Research On Best-in-Class Real Estate Management Practices Now Available From Skire

Business Wire, Feb 21, 2008

Aberdeen Group Finds Integrated Workplace and Real Estate Management Solutions Drive Visibility in Best-in-Class Enterprises

MENLO PARK, Calif. -- Skire, Inc. (www.skire.com), the leading provider of capital program, integrated workplace, and project portfolio management software, today announced that a new Aberdeen Group, Inc. research study on enterprise spend for real estate is now available. The report, "Visibility: The Crux of Real Estate Management," surveyed real estate executives from over 100 enterprises and describes what best-in-class companies are doing to improve their corporate real estate management strategies.

The study, which was partially underwritten by Skire, found that best-in-class enterprises are:

* 54 percent more likely to utilize a central system of record;

* 22 percent to 100 percent more likely to have a central online repository for real estate documents;

* 40 percent more likely to utilize a system for notifications and alerts; and

* 39 percent more likely to have a system for budgeting, forecasting, and scenario analysis.

"Automation of the different real estate management functions in conjunction with establishing standardized and centralized processes have proven to be key drivers of performance improvements," said Bill Browning, research analyst, Aberdeen. "They leverage the resulting visibility into spend, process, and metrics to make better portfolio and real estate management decisions."

Enterprises surveyed credit real estate management solutions with achieving visibility into their real estate portfolio lifecycle and helping them significantly improve capital budget planning, portfolio management, and project management. Skire's Unifier[TM] platform has been recognized as a leading solution for providing complete portfolio visibility together with powerful lifecycle analysis and spend management. Skire is known for its deep project management expertise, which makes the Unifier platform especially strong for real estate owners' renovation and capital projects, as well.

Aberdeen Group, Inc. is the leading provider of fact-based research focused on the global technology-driven value chain. Founded in 1988, Aberdeen has established the market leading position as the "voice that matters" when it comes to understanding the measurable results being delivered by technology in business. The study is available from http://www.aberdeen.com/link/sponsor.asp?spid=30411045&cid=4572.

About Skire

Skire, Inc. is the leading provider of capital program, integrated workplace, and project portfolio management software. The company's flagship Unifier platform leverages the company's deep industry experience, giving customers unprecedented visibility and control over major programs and projects. Skire's solutions are used by global Fortune 1000 companies, government agencies, and educational institutions for managing billions of dollars in capital programs, real estate, and IT portfolios. The company is privately held and headquartered in Menlo Park, California. For more information, visit http://www.skire.com

Unifier is a trademark of Skire, Inc. All other products and services mentioned herein are trademarks of their respective companies.