AUSTIN, Texas, Nov. 19, 2019 /PRNewswire/ -- Accruent, the
world's leading provider of solutions for the built environment,
and Synchronoss Technologies, Inc. (NASDAQ: SNCR), a global leader
and innovator of cloud, messaging, digital and Internet of Things
(IoT) products, have announced a partnership that will combine the
Synchronoss Insights Platform with Accruent's vx Observe IoT asset
monitoring software. The collaboration will deliver valuable
insights and efficiencies to enterprises across facilities and
greatly expand the effectiveness of enterprise IoT solutions.
In Microsoft's 2019 IoT Signals survey, 88% of companies
surveyed indicated that the IoT will be critical to their success
while 56% of respondents indicated they were adopting IoT
technology to optimize operations – the single most common reason
given. For many organizations, the complexity and uniqueness of
their facilities portfolio make operational enhancement very
challenging. Peak asset and facility performance not only require
analysis of many sources of telemetry data, but also entails the
ability to control connected assets through multiple interconnected
channels and to interact with those assets and facilities within
existing workflows.
One example of a complex challenge faced by global facilities
managers is the management of energy consumption and spend,
especially in countries where the cost of energy varies greatly
based on the timing of consumption. Managing energy use to minimize
costs requires constant analysis of asset performance, as well as
the ability to control assets in a way that allows multiple
controls and setpoints to be acted upon simultaneously. The ability
to address such a challenge with the right data and tools can drive
major improvements in financial performance.
To meet the challenges of such dynamic environments, Synchronoss
and Accruent have combined the strengths of their IoT software
products. The partnership brings together both companies' deep
analytical capabilities, asset control expertise and workflow
integration to inject automated business intelligence into
operations. This makes the massive amount of collected data
consumable and actionable for everyone, from CFOs to facility
managers and facility engineers.
Mary Clark, Chief Product Officer
and CMO, Synchronoss, said, "The huge amount of data produced
today by IoT devices is virtually useless unless analytics and
machine learning are applied to make sense of it all. Combining
Synchronoss' ability to manage large-scale analytics capabilities
with Accruent's deep knowledge of physical resource management will
allow enterprises across the globe to realize the potential of a
truly 'smart' building and leverage their IoT-enabled assets."
Accruent and Synchronoss are both accomplished companies that
provide IoT platform solutions. Accruent's vx Observe IoT software
monitors assets at more than 25,000 locations worldwide and was
recently named as a market leader in the Verdantix 2019 IoT for
Smart Buildings Green Quadrant. Synchronoss provides IoT platform
support for telecom operators, services providers and system
integrators globally while providing real-time analytics of full
building data.
"Accruent and Synchronoss bring together expertise in facilities
and asset management, high-volume analytics, workflow integration
and credibility in the communications industry to help
organizations solve business problems that had only partial
solutions in the past," added Accruent Chief Revenue Officer
Andy Ruse. "Together we can deliver
solutions to help our customers overcome their operational
challenges and optimize their built environment, allowing them to
extract maximum value from their assets and focus on their serving
customers and delivering value to shareholders."
About Accruent
accruent.com, @accruentllc
Accruent is the world's leading provider of intelligent solutions
for the built environment – a $10Bn
market spanning real estate, integrated technology systems, and the
physical and digital assets they connect. Accruent continues to set
new expectations for how organizations can use data to transform
the way they manage their facilities and assets and is transforming
the way people and systems work together. With major office
locations in Austin, New Orleans, London and Amsterdam, Accruent serves more than 10,000
customers in a wide range of industries in more than 150 countries
around the world.
About Synchronoss
Synchronoss (NASDAQ: SNCR)
transforms the way companies create new revenue, reduce costs and
delight their subscribers with cloud, messaging, digital and IoT
products, supporting hundreds of millions of subscribers across the
globe. Synchronoss' secure, scalable and groundbreaking new
technologies, trusted partnerships and talented people change the
way Technology-Media-Telecommunications customers grow their
business. For more information, visit us at
www.synchronoss.com.
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SOURCE Accruent