Shopping Center Tenants, Management Benefit from Site-Specific Labor Market Analytics

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Mon May 18, 2009 8:02am EDT

Shopping Center Tenants, Management Benefit from Site-Specific Labor Market
Analytics

Analytics service, Orion, from Jones Lang LaSalle leverages SRC technology and
STI: PopStats updates 

LAS VEGAS, May 18 /PRNewswire-FirstCall/ -- SRC, LLC, the leader in providing
Geographic Business Intelligence(TM) solutions, today announced details
regarding the role its software and professional services are playing in the
development and deployment of advanced labor force analytics service Orion by
Jones Lang LaSalle (JLL), the leading financial and professional services firm
specializing in real estate.  The announcement was made at the International
Council of Shopping Centers' RECon event, the Global Retail Real Estate
Convention, May 17-20 in Las Vegas.

In addition, SRC highlighted the role of data partner Synergos Technologies'
product STI: PopStats(TM) in delivering quarterly updated population
estimates, critical to ensuring the timeliness and accuracy of employee pool
assessments, especially during periods of significant socio-economic change. 

SRC's Alteryx(R) Geographic Business Intelligence(TM) platform provided the
robust spatial and business intelligence application environment for JLL to
build and deliver Orion to its global commercial real estate clients through a
Web-based, enterprise offering. 

"We designed the Alteryx platform to enable rapid, transparent, and on-demand
integration of spatial and non-spatial data into customized business
intelligence applications and visualizations," said Dean Stoecker, CEO of SRC.
 "Commercial real estate professionals use SRC solutions to view and analyze
any number of data sources available through a single, consistent, current and
reliable reporting and data visualization platform."

SRC provides consistent, frequently-updated population and market data through
the industry's most flexible, analytics-independent decision-support platform.
 Through Orion, JLL offices around the globe develop current and predictive
labor force decisions as a key component that drives insight when making site
selection recommendations.

"We seek to bring best-in-class tools to assist clients in making location
decisions that capitalize on opportunities and avoid risks," explained Wayne
Gearey, vice president of Global Location Solutions at Jones Lang LaSalle.  

SRC works with Synergos to offer quick turnaround of demographic shift data
due to factors such as natural disasters and economic fluctuations. More
frequently updated population data delivers insight into the nature of any
given area's changing employee pool skills or consumer shopping habits.

Orion inputs each JLL client's strategic business requirements tailored
specifically to their operational dependencies.  From these requirements, a
multitude of workforce population factors are analyzed and weighted by
importance using public, private and industry data sources to generate top
market rankings, heat maps and site-specific reports, all available at the
click of a button. 

About SRC
SRC software and solutions enable fact-based decision-making by delivering
comprehensive data access and analysis with unparalleled performance. SRC's
Geographic Business Intelligence(TM) software serves Fortune 500 companies and
more than 240,000 users worldwide, delivering specialized consumer and market
insight and seamlessly scaling between local, regional and global markets via
desktop applications or over the Web. For more information, contact SRC at
888.836.4274 or visit www.ExtendTheReach.com.

Alteryx is a registered trademark and Geographic Business Intelligence is a
trademark of SRC, LLC.  

Other products named herein may be trademarks of their respective
manufacturers and are hereby recognized.



SOURCE  SRC, LLC

Jennifer Ristic, Airfoil Public Relations, +1-248-304-1421,
ristic@airfoilpr.com
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