Accruent

Accruent

IoT-enabled facilities asset management software

Overview

Accruent provides subscription-based software that helps organizations manage physical resources—buildings, equipment, and assets—across healthcare, higher education, and industrial sectors. Its modules cover facilities management, biomed/clinical engineering, supply chain, space scheduling, and event management, with IoT remote monitoring and data insights to optimize performance. It differentiates itself by combining cross-industry asset and facilities management with IoT and industry-focused data insights, serving over 10,000 customers. The goal is to improve efficiency, reduce downtime and costs, and extend the useful life of resources through ongoing software updates and professional services.

About Accruent

Simplify's Rating
Why Accruent is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Industrial & Manufacturing

Enterprise Software

Healthcare

Company Size

1,001-5,000

Company Stage

Acquired

Total Funding

$74.7M

Headquarters

Santa Monica, California

Founded

1995

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Simplify's Take

What believers are saying

  • July 2026 partnerships with Carter Synergy and PowerX expand into retail and telecom.
  • Brown University's RedEye deployment proves migration wins across legacy document-management replacements.
  • Insights 2025 introduced Crue AI and anomaly detection, strengthening upsell and renewal momentum.

What critics are saying

  • Competitors like Planon, IBM TRIRIGA, and ServiceNow FMS attack Accruent's enterprise accounts now.
  • Revelio shows headcount fell to 1,261 in March 2026, signaling execution pressure.
  • Fortive owns Accruent; any FAL restructuring or divestiture would jeopardize standalone identity.

What makes Accruent unique

  • Accruent's 2026 integrations with Esri, Microsoft 365, and Ellucian deepen workflow lock-in.
  • FAMIS 360 and EMS bundle maintenance, space scheduling, and energy management for campuses.
  • RedEye, Meridian, and Siterra span documents, assets, and telecom workflows across facilities.

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Funding

Total Funding

$74.7M

Below

Industry Average

Funded Over

7 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

-3%

1 year growth

-3%

2 year growth

-3%
MediShout
Aug 10th, 2026
Strategic insights from AAMI eXchange 2026.

Strategic insights from AAMI eXchange 2026. August 10, 2026 AI Integration, Skillset Evolution, and Leadership in Healthcare Technology. The AAMI eXchange 2026 in Denver provided critical insights into the future of Healthcare Technology Management (HTM) and Clinical Engineering (CE). With MediShout's Co-Founder and CSO, Ali Nehme Bahsoun and Director of Sales, Bharat Sharma on the ground connecting with industry leaders, the energy and innovation at the event were palpable. Amidst the showcase of innovations, a central objective remained clear: optimising hospital operations to function more intelligently, thereby reducing administrative burdens, accelerating the resolution of operational issues, and maximising clinical time for patient care. Practical Applications and Challenges of AI in HTM. A prominent focus of the conference was the practical application of Artificial Intelligence (AI) within HTM workflows. Industry experts identified five primary areas for immediate AI integration: standardising operational checklists, improving documentation processes and overall quality, leveraging scanning technologies to accelerate procedures, reducing the failure rates of cost codes, and implementing "talk as you work" functionality to manage administrative burdens in real-time. Despite the potential for highly advanced AI integration, industry professionals raised significant operational concerns. A primary issue is liability, specifically, determining whether AI developers or healthcare facilities assume the risk if an AI-assisted system fails during a patient incident. Additionally, there are concerns regarding practicality, with biomedical professionals noting that AI developers often prioritise revolutionary advancements over solving day-to-day challenges. Furthermore, organisations must navigate a generational divide within the talent pipeline: younger professionals tend to view AI as an essential efficiency tool that requires verification, while some industry veterans remain hesitant or entirely resistant to its adoption. The evolving Clinical Engineering skillset. The modernisation of healthcare facilities demands a rapid evolution of the clinical engineering skillset, particularly concerning interoperability, the Internet of Things (IoT), and cybersecurity. With the widespread adoption of EPR-connected devices, vulnerabilities such as disabled firewalls, outdated antivirus software, and unsecured administrative accounts have become prevalent. Consequently, modern clinical engineers must integrate rigorous cybersecurity protocols and first-line IT support into their competencies. Industry observations suggest that up to 50% of operational callouts stem from connectivity issues rather than equipment failure. Equipping clinical engineers with the training to instantly distinguish between network issues, cyber attacks, and hardware failures allows them to resolve problems on-site, preventing critical delays in patient care without requiring a formal handover to IT departments. Purpose-Driven leadership and global impact. Beyond technological developments, the conference emphasised the necessity of strong leadership and a broader perspective within healthcare operations. Army Capt. Shaina Coss, the first woman to lead elite Army Rangers in combat, shared critical leadership principles highly applicable to HTM, mastering one's mindset during difficult moments, embracing operational friction as a testing ground, and recognizing that true success is only achieved as a cohesive team. Additionally, Dr. Douglas Jackson highlighted the global impact of healthcare management through the work of Project C.U.R.E., an organization that has grown from a humble Colorado garage in 1987 to distribute donated medical supplies to over 135 countries. This presentation, along with the inspiring experience of Bharat and Ali personally meeting Dr. Jackson's parents at the event, reinforced the concept that optimising local hospital workflows contributes directly to a massive, interconnected ecosystem dedicated to saving lives on a global scale. MediShout's role. MediShout's one-stop digital platform provides a centralised solution designed to reduce the administrative burden on healthcare teams. By accelerating the resolution of operational and supplier issues, the platform ensures that facility operations run smoothly and ultimately gives clinicians more time back for direct patient care. Recognising the critical necessity of interoperability in modern clinical engineering, MediShout also leverages APIs to seamlessly integrate with established Computerised Maintenance Management Systems (CMMS) such as Nuvolo and Accruent. This connectivity enables healthcare facilities to modernise their workflows and resolve daily operational challenges while working synergistically with their existing digital infrastructure. Looking forward. The consensus among original equipment manufacturers (OEMs) and technology professionals is that all technological advancements must serve the clinical workflow. As healthcare departments continue to procure new AI models and manage the critical convergence of clinical engineering, IT, and cybersecurity, thorough due diligence, strategic cross-training, and rigorous digital inspections will remain essential for future success. Download the App. No more switching between helpdesks, phone calls, emails or paper lists. With MediShout, everything is in one App. General enquires.

Read Magazine
Jul 22nd, 2026
Accruent and PowerX forge collaboration to advance ai-driven energy intelligence across telecom infrastructure.

Accruent and PowerX forge collaboration to advance ai-driven energy intelligence across telecom infrastructure. July 22, 2026 Accruent, a provider of built environment management software and an operating company of Fortive Corporation, has established a strategic partnership with telecom intelligence provider PowerX. The joint initiative integrates PowerX's artificial intelligence (AI) and data science models directly into Accruent's Siterra site, asset, and workflow management software to help global tower companies (TowerCos) optimize energy consumption and streamline site performance. Unifying Real-World Field Telemetry with Core Systems of Record Under the new operational framework, Accruent's Siterra platform functions as the primary system of record for managing physical assets, project deployments, and leasing workflows. Concurrently, PowerX's intelligence engine continuously analyzes real-time data streams from distributed tower locations, monitoring live energy metrics, asset utilization patterns, and site performance anomalies. Discover more Company News Shipping & Logistics By bridging real-world site behavior with core operational databases, the integrated technology stack allows telecom operators to translate automated data insights into prioritized field workflows. This automated alignment minimizes manual reconciliation, accelerates field issue resolution, and helps maintain accurate financial and operational records across complex asset portfolios. Mitigating High Energy Exposure Across Distributed Networks Energy management remains one of the most volatile operating expenditures for telecom tower operators. According to data from the GSMA, energy costs can account for up to 40% of overall network operating expenses for typical tower sites in Africa. Remote or emerging-market installations-frequently reliant on diesel generators or unstable power grids-face heightened exposure to operational downtime and cost inflation. Discover more Aerospace & Defense Enterprise Technology Discrepancies often emerge as equipment is added, decommissioned, or degraded over time without immediate updates to central records. By continuously cross-referencing field data against Siterra's master databases, the combined solution automatically flags anomalies-such as unrecorded power loads or degrading hardware-and converts them into actionable maintenance tasks. "Telecom infrastructure teams need confidence that the data in their systems reflects what is actually happening in the field," said Gilles Mepossi Noutcha, Vice President and General Manager at Accruent. "By partnering with PowerX, Accruent is combining Siterra's system-of-record and workflow capabilities with AI-driven energy and asset intelligence that can continuously identify inefficiencies, anomalies and opportunities for improvement. This gives TowerCos a more proactive way to optimize site performance, control energy costs and act on emerging issues before they become larger operational or financial problems." "PowerX was built to give telecom infrastructure companies a clearer, more accurate view of what is happening across their sites," said Andrew Schafer, CEO of PowerX. "Partnering with Accruent allows us to connect that real-world intelligence directly into the workflows TowerCos already use to manage projects, sites, assets and operations. Together, we can help customers catch inefficiencies and discrepancies earlier, reduce manual analysis and reconciliation and make faster, better-informed decisions across their portfolios." Global Reach and Operational Impact This package is intended to benefit global tower infrastructure companies with their densely packed and geographically scattered networks. The package provides instant gains for operators from the distant regions or new markets where the unstable state of grid infrastructure and limited resources call for visibility and preventive measures on time. Through automation of anomalies and optimization of dispatching processes, the proposed solution can assist operators to minimize unneeded trips and ensure revenue security. Discover more Supply Chain Management Technology News

Accruent
Jul 7th, 2026
Accruent and Carter Synergy partner to reduce downtime and improve facility performance.

Accruent and Carter Synergy partner to reduce downtime and improve facility performance. Strategic Partnership combines Accruent's IoT predictive monitoring and CAFM system with Carter Synergy's HVACR technical expertise to improve uptime, reduce reactive maintenance and optimize energy performance across multi-site estates July 7, 2026 AUSTIN, TX - July 7, 2026 - Accruent, a leading provider of solutions to unify the built environment and an operating company of Fortive (NYSE: FTV), today announced a new strategic partnership with Carter Synergy, a leading provider of refrigeration, HVAC, mechanical, electrical and facilities management services. Through the partnership, Accruent will integrate Carter Synergy's Technical Bureau Services and deep HVACR (Heating, Ventilation, Air Conditioning, and Refrigeration) expertise into Accruent and its broader integrated facilities management product suite, enabling retailers to improve service quality, enhance operational performance and better manage critical assets across large, multi-site estates and portfolios. This partnership strengthens Accruent's support for multi-site facility managers, including grocery and retail organizations facing increasing pressure to reduce downtime, manage energy consumption, address skills shortages, and maintain regulatory compliance across complex facilities environments. By combining Accruent's IoT-based monitoring and intelligent anomaly detection with Carter Synergy's specialist HVACR and refrigeration expertise, Accruent can offer customers a technical bureau service under a single contract. This gives retailers access to specialist support that extends and optimizes internal teams and helps turn asset data into actionable insights. The combined offering will help customers improve refrigeration and building asset reliability, reduce reactive maintenance, support food safety and environmental and refrigerant compliance requirements, and identify opportunities to optimize energy performance across supermarkets and retail environments. "Retailers are under growing pressure to keep critical assets running, control energy costs and deliver consistent experiences across every location," said Gilles Mepossi Noutcha, Vice President and General Manager at Accruent. "By partnering with Carter Synergy, Accruent is bringing together best-in-class connected technology and top tier hands-on technical expertise to help customers quickly identify issues, intelligently prioritize action and improve performance across their facilities. This partnership reflects our continued focus on helping organizations unify the built environment and unlock greater value from their assets, data and operations." Carter Synergy brings more than 80 years of experience supporting facilities management and HVACR operations across the retail market. Its practical, field-tested expertise will help Accruent customers better interpret monitoring data, prioritize maintenance activity and scale best practices across complex estates. "Across the retail sector, engineering teams are facing increasing pressure to maintain asset performance, control energy consumption and minimize disruption, often with limited resources. The opportunity is no longer simply to collect more data, but to use that information effectively to make better operational decisions," said Thomas Morgan, Service Director, Carter Synergy. The partnership further positions Accruent and its integrated Maintain, Observe, Sustain CAFM suite of products as the premier outcome-led IoT platform for grocery and retail customers by combining technology, data and embedded domain expertise. It also strengthens the Accruent suite as an end-to-end solution that connects monitoring, maintenance and service execution, helping retailers standardize operations and improve decision-making across their facilities. ABOUT CARTER SYNERGY Carter Synergy is a UK-based provider of Refrigeration, Mechanical, Electrical and core Building Services, delivering end-to-end engineering solutions across the built environment. With more than 80 years of experience, Carter Synergy provides consultation, design, project management, supply, installation, commissioning, service and maintenance support for customers across sectors including supermarkets, distribution centers, hospitals and other critical environments. The company is part of the Carter Thermal Industries Group, which draws on 80 years of engineering experience across the UK and overseas in the Refrigeration, HVAC and M&E sectors. ABOUT ACCRUENT Accruent is a leading provider of solutions for unifying the built environment - spanning real estate, physical and digital assets, and the integrated technology systems that connect and control them. Accruent continues to set new expectations for how organizations can use data to transform how they manage their facilities and assets. With U.S. headquarters in Austin, Texas, Accruent serves over 5,000 customers in a wide range of industries in more than 100 countries worldwide. Press Contact Meredith Duhaime Senior Director, Digital Experience and Global Communications [email protected] * Share * Follow Us July 7, 2026

Hagerman & Company, Inc.
Jul 2nd, 2026
Brown University Modernizes Facilities Document Management with Accruent RedEye

Brown University modernizes facilities document management with Accruent RedEye. Learn how Brown University replaced its legacy on-premises engineering document management system with a modern, cloud-based solution that enables field teams to access critical building information from anywhere. Brown University is a prestigious Ivy League research institution located in Providence, Rhode Island. The university serves approximately 10,700 students across undergraduate, graduate, and medical programs. Its campus spans more than 275 buildings across 146 acres, blending historic structures, aging infrastructure, modern renovations, and major new construction projects. This complex environment requires modern, efficient approaches to facilities management. The Challenge Like many universities, Brown historically relied on a physical plan room where facilities staff accessed drawings, as-builts, and asset documentation in person. Between 2012 and 2014, the university digitized these records and implemented Accruent Meridian as its document management platform. While Meridian initially improved accessibility, Brown's operational needs evolved significantly over the following decade. The university manages a complex campus environment that includes aging infrastructure, historic buildings, and new construction, supported by systems such as Autodesk AutoCAD, ArcGIS, Planon, and emerging BIM initiatives. "We've learned a lot over the last decade about what works and what doesn't," said Colin Johnson, Director of Facilities Systems and Services at Brown University. "We've had a lot of staffing turnover throughout. We've lost a lot of that institutional knowledge that we built up around Meridian over the last decade." As facilities teams became more mobile and reliant on devices in the field, new challenges emerged: - Difficulty locating critical documents quickly - Inconsistent storage across systems and individual devices - Risk of lost files and knowledge gaps - Limited support for mobile workflows "People struggle to store documents consistently. Some things are tucked away in a Google Drive or on their desktop, and when someone leaves, those files can be lost." - Colin Johnson, Director of Facilities Systems and Services Brown needed a modern solution that could centralize documentation, improve searchability, and better support a mobile, distributed workforce. The Solution To support its digital strategy, Brown launched an RFI and RFP process to evaluate modern document management platforms that could better support cloud access, mobile use, workflows, and scalability. As part of this process, Brown partnered with Hagerman & Company, whose expertise in engineering information management helped guide the university through evaluation and selection. Hagerman provided insight into best practices for document control, system architecture, and long-term scalability, helping Brown align its requirements with a modern SaaS-based solution. Among the university's priorities were: * A true SaaS platform with regular updates * Cloud-hosted infrastructure * Easier search functionality * Improved mobile accessibility * More streamlined workflows * Easier onboarding for internal and external users * Brown ultimately selected Accruent RedEye. "The SaaS model was very appealing to us. A true cloud solution that receives regular updates is very important. We wanted something that has native and robust mobile access." - Colin Johnson, Director of Facilities Systems and Services In addition to supporting implementation, Hagerman assisted with migrating documents from Meridian, validating metadata, and helping establish a more standardized approach to managing engineering information. The Impact The transition to RedEye improved how Brown manages engineering documentation across its 275-building campus. RedEye delivered: * Immediate improvements in how teams access, search, and utilize critical engineering information. * The ability for staff members to retrieve the documentation they needed in real time, whether they were in the field or in the office. "I've been really impressed with what the mobile capabilities are that we've seen so far. Our technicians that rely on these documents out in the field are going to be very happy with that mobile app." - Colin Johnson, Director of Facilities Systems and Services By building a solution around mobile accessibility and user-centered design, Accruent helped Brown University bridge the gap between legacy systems and the mobile-first workforce that defines contemporary facilities operations. Organizations that invest in solutions aligned with how their teams actually work see measurable improvements in efficiency, collaboration, and operational effectiveness. For Brown, that investment in RedEye positioned the university to manage its complex campus environment with greater confidence and capability. Hagerman & Company, inc.

Accruent
Mar 24th, 2026
Accruent recognizes top-performing channel partners at the 2025 synergy partner conference.

Accruent recognizes top-performing channel partners at the 2025 synergy partner conference. The time is now to unify your built environment with purpose-built solutions. * To unsubscribe at any time, please use the "Unsubscribe" link included in the footer of its emails. * Follow Us

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