AssetWorks LLC

AssetWorks LLC

July 21, 2014 18:01 ET

AssetWorks Collaborates with ISES and Sightlines to Provide Capital Planning Services

Three industry heavyweights work together to provide facilities professionals with comprehensive services and cutting-edge technology.

SAN DIEGO, CALIFORNIA--(Marketwired - July 21, 2014) - AssetWorks, a leader in Intelligent Workplace Management, today announced at the Association of Higher Education Facilities Officers (APPA) 2014 Annual Conference and Exposition that it is closely collaborating with ISES Corporation and Sightlines LLC to provide comprehensive capital planning services. Cooperation between these three industry pacesetters provides their mutual clients with a unique combination of facility condition assessment services, multi-year investment planning and project selection and funding services, and work planning and execution management via the AiM™ Integrated Workplace Management System (IWMS).

ISES Corporation is a best-in-class expert in providing assessment services to institutions of higher education and public sector entities and is renowned as a supplier of highly credible data for strategic and capital planning. The collaboration between ISES and AssetWorks offers their mutual customers two important advantages. First, it eliminates silos of information that undermine good business practices. Secondly, it prevents assessment data from becoming dated. This is accomplished by housing the assessment data in the broader IWMS solution where the planning and execution of work is managed. Leveraging a native data import function, ISES assessment data is imported directly into AiM. AssetWorks and ISES have adapted their solution to align with recent industry trends, in which there has been a shift away from routine project management to a focus on analysis and needs assessment.

Sightlines, a leader in facilities measurement, benchmarking and analysis, lends its concept of Building Portfolios to the collaboration. Sightlines and AssetWorks work jointly to tie assessment data in AiM to mission and finance by grouping buildings into portfolios of assets that mirror institutional priorities. Project data is transformed from a technical assessment to a multiyear capital plan within the AiM's Capital Planning and Project Management (CPPM) offering.

"Our collective vision demonstrates in absolute terms how three companies can collaborate to provide greater value to our mutual customers," said Ken Slaughter, Senior Vice President, AssetWorks. "The work that we've done together thus far is truly trendsetting. Rarely is there one solution that captures assessment data, applies the concepts of portfolio management against those needs, and executes work against a multiyear strategic plan by leveraging technology to manage both operations and maintenance and capital project management."

About AssetWorks

AssetWorks delivers industry-leading business solutions that help asset- and infrastructure-intensive organizations control capital and operating expenditures, reduce operational complexity, and manage regulatory and policy-driven risk. Leveraging a comprehensive portfolio of software and consulting solutions, we help organizations work more efficiently by improving access to shared asset data, promoting greater transparency across the organization, improving service delivery, maximizing asset availability and uptime and reducing total cost of ownership. Using the latest cloud and mobile computing technologies, our asset management solutions and domain expertise help organizations eliminate waste, redundancy, and inefficiency. For more information, visit: www.assetworks.com.

About ISES Corporation

ISES Corporation is a facilities consulting firm that helps building portfolio managers to develop strategic plans. The company provides its clients with a wealth of detailed and accurate data about their buildings, resulting in the clients' improved ability to make better capital planning and investment decisions. Clients are typically facility managers with multiple buildings, including universities, colleges, states, municipalities, the US government and institutional investors. Its primary offering is the Facility Condition Assessment service. ISES also conducts Utilities Infrastructure Condition Assessments, Preventive Maintenance Programming, including Equipment Inventorying, and Organizational Analyses. For more information, visit www.isescorp.com.

About Sightlines LLC

Founded in 2000, Sightlines works with more than 450 colleges and universities each year. Their ROPA+(SM) (Return-on-Physical-Assets) service provides a holistic approach to defining capital needs and provides an independent view of campus performance, reliably benchmarked against peer institutions. Academic institutions use ROPA+(SM) to defend budgets, secure additional funds, evaluate new construction, rebalance budgets, assess maintenance backlogs, determine proper staffing and service levels, and successfully present budgets to boards. Sightlines was named to the 2013 Inc. 5000 list, an annual report from Inc. Magazine of the fastest growing privately owned businesses in the U.S., for the fifth consecutive year. For more information, visit http://www.sightlines.com.

AssetWorks, the AssetWorks logo and AiM are trademarks of AssetWorks LLC in the U.S. and other countries.

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