SOURCE: Accruent

December 18, 2008 14:05 ET

Accruent Selected by AstraZeneca for Global IWMS Implementation

Healthcare Leader Embraces Company Vision and Depth of Product Functionality

SANTA MONICA, CA--(Marketwire - December 18, 2008) - Accruent, Inc. announced today that under an agreement signed earlier this year, it is engaged with AstraZeneca Pharmaceuticals LP (AstraZeneca) for a global Integrated Workplace Management Systems (IWMS) implementation. AstraZeneca will implement an Accruent software solution for real estate and facilities management at various locations around the world.

"This is a landmark agreement for Accruent," said Mark Friedman, chief executive officer of Accruent. "AstraZeneca is one of the first companies to complete such a large-scale selection since we announced our acquisition of FAMIS Software earlier this year. The breadth of capability we offer enables major organizations like AstraZeneca to consider a single partner for their IWMS programs, and we are extremely proud that AstraZeneca has chosen our company. This agreement marks an exciting new chapter in our long-term relationship."

Accruent's IWMS solution will enable AstraZeneca to standardize their facilities move process and other real estate processes. The solution will not only help ensure consistency of real estate and facilities information, but will also support AstraZeneca's corporate plan to reduce operating costs.

"We wanted a partner that combined strong functionality with proven customer success and a clear vision for the future," said Bill Telford, Project Sponsor at AstraZeneca. "We have been working with several IWMS providers, and following a rigorous process, the Accruent team demonstrated the best fit to our selection criteria."

IWMS implementations offer significant ROI potential because of the substantial capital and expenses involved in building, operating and maintaining a large facilities portfolio. Accruent is a leader in this marketplace based on not only its product capabilities but also its more than 400 successful customer implementations.

About Accruent:

Founded in 1995, Accruent leads the industry with a comprehensive suite of real estate and facilities management solutions that enable organizations to design and operate their property portfolios as a competitive advantage. Accruent solutions match the location management strategies and objectives of commercial, education and public sector customers. These range from driving retail revenue growth to reducing facilities costs and achieving financial and regulatory compliance. Many of the world's largest companies, including 20 percent of the Fortune 500 and 40 percent of the Top 100 Retailers use Accruent's solutions. Our customers include Lockheed Martin, Prudential Financial, Anadarko Petroleum, Consolidated Edison, Xerox and Corning. Another Accruent customer goes live every 10 days.

In February 2008, Accruent acquired FAMIS Software, a pioneer in Integrated Workplace Management System (IWMS). Combined these companies benefit from collaboration with more than 400 active customers and an extensive network of solution and service partners to offer unrivaled expertise spanning the entire real estate and facilities management lifecycle. For more information, please visit www.accruent.com.

About AstraZeneca:

AstraZeneca is a major international healthcare business engaged in research, development, manufacturing and marketing of prescription pharmaceuticals and supplier for healthcare services. AstraZeneca is one of the 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) as well as the FTSE4Good Index. For more information visit www.astrazeneca.com.

All Accruent brand and product names are trademarks or registered trademarks of Accruent, Inc., in the United States and other countries. All other products or company names mentioned are used for identification purposes only, and may be trademarks of their respective owners.

Contact Information

  • For more information, please contact:
    Kathy Fischer
    Accruent Marketing Communications
    416-643-1388