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Cadence Design Systems


CadenceChallenge: World’s largest supplier of electronic-design technologies and engineering services needed solution to manage nearly 2 million square feet over 86 company locations.

Solution: For four years, Manhattan Software's CenterStone has provided an integrated solution to manage Cadence’s global real estate portfolio, support its 4,700 employees and benchmark Cadence’s performance in the area of corporate real estate.

Results:

  • Optimized portfolio utilization through more efficient space allocation
  • Reduced occupancy expenses, contributing to bottom line results
  • Managing global portfolio of nearly 2 million square feet over 86 company locations.
  • Employee Self-Service functionality enables Cadence employees to access floor maps and corporate “yellow pages” for locating fellow employees
  • Cadence can benchmark its performance in the area of corporate real estate with other companies
  • CenterStone supports Cadence participation in national forums such as CoreNet Global and the Real Estate Executive Board

“The integrity and breadth of the information that CenterStone provides allows us to measure and compare our portfolio utilization for the purpose of discovering and implementing improvements. CenterStone provides our Workplace Resources group with the sophistication required to be a leader in our profession as well as an asset to Cadence's shareholders.”
Tim Collins, Director of Planning, Workplace Resources, Cadence Design Systems