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ihiji

Market size & growth categories. ihiji. ANNETTE BUCKELY BRYAN DIMERY LARA HANNEMAN TINA BROOKS COURTNEY JEFFRIES. Universities: Private. Public vs. Private Colleges/Universities. Public: Distance learning Multiple campuses Funding Importance of security Private:

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ihiji

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  1. Market size & growth categories ihiji ANNETTE BUCKELY BRYAN DIMERY LARA HANNEMAN TINA BROOKS COURTNEY JEFFRIES

  2. Universities: Private

  3. Public vs. Private Colleges/Universities • Public: • Distance learning • Multiple campuses • Funding • Importance of security • Private: • Slightly smaller market: • Approx. 1000-1300 institutions • Less recession proof • Possibly more green building • More prone to IT/network failures • Importance of security

  4. Public Vs. Private Institutions • “…public colleges have gained market share vs. private colleges as always occurs during a recession.” • “Differences in funding sources also played a role. Public colleges were able better able to maintain income because much of their income is tuition. • Tuition rates rose sharply during this period.” • Private tuition costs rose 4.5% in 2009, compared with increases of 6% in previous years. • Clark, J. (2009). Best values in private colleges. Kiplinger's Personal Finance, 63(12), 49-55. Retrieved from Business Source Complete database. • Haughey, J. (2010, November 23). Education construction spending returns to 2009 yearend level. Reed Construction Data. Retrieved from: http://www.reedconstructiondata.com • Office of Publications and Marketing at Cornell University. (2009, March). Economic Impact on New York State. Retrieved from: http://www.aau.edu/

  5. College Construction Statistics Expecting a recovery How will ihiji’s services affect the cost per square foot? Abramson, P. (2010, February). 15th Annual College Construction Report. College Planning & Management. Retrieved from: http://www.ncef.org/

  6. College Construction Statistics Cont’d. Agron, J. (2009, May 1). 35th Annual Official Education Construction Report. American School & University. Retrieved from: http://www.asumag.com Abramson, P. (2010, February). 15th Annual College Construction Report. College Planning & Management. Retrieved from: http://www.ncef.org/

  7. Educational Facilities Budgeting • 11 %of total college budget to M&O • 16.4 % the year before • The area affecting M&O budgets the most is energy expenditures. • “…energy costs are second only to personnel costs for school district budgets, totaling approximately $8 billion annually nationwide. Improving energy efficiency can save about $2 billion of that total.” Agron, J. (2009, April 1). 37th Annual Maintenance & Operations Cost Study for Schools. American School & University. Retrieved from: http://www.asumag.com Kennedy, M. (2009, January 1). Outlook 2010: Energy conservation can help schools save sparse funds. American School & University. Retrieved from: http://www.asumag.com

  8. Major Construction Trends • Security: • …many avenues: voice mails to cell phones and land lines; text messages to cell phones; e-mail messages; Web postings; public-address announcements; electronic outdoor signs; broadcast bulletins provided to radio and television stations. • Green Building: • “School districts and architectural firms nationwide are pushing the envelope in green school design, seeking out new and efficient HVAC systems, lighting methods, water and irrigation tools, and other ways to make academic buildings lean and green.” Agron, J. (2009, May 1). 35th Annual Official Education Construction Report. American School & University. Retrieved from: http://www.asumag.com Gosling, N. (2010, November 8). U.S. Schools Push for Platinum. School Construction News. Retrieved from: http://schoolconstructionnews.com Kennedy, M. (2009, January 1). Outlook 2010: Budgets are tight, but providing adequate school security is vital. American School & University. Retrieved from: http://www.asumag.com

  9. Major Construction Trends Cont’d Identify High Activity Zones: Reed Construction Data’s Expansion Index Reed Construction Data. (2010). Market Intelligence: Expansion Index [Map]. Retrieved from: http://www.reedconstructiondata.com/market-intelligence/expansion-index/

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