Planon Makes A Strong Strategic Move With Its Acquisition of conjectFM For The Mid-Market
Susan Clarke
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Executive Summary
On February 26, 2018, IWMS vendor Planon announced it had acquired the CAFM software business conjectFM from Aconex, a provider of software solutions for the construction and infrastructure industries. To learn more about the rationale behind the deal and implications for customers, Verdantix interviewed Pierre Guelen, CEO at Planon, and Jos Knops, Director Product Marketing at Planon. The acquisition covers all of conjectFM’s software, 200 customers and 45 employees. The deal provides Planon with (i) a CAFM software product that is especially competitive in the mid-market; and (ii) a stronger position in the DACH market for facilities management software. Verdantix finds this is a notable addition for Planon because it significantly boosts its competitive positioning for medium-sized organizations and will help it defend against smaller competitors.The conjectFM Product Provides Planon The Dual Means To Open New Opportunities And Defend Against Smaller Competitors
About the Author
Susan Clarke
Research Director
Susan leads the Verdantix Smart Buildings practice. Her current research agenda focuses on software solutions for real estate management including integrated workplace managem...
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