The Planon Group, a global provider of enterprise real estate and facilities management software, has been named the recipient of Frost & Sullivan’s 2010 Product Leadership of the Year Award for the Real Estate and Facilities Management software market.
The award recognizes Planons portfolio of real estate and facility management software solutions for its broad array of features and functionality, high quality, innovation, market acceptance and for providing its customers with valued enhancements. Planon announced the latest version (2010.A) of its software recently.
With over 1,300 customers and more than 25 years of industry experience, Planon is a global expert at providing solutions to customers real estate and facilities challenges. The company’s commitment to product innovation is demonstrated by the fact that 20 percent of Planon’s revenue goes back into research and development, a division with over 100 employees. This commitment enables the company to introduce on average of two or more software releases a year offering new functionality, features, or the latest in technology standards, says the company.
The award recipient is selected based on a primary market analysis conducted by the best practices industry analyst team and on the customized Decision Support Matrix (DSM), an analytical tool used by Frost & Sullivan to compare companies’ performance relative to each other with an integration of quantitative and qualitative metrics. The DSM allows Frost & Sullivan research teams to objectively analyze each company’s performance on each criterion relative to its top competitors, and assign performance ratings on that basis.
