MRI Software addresses the sustainability challenges of the real estate sector with the acquisition of eSight Energy
Adding a Global Energy Use Specialist Strengthens MRI’s Facility and Property Management Solution Set and Enables Organizations to Improve Energy Efficiency and Reduce Costs
LONDON, November 2, 2021 / PRNewswire / – MRI software, a world leader in real estate software, announces that it has acquired eSight Energy Limited, a UK-based software development company that empowers owners, operators and occupants around the world to better manage their energy use and environmental footprint. Deployment eSight EnergyÂ® The solutions enable organizations to improve decision making and energy savings through out-of-the-box, customizable reports and analysis. Acquisition enhances complete MRI facilities and property management capabilities by adding energy monitoring solutions that lower operating costs, reduce environmental impact, improve facility performance and help meet standards legislative and compliance.
âOne of the foundations of a well-connected community is sustainability. With this acquisition, we are delighted to continue to empower organizations to rise to the challenge by helping them achieve their environmental, social and governance goals, âsaid Saurabh Abhyankar, MRI product manager. âImproving sustainability and energy efficiency translates into a rare win-win situation in reducing costs, improving occupant health and helping the planet. eSight Energy provides businesses with the tools they need to ensure they are doing everything possible to achieve these goals. “
eSight Energy The software integrates with a wide range of real estate data sources and provides a unified view of a company’s energy footprint, whether through interactive dashboards or detailed, customizable reports. The result is to provide actionable insights that reduce costs and consumption, helping organizations increase the value of their real estate portfolios while contributing to a more sustainable environment. Based at Cambridge, UK, with offices in the United States, the company monitors more than 260,000 buildings and production sites in 60 countries, helping customers achieve savings of up to 30% on their energy costs.
MRI continues to invest in solutions that improve efficiency in every part of the organization – from scheduling, planning and reserving space to facility lifecycle management to best practices for use. Energy. The acquisition reinforces the company’s commitment to helping its clients deliver better overall ESG results now and in the future. In addition, the information generated by eSight Energy The software can be used to meet financial reporting requirements, such as energy and carbon reporting required by some governments. The software also simplifies and automates the tenant invoicing process, enabling accurate invoicing and on-time payments: it reads consumption data from tenant meters, generating error-free invoices; for multi-tenant buildings, the system can track individual sub-meters.
Janie Jefferies-Freer, CEO to eSight notes, âAs a global leader in real estate software solutions, MRI extends our reach and ability to help organizations around the world improve their energy performance and environmental impact. From retail stores to universities to office buildings, buildings today are powered by a multitude of energy sources that produce vast amounts of data from various systems, sensors and monitors. Combining eSight’s ability to leverage this data with MRI’s facility management capabilities enables more organizations, large and small, to track power consumption, identify issues and to resolve them quickly. “
Founded in 1998 with the aim of monitoring energy consumption and reducing associated costs, eSight enables organizations to centralize and analyze all types of data affecting the energy efficiency of their buildings and equipment regardless of the source, system or data format. MRI will continue to support eSight users without disruption.
About MRI software
MRI Software is a leading provider of real estate software solutions that are transforming the way communities live, work and play. MRI’s comprehensive, flexible, open and connected platform enables owners, operators and occupants of commercial and residential real estate organizations to innovate in rapidly changing markets. MRI has been a pioneer in the PropTech industry for more than five decades, serving more than two million users worldwide. Through cutting-edge solutions and a rich ecosystem of partners, MRI gives real estate companies the freedom to grow their business and gain a competitive advantage. For more information, please visit mrisoftware.com.
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