MRI Adds FSI Cloud Platform to IWMS Portfolio
MRI has acquired UK developer of enterprise class cloud-based facilities management software, FSI, in a move that will strengthen its integrated workplace management software capabilities.
FSI has more than 300 clients around the world, including Europe, North America, Asia Pacific and the Middle East. The company, which was founded in 1990, serves multiple asset classes and industries, including retail, healthcare, education, office, government, logistics and manufacturing. MRI will continue to support FSI users without interruption.
The acquisition complements MRI’s Integrated Workplace Management System (IWMS) solution and strengthens the company's leadership in PropTech focusex on workplaces by bolting on additional IoT connectivity options to the MRI platform which will connect systems from every part of a building and enable facilities managers to centralise operational control and gain actionable insights that improve performance; and enabling a "digital-first" experience via mobile applications that allow providers to easily manage on-the-go workforce from anywhere in the world, while also giving occupiers a better experience by being able to input and track service requests.
FSI's solution additional promotes sustainability by empowering FM teams with the tools to accurately monitor energy consumption across properties and make data-driven adjustments that cut carbon emissions, improve equipment life expectancy and at the same time reduce costs.
John Moriarty, FSI CEO and managing director, comments: "MRI offers a scale and global reach that will enable us to accelerate growth in our existing markets and new territories. We share MRI’s vision of an open and connected solution set that will empower our clients to speed up digital transformation – the importance of which has become abundantly clear as the COVID-19 crisis has evolved. Becoming part of MRI also means our customers have the opportunity to tap into its broad range of innovative IWMS and property management solutions, which enable organisations of all types to more effectively manage their real estate portfolios and meet today’s business challenges."
Dermot Briody, MRI’s Senior Vice President and Executive Managing Director of EMEA and Occupier Solutions, adds: "Facilities management teams play a critical role in making sure offices are running safely and efficiently as people begin returning to workplaces around the globe.
"This latest acquisition significantly enhances our facilities management capabilities with a comprehensive, modern software solution that helps clients ensure their buildings and campuses are clean, properly equipped and well-maintained for their visitors and employees."