A C Q U I S I T I O N O F A G I L Q U E S T P R O P E L S T A N G O I N T O T H E T O P T I E R O F W O R K P L A C E S O L U T I O N
P R O V I D E R S
C O P Y R I G H T © V E R D A N T I X L T D 2 0 0 7 - 2 0 2 2 . L I C E N S E D C O N T E N T , R E P R O D U C T I O N P R O H I B I T E D
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Tango's Growth From Specialist Store Lifecycle Management Solution To IWMS Platform
And On To CPIP Solution
Source: Verdantix analysis
F I G U R E 1
• Is well positioned for the evolution into the connected portfolio intelligence platform category.
In May 2022 Verdantix established CPIPs as the next era of IWMS systems, delivering enhanced customer
value through insights derived from the Internet of Things (IoT) and advanced analytics (see Verdantix
Market Insight: The Transformation of IWMS To Connected Portfolio Intelligence Platforms (CPIP)). CPIP
solutions are cloud-connected platforms that offer a suite of modules and intelligently combine data from
multiple sources with advanced analytics. Tango is well placed to make the jump to CPIP due to its cloud-
based platform architecture, which is embedded with AI and ML models from day one. Tango's
acquisition of AgilQuest will further help it drive employee engagement and workflow optimization across
the hybrid workplace, which is a core value proposition of CPIP offerings.
Tango Reserve Bolsters The Administrative Backbone Of Workplace
Managers And Boosts Staff Access To Office Resources
Since its launch in 2008, Tango has rapidly expanded its platform's capabilities, growing into a market-leading
CPIP solution. In January 2022 Tango acquired AgilQuest and launched Tango Reserve by AgilQuest to offer firms
advanced hybrid workplace management tools and workflows. The combined solution:
• Provides advanced space policies and a flexible rules engine.
Tango Reserve by AgilQuest offers a broad range of pre-configured policies and workflows for space
booking, such as minimum and maximum reservation durations. Managers can implement set-up and
breakdown times for conference rooms to ensure that spaces are ready before meetings start, such as
allowing time to set up IT systems. Firms can customize the services and equipment available based on
the type of room. Take Ferguson, a distributor of plumbing and building supplies, selecting AgilQuest and
2008-2014
Specialist
Focused on store lifecycle
management functionality,
targeting retailers and
restaurants
Focus: retail, restaurants
2015-2016
Multi-Point Specialist
Increased
space
management, facilities
management and asset
management functionality,
started targeting corporate
real estate (CRE) industry
Focus: retail, restaurants,
CRE
2017-2021
IWMS Platform
End-to-end functionality
across all core areas of
IWMS solutions
Grew to service 70% non-
retail customer base
Private equity investment
from Berkshire Partners
Focus: retail, restaurants,
CRE
2022+
CPIP Solution
Acquired AgilQuest to add
and enrich functionality for
shifting real estate
strategies:
• Employee
engagement &
productivity
• New era of hybrid
workplace strategies
Focus: retail, restaurants,
CRE, government, public
sector