e-Builder Enterprise Wins Best of SaaS Showplace Award
Integrated Software-as-a-Service Capital And Project Management Solution Suite Helps Organizations Manage Construction Projects
Wellesley, MA - July 20, 2009 - THINKstrategies, Inc., the leading strategic consulting company focused on the business implications of the on-demand services market, announced today that e-Builder has been named the latest winner of the Best of SaaS Showplace (BoSS) Awards program, which is aimed at promoting the measurable business benefits being delivered by today's Software-as-a-Service (SaaS) solutions.
The BoSS Awards program was announced in January 2009 as the latest initiative by THINKstrategies to bring attention to SaaS and cloud computing companies which are producing tangible business benefits for specific user organizations. These benefits include increased sales, lower costs, higher customer satisfaction, faster operations, and greater profitability.
e-Builder provides a web-based, fully integrated capital program and project management software suite for organizations managing facility planning, construction, and operations. North America's leading facility owners use e-Builder to improve project execution, resulting in increased productivity and quality, reduced cost, and faster project delivery. The system is modular in nature and can be deployed in phases. The primary modules include: Cost, Schedule, Business Process, Document Management, Reports, and Dashboards.
An example of the business value of the e-Builder Enterprise solution is at Memorial Hermann, one of the largest healthcare systems in Houston with 11 hospitals, numerous specialty and outpatient centers, and 19,000 employees serving over 1 million patients each year. Memorial Hermann is currently executing a $500 million capital program. The size and complexity of this construction effort created a lack of project cost visibility which resulted in project cost overruns. In addition, complex approval processes (e.g., vendor payment approval) affected productivity and contributed to the cost overruns (e.g., late fee payments). As a result of using e-Builder, the potential for cost overruns is greatly reduced. In addition, the use of e-Builder to automate certain construction processes has improved productivity and reduced project costs. For example, the vendor payment approval process has been reduced from 2 weeks to 2 days on average, which has improved vendor relations and eliminated late fees.
"We are pleased to have the SaaS Showplace recognize the business benefits our SaaS-based capital program and project management suite delivers to our customers," saidJonathan N. Antevy, Founder and CEO of e-Builder.
"In today's difficult economic climate it is imperative for organizations to tightly manage and control their capital projects," stated Jeffrey M. Kaplan, the founder of the SaaS Showplace and Managing Director of THINKstrategies, the strategic consulting firm which conceived and administers the Showplace. "The e-Builder Enterprise SaaS solution enables businesses to automate the capital and construction management process so they can satisfy their internal financial requirements and external vendor relationships."
IT/business decision-makers a quick directory of the leading SaaS providers and a convenient source of valuable insight regarding SaaS trends.
SaaS providers a targeted tool to increase their visibility among enterprise decision-makers, and gain access to key enabling technology suppliers.
Enabling technology suppliers a specialized platform to increase industry awareness regarding their SaaS solutions.
The SaaS Showplace is now the largest and highest ranked, vendor-independent, online directory and resource center of industry best practices in the SaaS market. For more information, go to www.saas-showplace.com or www.thinksaas.com.
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About the Best of SaaS Showplace (BoSS) Awards
The BoSS Award program is an ongoing initiative to identify and promote SaaS, and 'cloud computing', companies which are offering on-demand solutions which are generating measurable business benefits for their customers.
BoSS award winners are given special designation on the SaaS Showplace, with a summary of their award-winning solution(s) and customer success story. Award winners are also recognized in the SaaS Showplace newsletter, and are able to promote their award designation on their website and in pre-approved company material.
THINKstrategies, Inc. is the only strategic consulting services company formed specifically to address the unprecedented business challenges facing IT managers, solutions providers and investors today as the technology industry shifts toward a services orientation.
THINKstrategies' mission is to help our clients re-THINK their corporate strategies, and refocus their limited resources to achieve their business objectives. THINKstrategies helps enterprise decision-makers with their sourcing strategies, IT solutions providers with their marketing strategies, and VCs with their investment strategies.