Study Finds That Sightlines College and University Clients Generate 11% Savings in Utilities Costs Study of spending patterns over three-year period finds that Sightlines members realize five-time return on their fees Business Wire GUILFORD, Conn. -- June 26, 2013 An independent study conducted by Ozanne Customer Analytics Group has found that academic institutions working with Sightlines, LLC to better manage their facilities and capital investment strategies achieved 11 percent savings in energy costs and 5 percent savings in operating costs over a three-year period. The scientific analysis by Ozanne determined that the average Sightlines member generated financial savings for their organizations that were five times the amount paid to Sightlines in membership fees over that three-year span of time. Sightlines works with approximately 400 academic campuses – approximately 17 percent of the four-year colleges and universities in the U.S. – to provide a holistic approach to defining capital investment needs and an independent view of campus facilities operating performance versus peer institutions. Ozanne Customer Analytics Group provides data-driven consulting to businesses and non-profit institutions in order to help them better measure the value they provide to their customers. Ozanne has worked with highly regarded organizations such as Dun & Bradstreet, Reed Elsevier and Sanofi-Aventis. To conduct its research, Ozanne researchers reviewed historical facilities performance trends for higher education facilities, both prior to and after engaging Sightlines. The historical trends prior to working with Sightlines formed the baseline of comparison to the performance of academic institutions that are actively engaged as Sightlines members. Based on this five-year statistical analysis, the Ozanne team identified three measurable benchmarks: *Over a rolling three-year period, Sightlines members on average experienced an 11.1 percent decrease in energy consumption expenses (approx. $700,000 in average savings); *On average, Sightlines members implementing the company’s recommendations to make specific asset-improving investments experienced a 5 percent decrease in daily operating costs for their facilities (approx. $103,000 in average savings); and *On average, Sightlines members experienced a 5.3 percent increase in their planned maintenance spending. This reallocation of resources improves the maintenance of systems, extends their life and on average lowers capital needs at a rate of three times the investment. The net fiscal impact of these cost savings, minus the additional spending and fees paid to Sightlines, produced an average return of five times the amount paid to Sightlines over a rolling three-year period. “We contacted Ozanne Analytics and asked them to conduct an independent statistical analysis of the ‘Big Data’ in our proprietary database that collects more than $10 billion in operating and capital costs annually,” said David Kadamus, president and chief executive officer of Sightlines. “The result of their study provides empirical evidence that the policies, operational changes and asset-improving investments Sightlines advises our members to make on a carefully planned schedule can produce substantial cost savings and help academic institutions better allocate their limited available capital.” About Sightlines Founded in 2000, Sightlines works with approximately 400 academic campuses annually to create its ROPA^SM (Return-on-Physical-Assets) service, which provides a holistic approach to defining capital needs and provides an independent view of campus performance, reliably benchmarked against peer institutions. Academic institutions use ROPA^SM to defend budgets, secure additional funds, evaluate new construction, rebalance budgets, assess maintenance backlogs, determine proper staffing and service levels, and successfully present budgets to boards. Sightlines was named to the 2012 Inc. 5000 list, an annual report from Inc. Magazine of the fastest growing privately owned businesses in the U.S., for the fourth consecutive year. For more information, please call 203-682-4952, go to www.sightlines.com or email firstname.lastname@example.org. Contact: Teague Communications Daryn Teague, 661-297-5292 email@example.com
Study Finds That Sightlines College and University Clients Generate 11% Savings in Utilities Costs
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