Fortive business Accruent has acquired RedEye, an Australia-based engineering document management company specialising in next generation cloud-native solutions.
The acquisition supports Accruent’s ongoing commitment to provide differentiated, cloud-enabled solutions to drive business productivity.
RedEye will be offered as part of Accruent's engineering document management system (EDMS) portfolio, which includes Meridian (a platform for simplifies project document change and external sharing using a controlled digital process — both to and from contractors), and provides customers with expanded options for storing and accessing their documents.
The acquisition further solidifies Accruent’s leadership in the EDMS space, offering a versatile SaaS solution that enables customers across various industries, whether on-premise or cloud-based, to securely manage their engineering documents, drawings, and media from any device.
Features of the RedEye solution include expedited drawing discovery with advanced search capabilities, leveraging rich metadata, GIS, and QR codes for instant retrieval, safeguarding intellectual property and data in an ISO 27001 compliant solution, and robust API connectivity to integrate documents across business systems seamlessly.
Customers will have access to regional data hosting hubs designed to ensure compliance with privacy and security regulations applicable to their business.
This acquisition underscores our commitment to delivering industry-leading solutions across our portfolio, with a continued investment in comprehensive solutions across the facility and asset workflow ...
The offering is tailor-made for operating and maintaining complex facilities across manufacturing, oil and gas, utilities, mining, and pharmaceutical.
Bill Pollak, President of Accruent, comments: "This acquisition underscores our commitment to delivering industry-leading solutions across our portfolio, with a continued investment in comprehensive solutions across the facility and asset workflow, while further expanding Accruent's presence in the region.
"Overall, RedEye’s industry-focused, cloud-native solution, coupled with its strong customer satisfaction, aligns with our investment strategy and long-term objectives."
