Real estate and facilities managers, today more than ever, face increasing demands for more effective management of facilities, including workplace flexibility, sustainability, and a reduced carbon footprint. Considering the effects of an economic slowdown and a changing workplace dynamic (such as the trend of "hoteling"), CFOs and other senior executives are concerned that they can no longer afford to fully maintain unused space, and they need to control facilities maintenance costs. According to industry analysts, an integrated workplace management system is critical for meeting corporate sustainability goals.
Oracle's integrated workplace management solution covers four primary functions: project management, real estate/portfolio management, facility/space management, and maintenance management. In addition to the specific components for integrated workplace management, process improvements can be achieved by integration with financial management, human resources, and data analysis (or analytics) systems.
To comply with these cross-industry trends and business requirements, Oracle now offers a complete set of solutions to meet the complex needs of the integrated workplace. With Oracle's integrated process that maximizes and optimizes all aspects of asset and facilities management, companies can achieve lower direct and indirect costs. Also, Oracle provides a way to measure and monitor progress throughout the entire process.
Oracle Industry Solutions Address Complex Business Processes Oracle industry solutions leverage our best-in-class portfolio of applications and technology to address complex business processes relevant to your industry. Whether you start with one component or make a complete business transformation, Oracle enables you to build on your existing environment with an open-integration framework using standards-based middleware. Oracle industry solutions enable you to reduce costs, improve profitability, and gain a competitive edge.
KEY PRODUCTS IN ORACLE'S SOLUTION FOR INTEGRATED WORKPLACE MANAGEMENT