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Organizational statistics revealed that on an average about 35% of the organizational assets are facilities and infrastructure. ARCHIBUS allows an opportunity to better understand as to how to reallocate assets and save the most. It is worthwhile to note that about $16 million dollars are spent annually to maintain an average facility. A general survey conducted based on asset management revealed that most companies were not happy as to how their assets were managed.

A large group of administrators agreed to the fact that they can increase their stakeholders if they are able to timely track and utilize their assets, get an accurate report on maintenance and repair, as well as to extend the lifecycle through better asset redeployment. ARCHIBUS provides increased stakeholder value by providing better asset knowledge and the ways to utilize them at best. Now it is time that all the corporate leaders must question as to whether they are managing their assets in the best possible capacity.

One of the largest organizations, CNN, saved about $1 million dollars, which they used to pay as project management fees. ARCHIBUS also allows an organization to determine as to how much spending is necessary at different times, which helps to manage and increase efficiency of an organization, as well as to make cost effective decisions to determine whether it is the right time to buy or lease, and helps determine the ways through which improvement can pave its way to get the best results.

ARCHIBUS also manages how the different departments interact with each other, which can strengthen an organization to meet its goals at a very fast pace. ARCHIBUS has allowed organizations to observe superior communications and collaboration among the different units essential to for smooth organizational processes. ARCHIBUS allows detailed analysis to identify areas of improvement, which in turn allows the development of processes to manage various areas where there is a lot of room for improvement.

ARCHIBUS has different applications that allow managing each organizational area at its best. This thus helps a corporate reduce cost at an exceptional level and serves as one integrated solution to meet all the requirements. It is amazing to know that there is about 402% ROI for corporations using ARCHIBUS and they were able to recover their cost in about only 3 months. The savings on each facility jumps up to an exorbitant 6.4%, which brings an annual savings to about $900,000 plus.

This entry was posted on Tuesday, May 17th, 2011 at 11:04 pm and is filed under AEC-FM Technology, Facilities Mgmt. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.