Whitestone Research Announces MARS 7
Santa Barbara, CA – July 16, 2007 - Whitestone Research has released MARS 7, the latest version of its facility cost forecasting system. Introduced in 1998, MARS is a full-featured facility cost management tool, incorporating capital planning, condition assessment, asset tracking, and life cycle cost forecasting.
New Features in MARS 7 include:
* A 4-fold increase in M&R forecast detail
* A Project Builder for grouping and tracking M&R tasks
* Ability to classify building components by mission
* Plant Replacement Value (PRV) estimates by building type, size, and location
* Role-based security and relational database technology
Whitestone also is introducing two optional modules that add even more value to MARS:
* MARS Operations Cost Module forecasts operations costs in ten categories, including utilities, custodial services, grounds maintenance, security, and telecommunications
* MARS Workbench delivers direct access to the underlying forecast and market data for creating custom queries and reports, and integration with other software applications
MARS is a predictive modeling tool for forecasting facility maintenance & repair (M&R), operations, and capital costs. Designed for facilities managers, financial analysts, and real estate professionals, MARS leverages Whitestone’s years of experience in forecasting and benchmarking facility costs for companies and agencies of all sizes.
MARS provides a comprehensive set of capabilities for facility cost forecasting:
* Forecast long-range M&R funding and labor requirements
* Calculate deferred maintenance backlog
* Identify capital cost requirements
* Complete cost data and forecasts for 210 North American cities
* Rapid and flexible modeling process open to user-specified values
* Evaluate alternative funding strategies
* Compare actual cost trends to Whitestone benchmarks
* Aids for achieving Executive Order 13327 compliance
To learn more about MARS and schedule a free demonstration, please visit Whitestone's web site at http://www.whitestoneresearch.com, or call 800-210-0137.
Whitestone Research specializes in cost forecasting, applied policy research and econometric modeling for large facilities. Whitestone products and services are used every year by hundreds of major corporations, government agencies, and institutions. Whitestone has offices in Washington, DC and Santa Barbara, CA.
CONTACT:
Mike Panesis
Whitestone Research
509 E. Montecito St. STE 201
Santa Barbara, CA 93103
(800) 210-0137 x 105
mpanesis@whitestoneresearch.com
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