Infor Launches Construction and Property Management, a Cloud-based Solution to Support Industry's Push into Property Management

Infor | August 27, 2020

Infor, a global leader in business cloud software specialized by industry, today announced the launch of Infor Construction and Property Management, a cloud-based solution that lets construction businesses, serving the healthcare and public sector industries, digitize their entire operations and expand into property management roles. Infor Construction and Property Management offers embedded business intelligence and analytics, simplified navigation, and enhanced security and SaaS capabilities to help businesses manage the entire building process, from scaffolding to lease management. "Construction companies are expanding beyond their traditional role as a builder to now include property management," said Bill Vellante, Infor vice president and general manager. "With Infor Construction and Property Management, you have a single platform that takes you from scaffolds to tenants. With a sophisticated user interface and modern digital architecture, users now have insights across the full development and management phases." Infor Construction and Property Management is tailored for construction businesses serving customers across the healthcare industry and public sector. For healthcare-focused businesses, the solution can help reduce the cost of hospital and commercial office building build outs, as well as property management of leases and tenants, which in turn boosts operational efficiency. Public sector-focused construction businesses can leverage the solution to solve critical leasing needs, such as sourcing and managing tenants for airport and transit centers, school and educational buildings, U.S. Department of Housing and Urban Development (HUD) properties, and higher education and university management housing.

Spotlight

In cyber-security, social engineering refers to the manipulation of individuals in order to induce them to carry out specific actions or to divulge information that can be of use to an attacker. Social engineering in itself does not necessarily require a large amount of technical knowledge in order to be successful. Instead, social engineering preys on common aspects of human psychology such as curiosity, courtesy, gullibility, greed, thoughtlessness, shyness and apathy.


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ENGINEERING TECH

AkitaBox and McKinstry Announce Partnership to Deliver Facility Condition Assessment Software Offering

McKinstry | May 20, 2022

AkitaBox and McKinstry announce their partnership on delivering facility condition assessments (FCAs). AkitaBox FCA software will give architecture/engineering/construction (AEC) firms and building owners/operators a tool for conducting data collection, reporting, and other aspects of a complete FCA. "A partnership with McKinstry, a leader in designing, constructing, operating, and maintaining high performance buildings, is exciting for AkitaBox, Their invaluable testing and feedback will help us ensure our software will truly improve every aspect of FCAs." AkitaBox co-founder Josh Lowe "We believe that we can help transform something that's been overlooked and is in desperate need of change," Lowe adds. "We look forward to moving the industry towards a better FCA, one asset at a time." The collaboration began in mid-2021, when McKinstry first learned AkitaBox was developing FCA software. At the time, the company was looking for ways to augment their existing FCA offering to boost delivery of their building consulting services. "McKinstry is partnering with AkitaBox to enhance our facility condition assessment and asset data collection, analysis, and reporting," says Casey Morris, national facility assessment leader for McKinstry. "AkitaBox brings a set of capabilities that complement our existing tools and methodologies while advancing our ability to achieve greater efficiency and improve deliverables for our clients." "This partnership will expand our capabilities in the marketplace," continues Morris. "It's going to give us an opportunity to be more competitive while still offering the actionable data and custom solutions for which McKinstry is known." AkitaBox FCA software fully digitizes a facility's floor plans and maps the location of each asset to the plan, creating a digital twin. Assessment data is collected and incorporated directly into the digital twin. This data can continue to be updated after the FCA is complete for an always current view of facility condition. About AkitaBox AkitaBox delivers an unrivaled data-driven software to assess and optimize the operation and condition of facilities, from the boiler room to the boardroom. Their cloud-based software provides real-time facilities data in a visual and easy-to-use, customizable format - helping teams simplify their operations, reduce risk, and solve even the most complex facility challenges. The AkitaBox Pulse suite of software solutions includes Facility Condition Assessment, Capital Management, Asset Management, Work Order Management, Preventive Maintenance, Occupant Experience, and Inspections. Visit www.akitabox.com. About McKinstry McKinstry is a full-service, design-build-operate-and-maintain firm specializing in consulting, construction, energy, and facility services. The firm's innovative, integrated delivery methodology provides clients with a single point of accountability that drives waste and redundancy out of the design/build process. With over 2,000 professional staff and trades people throughout the United States and operations in more than 20 states, McKinstry advocates collaborative, sustainable solutions designed to ensure occupant comfort, improve systems efficiency, reduce facility operational costs, and optimize profitability "For The Life of Your Building."

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DESIGN

Wilkus Architects Selects Unanet for ERP to Help Manage Growth

Wilkus Architects | January 27, 2022

Unanet, the leading provider of project-based ERP for the architecture, engineering and construction (AEC) industry, announced that Wilkus Architects, a leading architecture firm with projects throughout North America, has selected Unanet ERP AE to help it better manage invoicing, employee time, forecast staffing needs, and financial decisions. Wilkus Architects is a family-owned company founded in 1990 that specializes in retail, commercial, restaurant, and hospitality design and has quickly grown from approximately 30 to 50 employees over the last two years with more than 400 projects a year. This growth and a review of their current invoicing and projection systems exposed the need for a more streamlined, less cumbersome ERP system, especially for accounting, financial management, and forecasting of labor and projects. "We received excellent referrals for Unanet from engineering and architect firms that gave us confidence in Unanet's capabilities and customer service, As we continue to grow, we are excited about Unanet's ability to provide us with clear and smart business reporting and forecasting across a multitude of variables that we look at to help us forecast and scale effectively." -Lindsey Wilkus, Wilkus Architects' Chief Financial Officer. Once implemented, Unanet will give Wilkus Architects a variety of benefits it needs to succeed in growing its business including: Simplifying time and data entry Elimination of cumbersome and duplicative invoicing practices across the business and across projects in different states Specialized reporting and views of business volume by project, state and client. More than 1,800 architecture, engineering and construction companies like Wilkus Architects select Unanet ERP AE because it has the right mix of functionality and accessibility, while also offering the ability to scale and grow seamlessly. To learn more about Unanet ERP AE please visit https://unanet.com/erp-for-a-e/erp-for-a-e-overview/. About Unanet Unanet is a leading provider of project-based ERP and CRM solutions purpose-built for Government Contractors, architecture, engineering, construction, and professional services. More than 3,400 project-driven organizations depend on Unanet to turn their information into actionable insights, drive better decision-making, and accelerate business growth. All backed by a people-centered team invested in the success of your projects, people, and financials. For more information, visit www.unanet.com. About Wilkus Architects Wilkus Architects located in Hopkins, Minn. was established in 1990. The firm has completed projects in 49 states, Canada, and the Middle East. The firm specializes in retail, commercial, restaurant and hospitality design. The firm has experienced continuous growth and currently specializes in client interactive projects. As the firm has expanded, its formed relationships with other professionals, and developed expertise to address the myriad planning, design, and construction concerns faced by growing municipalities and corporations. We deliver comprehensive services through project teams created according to your specific needs as a client. In doing so, we offer the stability and state-of-the-art resources of a larger firm, plus the creative atmosphere and personal attention of a small office. http://www.wilkusarch.com.

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CONSTRUCTION

ISC Launches New Construction General Liability Program for Middle-Market Firms

ISC | February 04, 2022

California-based Integrated Specialty Coverages (“ISC”), a leading, multi-line program administrator that builds end-to-end insurance products utilizing advanced artificial intelligence (AI) engineering and data analytics, today announced that together with carrier partner Sutton National, it has launched the new PREMIUM General Liability Program for the construction industry.The PREMIUM program was designed for middle-market construction firms and is tailored to the specific eligible regions or states. The exclusive program is currently available to select brokers in New York (addressing NY labor laws), New Jersey, Connecticut, Massachusetts, Pennsylvania and California, with Texas coming soon. With the PREMIUM product, ISC is able to provide their appointed brokers a solution for almost all of their contractor and construction firm clients, starting from Project-Specific, and on to STANDARD, PLUS and now PREMIUM. “Sutton National has been an incredible partner to work with,Responsive to the needs of the market, Sutton and our reinsurance partners were able to provide the limits our brokers need to meet their clients’ demands, in particular in the New York and Northeast markets.” -Matt Grossberg, Chief Executive Officer. Shane Haverstick, CEO & COO of Sutton National commented, Sutton National is excited to expand our partnership with ISC into the Premium GL program. He continued, ISC brings a best-in-class team, underwriting-focused approach, and platform sophistication to an underserved market. We look forward to building this opportunity together with ISC and the strong reinsurance panel supporting the deal. ISC is building a one-stop-shop for the construction market, serving brokers nationwide looking to get their clients covered and specialize in the industry. “Understanding the needs of a particular region or state is an important first step wherever we launch the program,” said Wendy Nowosiadly, VP of Underwriting and PREMIUM program manager. “We’re taking great care to be able to serve local markets and provide brokers the coverage, support and expertise they need.” About Integrated Specialty Coverages Integrated Specialty Coverages (ISC) is a leading, multi-line program administrator dedicated to underwriting excellence, client service, and customer experience. ISC has built an end-to-end insurance platform by connecting a broad network of insurance markets and distribution channels with proprietary data analytics capabilities. The firm uses sophisticated technology and analytics to revolutionize how complex programs are underwritten and operated. They are joined by experienced professionals from all spheres of the insurance ecosystem. ISC's strategy is focused on a combination of strategic M&A, data-driven decision making, as well as an innovative means of delivery. ISC provides its partners with high-quality service, competitive commission, and creative product delivery options to help expand their footprint in any desired line or class of business. Please visit: https://iscmga.com/

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CONSTRUCTION

Onyx+East and Pretium Start Construction of Inaugural Build-to-Rent Community

Pretium | March 21, 2022

Onyx+East, an award-winning homebuilder headquartered in Indianapolis and known for its modern and functional home designs, and Pretium, a specialized investment firm with $40 billion in assets, today announced the start of construction of Monterey, the first build-to-rent ("BTR") community under development through their previously announced joint venture. As part of the joint venture, Onyx+East and Pretium are committed to investing approximately $600 million to develop, build, and operate new single-family, BTR communities across key Midwestern markets and along Florida's West Coast. Monterey will be a 24-home BTR community in Tampa, Florida with brand-new townhomes that incorporate sustainable home features such as luxury vinyl plank flooring and stucco exteriors, providing a sustainable and modern rental option. Located among the vibrant neighborhoods of West Tampa and Westshore, the location also provides easy access to Midtown Tampa, a 22-acre mixed-use district featuring Class A office space, mixed-use retail and entertainment, luxury apartment residences, and a boutique hotel. Residents will have the option to rent three- and four-bedroom townhomes with attached garages and will be walking distance from Midtown Tampa's coveted urban amenities including Whole Foods, REI, a community dog park, and a watercourse trail. Monterey is a short commute from employment centers with over 160,000 jobs and major economic drivers including The University of Tampa, West River Development, and the Tampa General Hospital. "This attractive location in Tampa's Midtown offers residents convenient transportation options throughout the Tampa/St. Pete metro area and plentiful opportunities for shopping, dining, and outdoor activities, Monterey will provide a desirable alternative to typical apartment living, offering residents a higher quality rental experience featuring private garages, dedicated outdoor spaces, and open and flexible floor plans." Onyx+East's CEO, Kelli Lawrence "Our partnership with Onyx+East and the Monterey project are emblematic of the high-quality, accessible, and affordable homes we are committed to building, renting, and operating," said Matt Johnston, Managing Director and Head of Build-to-Rent at Pretium. "This BTR community will offer Tampa residents a single-family lifestyle of modern, sustainable, and healthy homes with amenities and a location that we know our residents want. With today's national housing supply shortage only intensifying, we will continue to work with our partners to build homes and play a leading role as part of the private capital solution." Monterey will be located at 1315 N. Himes Avenue. The joint venture purchased the land in February 2022 and the first units are expected to be available to rent in Q4 2023. About Onyx+East Onyx+East is a full-service homebuilder executing development, construction, marketing, design, and sales with four offices in the Midwest and Florida. Founded in 2015 to deliver homes in the most desirable locations with an exceptional customer experience, Onyx+East creates places designed for modern living that are connected within growing cities and suburbs. Through creativity, innovation, and sustainability, Onyx+East creates communities that are changing the way people live, work and "do life." For more information, visit onyxandeast.com. About Pretium Pretium is a specialized investment firm focused on U.S. residential real estate, residential credit, and corporate credit. Pretium was founded in 2012 to capitalize on secular investment and lending opportunities arising as a result of structural changes, disruptions, and inefficiencies within the economy. Pretium has built an integrated analytical and operational ecosystem within the U.S. housing, residential credit, and corporate credit markets, and believes that its insight and experience within these markets create a strategic advantage over other investment managers. Pretium's platform has approximately $40 billion of assets under management as of February 1, 2022 and employs more than 3,000 people across 30 offices, including London and Dubai.

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Spotlight

In cyber-security, social engineering refers to the manipulation of individuals in order to induce them to carry out specific actions or to divulge information that can be of use to an attacker. Social engineering in itself does not necessarily require a large amount of technical knowledge in order to be successful. Instead, social engineering preys on common aspects of human psychology such as curiosity, courtesy, gullibility, greed, thoughtlessness, shyness and apathy.

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