Manhattan Software Named a Leader in the 2012 Gartner Magic Quadrant for Integrated Workplace Management Systems

MILFORD, Mass., June 1, 2012 /PRNewswire/ -- Manhattan Software, the global leader in enterprise real estate software, has just been recognized as a "leader" by Gartner, Inc., in their latest Magic Quadrant for Integrated Workplace Management Systems which positions IWMS software companies according to their vision and ability to execute.  Manhattan Software is a leader in the Magic Quadrant because of its strong position in both areas. Gartner says that "leaders have strength in applications and platform technology, demonstrate a high level of quality in product reliability and service, have strong operational and organizational capabilities and financial stability, have global reach and offer a strong vision of customer needs, reflected in a robust development road map."

The Manhattan IWMS solution provides end-to-end capabilities from planning, financial management and budgeting, project management, real estate and portfolio management, facilities and space management, operations and maintenance, and sustainability.  The benefits of an integrated IWMS approach far outweigh the efforts required to piece together disparate applications. Gartner recognized Manhattan Software as a leader for several key reasons, including:

• Powerful offerings across the IWMS functional spectrum with strong, well-integrated financial management and analytical capabilities (which will be especially important when the FASB/IASB accounting change eliminates the off-balance-sheet operating lease in 2015/2016).
• Manhattan has a strong, balanced presence in North America and Europe (with strong multiple language capabilities) for multinational corporations (MNCs) looking for an international footprint.
• Robust GIS location management solutions since becoming a Gold Partner with Esri.

"Manhattan Software is pleased to see its placement in the Leaders corner of the 2012 Gartner Magic Quadrant for IWMS.  We continue to focus exclusively on the real estate, property and facility management markets, extending our industry stewardship globally, so it is an honor to be recognized by Gartner as a leader," said Craig Gillespie, CEO, Manhattan Software, Americas. "In the last year alone, Manhattan expanded its personnel by over 25%; we will continue to add staff with strong industry experience to persist in our leadership role as we meet the growing demands of the marketplace and our ever expanding customer base."

About the Magic Quadrant
The Magic Quadrant is copyrighted 2012 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Manhattan Software
Manhattan Software is the global leader in enterprise real estate software.  Manhattan is focused on improving the performance of our clients' real estate and facilities, wherever they are located.  Manhattan Software offers two product suites: Manhattan, the #1 Integrated Workplace Management Solution (IWMS) and CenterStone, the leading Computer Aided Facility Management (CAFM) software product.  As an integrated suite of products, Manhattan improves clients' performance by enabling seamless management of all aspects of their real estate operations and portfolio. Manhattan is an advanced, web-based real estate lifecycle solution that readily integrates into an organization's existing infrastructure.    

For additional information, visit www.manhattansoftware.com.

SOURCE Manhattan Software