Nominated for the prestigious Digital Impact Award — presented to four outstanding individuals who have consistently demonstrated tenacity and persistence in promoting technological innovation in our industry
Chicago, June 2, 2011 – Each year, Realcomm honors those individuals, companies, projects, and solutions that have demonstrated the most innovative use of technology and automation in the commercial and corporate real estate industries with the distinguished Digie Award. This year’s award winners will be announced on Tuesday, June 14 during the Realcomm 2011 conference in Orlando. The award ceremony will be held at 6:30pm on Center Stage in the Expo Hall.
See www.realcomm.com for more information.
2010 Finance & Accounting Outsourcing (FAO) Market Star Performers on Everest PEAK Matrix: Focus on TCS.
Chicago, May 17, 2011 – Everest Research recently released its latest FAO Annual Report, which provides a comprehensive analysis of the 2010 FAO market across size and growth, buyer adoption, contract characteristics, and service provider landscape.
As a part of the study, Everest updated its classification of 20+ FAO service providers on the Everest Performance | Experience | Ability | Knowledge (PEAK) Matrix for FAO into leaders, major contenders, and emerging players. The PEAK Matrix is a framework that provides an objective, data-driven, and comparative assessment of FAO service providers based on their absolute market success and capability. Everest also identified five service providers as the “2010 FAO Market Star Performers based on the relative movement of 20+ FAO service providers on the Everest PEAK Matrix from 2009 to 2010.
Based on the analysis, TCS emerged as a 2010 Star Performer strengthening its position in the FAO market. This report focuses on TCS’ FAO experience, capabilities, and key accomplishments — including its recent partnership with NOI.
Click here to read the report.
by Tama Huang, Executive Partner, NOI Strategies
Somewhere along the way over the last couple of years, while no one was looking, it seems that someone took the liberty of anointing property management systems with the moniker ‘ERP’. Wishful thinking? Perhaps. Synonymous? Not exactly.
When one thinks of ERP, or Enterprise Resource Planning, some powerful words come to mind: All-encompassing, global, open, expansive, and yes, expensive.
By design, ERPs consolidate a variety of otherwise disparate systems and information into a common, highly integrated operating environment. ERP systems deliver big gains by helping to grow revenue, increase productivity, improve efficiency throughout the enterprise and better manage costs. Out of the box, they are localized to virtually every language, currency and global standard. They tie seamlessly with advanced collaboration, business intelligence and analytics tools, and with an ERP’s unified view of enterprise-wide information, executives can ultimately make better decisions about corporate objectives and strategies.
Sounds great, right? Unfortunately, what works so nicely for the rest of the business world doesn’t necessarily work for real estate. Continue reading
by Tamir Shafer, Managing Director, Treasury and Banking Services
Changing banks is painful. You know it and so does your bank. In fact, they count on it. But every relationship has its breaking point. Recent trends suggest that yours may be closer than you think.
In Economics 101, we learn about supply and demand, elasticity, and diminishing marginal utility. We also learn about the ease (or difficulty) with which one ‘product’ can be replaced with a similar ‘product’. This consumer decision is called ‘substitutability’, and the economics behind it drive decision making by all consumers.
Think Pepsi vs. Coke and imagine this scenario: you are a fanatical Pepsi drinker, its 95 degrees Fahrenheit (35 degrees Celsius) and you are at an outdoor mall. You are very thirsty, and a cold can of Pepsi is the cure to quench your thirst. In front of you are only two vending machines: Coke and Pepsi. If the price of a can of Pepsi was $0.25 more than Coke, which brand would you buy? Probably the Pepsi. What if it were $1 more? Or $5 more? At what price-point does Coke become a substitute for Pepsi? We’ll get back to this in a minute. Continue reading