VIENNA, VIRGINIA (October 10, 2005). The British Institute of Facilities Management (BIFM) named Vivum Group LLC's Vista application as 'Highly Commended' in its prestigious 'Award for Innovation' competition.
Vista was nominated by one of Vivum's clients, Land Securities Trillium (LST), for its innovative role in the budgeting process for LST's facilities management activities. Following demonstrations of the Vista application, BIFM's judges awarded it with the 'Highly Commended', or runner-up, category. The 'Award for Innovation' is one of 12 categories in the BIFM 'Investors in Excellence' Awards Program.
Fitz Lee, Vivum's Chief Executive Officer, said "We are honored that the innovation we have incorporated into Vista has been recognized by BIFM." "We entered this market in order to bring new technologies to bear in the real estate industry, and the fact that Vista was nominated by one of our customers is a testament to the positive impact it has had on their business," he continued.
The British Institute of Facilities Management (BIFM) is the United Kingdom's leading institute representing the interests of those who practice facilities management and those who work in organizations supplying facilities management related products or services. Since its formation in 1993, the BIFM has remained the fastest growing professional body in the United Kingdom and is the largest national facilities management organization in the world.
Vivum Group LLC, founded in 2001, is a privately held corporation that develops commercial real estate asset management and finance software solutions. The company is headquartered in Vienna, Virginia. Vivum's mission is to develop intuitive, sophisticated software for the commercial real estate sector, bringing user-friendly technology solutions to decision-makers so they have access to the data they need to make lasting and substantial improvements in their property portfolios and performance.