Accruent Acquisition of RedEye Accelerates Strategy with Engineering Document Management System

Author photo: Inderpreet Shoker
ByInderpreet Shoker
Acquisition or Partnership

Accruent, a provider of workplace and asset management solutions and Fortive company, announced that it has acquired RedEye, an Australia-based engineering document management company specializing in cloud-native solutions. This acquisition reflects Engineering Document ManagementAccruent’s ongoing commitment to providing differentiated, cloud-enabled solutions to drive business productivity.

RedEye's addition to Accruent's engineering document management system (EDMS) portfolio, which includes Meridian, provides customers with expanded options for storing and accessing their documents. This acquisition further solidifies Accruent’s position 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.

The RedEye solution:

• Expedites drawing discovery with advanced search capabilities, leveraging rich metadata, GIS, and QR codes for instant retrieval;

• Safeguards intellectual property and data in an ISO 27001 compliant solution;

• Provides robust API connectivity to seamlessly integrate documents across business systems.

Customers will have access to regional data hosting hubs designed to ensure compliance with privacy and security regulations applicable to their business. The offering is tailor-made for operating and maintaining complex facilities across manufacturing, oil and gas, utilities, mining, and pharmaceutical. 

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