ARGUS Software Launches New Online Offering With ARGUS On Demand

Subscription-based online service provides ‘anywhere, anytime’ access to ARGUS commercial real estate solutions

TORONTO, ONTARIO–(Marketwired – Feb. 11, 2016) - ARGUS Software Inc. (“ARGUS”), a subsidiary of Altus Group Limited (“Altus Group”) (TSX:AIF) and the leading global provider of software solutions for the commercial real estate (“CRE”) industry, announces the availability of ARGUS On Demand (“AOD”), an affordable, hosted and subscription-based online service that provides access to ARGUS’ industry leading solutions, including ARGUS Enterprise (“AE”) and ARGUS Developer, from anywhere with little-to-no infrastructure.

AOD is designed to facilitate easy collaboration, rapid deployment and flexible user management for brokers, appraisers, developers and those involved with asset and investment management. AOD reduces the total cost of ownership (TCO) for Enterprise clients, provides a lower cost alternative solution for small and mid-size business clients (SMB), and offers convenient collaboration between current and legacy ARGUS software users as well as other marketplace partners.

Using web services and thin client technology, AOD allows access to a shared application and process server and provides a dedicated database for each client. As a result, clients have limited involvement with upgrades and updates along with the benefit of 24/7 infrastructure support. A flexible and scalable licensing model provides both monthly or term subscription options, while a self-service web portal provides convenient application provisioning and account management. AOD is currently offered in North America with future plans for availability in additional international markets.

“AOD is a flexible and affordable service that further opens up the power of ARGUS’ industry-leading solutions to the CRE industry. Client applications are readily accessible without the need for complex infrastructure to install or manage,” said Robert Courteau, Chief Executive Officer, Altus Group. “Offering our clients the option to choose how they access, manage and license ARGUS solutions provides them with the flexibility they need to continue to invest in our industry-leading technology to advance their business objectives.”

AOD provides the following key benefits:

  • Lower cost of ownership: reduces TCO by providing zero infrastructure offering for Enterprise clients and a low cost alternative solution for SMB organizations, along with the benefit of 24/7 infrastructure support.
  • Convenient management and collaboration: rapid deployment to get up and running quickly, collaboration between current and legacy ARGUS software users as well as other marketplace partners, and flexible user management through a self-service web portal for easy account management and instant application provisioning.
  • Flexible and scalable licensing: affordable subscription-priced offering to align with various Enterprise and SMB client business needs including monthly, term and pro-rated subscription options.