CentralSquare Acquires Lucity: Adds Leading Enterprise Asset Management (EAM) Software to Industry’s Broadest, Smartest and Most Unified Public Administration Cloud Software Suite
acquired Lucity, a provider of enterprise asset management (EAM) software, exclusively focused on the needs of local governments. CentralSquare already provides a software platform that enables municipalities and counties to manage and optimize key functions, including finance, human capital management, community development, utility billing, taxes, revenue management and citizen engagement. Acquiring Lucity and integrating its solutions with CentralSquare’s enables public sector agencies to manage every function of local government using a single, smart and unified software suite, available in the cloud or on-premise.
“Lucity's Enterprise Asset Management (EAM) software is a logical extension of the CentralSquare public administration suite. Being able to get a comprehensive picture across finance, community development, asset management, and work orders will improve efficiency and increase transparency for North American public administration agencies and the communities they serve," said Barbara Madruga, Director, Technology Services Department, City of Medford, OR. Jeff Kasson, IT Manager, City of North Port, FL, commented, “We are excited to see Lucity’s Enterprise Asset Management software benefit from the deep bench of talent and resources that being a part of CentralSquare will bring.”
Furthermore, data shows that of the 33,000 traffic fatalities each year, one-third involve poor road conditions. Lucity’s software catalyzes public safety through preventive maintenance of roads and analysis of accident data to reduce the number of road fatalities. Similarly, Lucity’s software enables better upkeep of powerlines and transformers. Downed powerlines are cited as the cause in many wildfires, which destroy thousands of homes each year.
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