BayLogics Inc., a provider of software solutions for corporate real estate (CRE) management, recently launched the Web-based beta release of SiteSeer-ie 1.0—an intranet solution for management of all CRE knowledge and activity related to multiple leased and/or owned facilities. The application’s technology drives the management of the entire CRE lifecycle: site analysis and selection, site acquisition, construction and build-out, occupancy management, facilities management, and disposition.
According to the company, automating CRE knowledge and activities with SiteSeer-ie can have a significant impact on the financial success of a corporation in three key areas. First, expense reduction is achieved primarily by avoiding overcharges and uncontrolled rate increases. Second, revenue acceleration is realized by employing a disciplined approach to site selection, acquisition, construction, and final site disposition. Finally, SiteSeer-ie empowers management to make rapid decisions in reaction to unexpected property events (e.g., a utility failure) allowing a corporation to mitigate or eliminate lost revenue.
BayLogics’ target markets are those that maintain a high percentage of lease liabilities relative to total expense such as: retail (stores), telecommunications (towers), services (offices), healthcare (hospitals), and energy (plants, stations, and right-of-ways).
For more information, contact BAyLogics.
