April 26, 2010
Real Estate Technology expert and Lucernex President, Joe Valeri (see Joe’s management summary here), discusses ASP, SaaS and Cloud Computing for real estate solutions.
When Lucernex started in 2000 we were the first store lifecycle management (SLM) solution to deliver our entire application as 100% Web-based, delivered as an Application Service Provider (ASP) solution. In reality we did not know it at the time but we were actually a Software as a Service (SaaS) vendor even then (according to Wikipedia it was coined in a February 2001 article written by the Software & Information Industry’s (SIIA) eBusiness Division). The difference to end users is largely invisible (except in the lower price) but to a software vendor the difference drives flexibility, costs (hence price to end-user) and focus. The next step is “Cloud Computing”, a buzz word for a service that provides equipment to host applications while doing all of the IT management on a secure environment optimized for performance and scalability.
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Tags: ASP vs SaaS vs Cloud, Cloud computing in real estate, IWMS, IWMS ASP, IWMS Cloud, IWMS Cloud Computing, IWMS SaaS, IWMS Software, SaaS for real estate, SaaS vs Cloud :: 7 Comments »
March 29, 2010
Lucernex expert and President Joe Valeri (see Joe’s management summary here) discusses how integrated sales prediction modeling improves an IWMS.
In my last Blog I discussed use of Lease Analysis integrated into IWMS to provide the cost side of an ROI prediction tool. Cost is only half the data needed however, an accurate and trusted prediction of sales is equally important.
Sales prediction modeling is a tool used by real estate organization with multiple revenue producing sites whether it is direct sales, cell phone contracts, walk-in patients, investment clients, or tuition payments. In all cases a picture of “the customer” must be produced, usually based on past location results or a client defined picture of their customer.
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Tags: Buxton, Buxton Scout, IWMS, IWMS Software, lease analysis, Real estate ROI prediction, ROI Prediction, sales prediction modeling, site ROI prediction, Store lifecycle management :: 1 Comment »
March 15, 2010
Lucernex expert and President Joe Valeri (see Joe’s management summary here) provides details of why IWMS software from some vendors can be so expensive.
Reasons some vendors IWMS Software can get expensive
There are actually several answers to this question depending on the vendor you are looking at. I don’t believe it is appropriate to mention other vendors in a negative light so I will simply characterize them into groups and potential buyers will need to ask the right questions to ascertain where we all fit. Several vendors, particularly the really expensive ones, fit into many of these categories.
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Tags: commercial real estate software, IWMS, IWMS cost, IWMS Software, iwms total cost of ownership, IWMS Vendors, total cost of ownership, what is iwms :: 9 Comments »
March 1, 2010
Lucernex expert and President Joe Valeri (see Joe’s management summary here) provides details of why Location is the key to Real Estate Technology.
My last blog discussed the very loose definition of IWMS and how it tries to describe a wide array of very different vendors. In this blog I will discuss one type of IWMS, Location Management Software, and what the different end users may need to focus on when selecting a Location Management IWMS.
What are the three things that matter in real estate – Location, Location, Location. This old adage about real estate applies to commercial real estate technology as well. The location is what real estate is all about whether you are a 2000 store retailer, a 30 building corporation, a large hotel company or a multi-building campus – everything you do in relation to your real estate is based on a location. And, managing the performance of each location to perform optimally is the ultimate goal for each location whether it’s optimizing revenue or minimizing cost.
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Tags: commercial real estate software, enterprise location management, IWMS, IWMS Software, lease administration, location management, location performance management :: 14 Comments »
