LONDON, June 6, 2012 /PRNewswire/ --

Manhattan Software, the global leader in enterprise real estate software, has just been recognised as a "leader" by Gartner, Inc., in their latest Magic Quadrant for Integrated Workplace Management Systems (IWMS) 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 organisational 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 recognised 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 Europe and North America (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 honour to be recognised 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."

Steve Vatidis, Global Managing Director, commented, "We consider Gartner the de-facto standard assessment for IWMS solutions across the globe.  Being recognised as a leader in this landscape reaffirms our continued commitment to deliver best-in-class technology solutions, specifically designed to help customers improve efficiency, cut costs and optimise real estate and facility management performance."

About Manhattan Software Group

With headquarters located in the heart of London, the Manhattan Software Group is the global leader in enterprise property management software and is focused on improving the performance of its clients' real estate portfolios and facilities around the world. Recognised as a leader by Gartner, Inc., the Manhattan suite comprises of over 30 modules designed to manage the complete property life-cycle and meet the requirements of corporate real estate professionals, investors, fund managers and property managers.  Learn more at http://www.manhattansoftware.co.uk

For further information:
Ben Gardner
Manhattan Software Group
+44(0)20-7269-8500
bgardner@manhattansoftware.com

SOURCE Manhattan Software Group