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1 min read buildings

IBM to acquire real-estate software specialist

IBM has announced plans to acquire privately-held TRIRIGA Inc., a Las Vegas, Nevada-based provider of facility and real estate management software solutions. The move aims to accelerate IBM’s smarter buildings initiatives by adding advanced intelligence that improves real estate performance, capital project management and the outcomes of sustainability initiatives. Financial terms were not disclosed.

TRIRIGA software helps clients make strategic decisions regarding space usage, evaluate alternative real-estate initiatives, generate higher returns from capital projects, and assess environmental impact investments.

IBM is working with thousands of organisations globally to optimise the energy usage and equipment efficiency in office buildings, campuses, resorts, hospitals and cities using IBM smarter buildings software, which includes analytics, automation and IBM Maximo Asset Management.

Read more here …

Published by:

Dan Ilett

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