Yardi Strengths, Domain Expertise, and Key Differentiators
One of the pioneers in the real-estate software market, Yardi has built a formidable franchise now supporting more than 20,000 customers that use its applications to manage eight million residential units and eight billion square feet of commercial space around the world.
Yardi has helped boost productivity for the global real- estate market with its extensive product portfolio and the footprint of its installed base. Its applications automate real estate investment management, accounting, procurement, payment processing, and property management functions for multifamily housing, affordable housing, public housing, senior housing, investment management, commercial, industrial, retail, military housing, condo, co-op,&HOA, construction&development, social housing.
Key product brands include Yardi Multifamily Suite, Yardi Commercial Suite, Yardi Investment Suite, and Yardi Orion for SharePoint. It's flagship product Yardi Voyager is a full business real estate management platform that includes operations, accounting, and ancillary processes and services with portfolio-wide business intelligence.
Yardi Recent Developments
In August 2020 Yardi launched RENTCafé Chat IQ, an innovative chatbot developed by Yardi uses a combination of artificial intelligence and natural language processing to answer questions unique to each company and property. Chat IQ improves the customer experience for renters by providing immediate, intelligent, and accurate responses to chat and text messages even when a business is closed. The bot uses information from a property’s database and can be trained to give custom responses on any topic. Leasing agents may join a conversation in real-time. The property staff can view aggregated chat information in a dashboard that displays data by channel, average dialogue length, and more.
In April 2020 Yardi has rebranded its learning management software to help property managers enhance the results of a staff development program. The platform first known as Yardi eLearning is now known as Yardi Aspire.
Property managers of all types and sizes use Yardi Aspire to manage staff development across the organization. Users can access Aspire through an online dashboard from any device with Internet access. Aspire users take online courses, participate in live webinars, communicate with managers, complete career-developing learning plans, and more.
In October 2019, Yardi launched RENTCafe Social Housing, an innovative software solution for Canadian social housing providers that transforms traditionally paper-based transactions into an intuitive online workflow.
Since October the same year, Yardi Claims Manager is the newest addition to the Yardi Senior Living Suite. It helps staff at senior living communities better manage reimbursements for care provided to Medicaid recipients.
In November 2018, AW Rostamani Group selected the Yardi technology platform to assist in the operation of its commercial and residential real estate portfolio, managed by AW Rostamani Properties.
Yardi Mergers and acquisitions (M&A) Activities
In June 2021, Yardi has acquired We Are Forge Ltd (Forge), a Bristol, UK based software company that specializes in visitor management and smart access control for real estate assets including, office, retail, industrial, flexible workspace and the education sector. The company’s Forge Bluepoint product is a cloud-based visitor management solution that connects to access control for many of London’s premier office buildings and allows companies to manage visitors flexibly and securely. From arrival and contactless smart access, Forge Bluepoint also integrates with other building technology such as meeting room access, elevators and parking services.
In December 2020, Yardi Acquires CommissionTrac, an Atlanta-based software company that provides revenue management software for commercial real estate companies, with a focus on commercial brokerages. This acquisition is adding Value for Commercial Clients.
In January 2020 Yardi acquired RightSource Compliance, a Minneapolis-based software consultant and developer that improves the technology experience for affordable housing providers and provides standout compliance solutions. RightSource has developed a successful software solution to assist clients with meeting complex federal and state affordable housing regulations. RightSource software serves affordable housing providers in all 50 states, and in 2019, the company’s software and services were used to help more than 10,000 families move quickly into affordable housing.
Yardi acquired Phoenix Broadband, an innovative business technology firm specializing in infrastructure and hardware solutions for shared workspaces.
Yardi Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Yardi applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Yardi and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Yardi Genesis, Yardi Point2 Property Manager, Yardi Voyager SaaS, customers.
Ownership: - x
Number of Employees: 7500
Functional Market: Learning and Development,
Yardi Key Cloud and HCM Applications
Yardi Genesis, Yardi Point2 Property Manager, Yardi Voyager SaaS,
Yardi HCM and Cloud HCM Applications Revenues, $M:
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* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Yardi Revenue Breakdown by Type:
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Yardi HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2020 HCM Revenues, By Sub-Functional Markets, $M
Yardi HCM Applications Revenues By Verticals, $M:
Yardi Total and HCM Applications Revenues by Region:
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Yardi Direct vs Indirect sales
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Yardi Customers - Breakdown by Geo, Size, Vertical and Product
No. of Yardi Customers: 20000
No. of Yardi HCM Applications Customers: x
No. of Yardi Cloud HCM Customers: x
No. of Yardi Cloud HCM Subscribers: x
Among the 20,000 Yardi customers, over 3000 of them are running Yardi SaaS applications.
Its recent customers are Reem Mall, Al Ghandi Real Estate, Virtuous Retail, LSH Investment Management, Dome Equities LLC, Fischer Properties LLC, Nasser Lootah Real Estate Company, Ardmore Residential, Community Housing Initiatives (CHI), WHK Commercial, ZACD Group, CliftonLarsonAllen, Karle Infra Pvt.Ltd., Argosy Property Limited, H; H Investment and Development, Dymocks Properties, iStorage, V7 Asset Management, Aventura, Tricon American Homes, Thornton Oliver Keller, Balke Brown Transwestern, SOREMI, Völkel Company, Capstone Advisors, CHP Management Pty Ltd, Cluttons LLP, Bella Investment Group, Newmark Capital, Souq Extra LLC, Better Homes, Katherine Sanford Housing Society, Kawartha Native Housing Society, Leisureworld Senior Care Corporation, Pacifica Housing Advisory Association, Vancouver Native Housing Society, 40 North Industries, LLC, Acres Property Management LLC dba NAI West Commercial Property Management, Adell Corp, Advantage Dobson Bay Club, Apollo Property Management, Aspen/Pitkin County Housing Authority, Athens Housing Authority, Avalon Partners, Avison Young Atlanta Management Services, B/T- Washington, B/T- Washington, Becknell Services, Cake Realty, Capital Real Estate Ventures, CBRE - Oklahoma, Central Financial Management, Cheshire Group, CityWide Development, CNL Commercial Real Estate, Constant Care Management Company, Cosentino Service Corporation, Cosmos International Corp, CSPE021, CTRI Management Services, Davis Partners Inc, Dominion Realty Partners, Earle W. Kazis Associates, Inc, Five Star Quality Care, Inc, FJM Investments, Forestar (USA) Real Estate Group Inc, HELP Property Management Company, Inc, Herman&Kittle HH-Entertainment Inc, Hunt Ventures, InfoTECH Advisors, InSite Realty Advisors, Integrated Senior Living, ISM Management Company, Jackson Property Management, Lauth Group, Inc, Lincoln Property Company, LR Management Services Corporation, Maplewood Communities, Mark IV Capital, McShea Management, Inc, Moody Rambin dba MRIO Inc, NAI Horizon - AZ, New Venture Property Management LLC c/o BH Capital Partners, Palladia, Inc, Palladium Pacific II, Pennybacker Capital, Port San Antonio Presbyterian Senior Living, Rapad Real Estate Management, Raul Walters Properties, Reiser Bucks Development, Renaissance Corporation of Albany, Riverside Resources Property Mgmt Corp, Rosemont Realty, RSC Associates, Inc, S Development Company Shelter Corp, Shinda Management Corporation, South 5th Towers, Southwestern Investments, Summit Property Group, Tate Properties LLC, The Cornfeld Group, The Federated Companies, The Jack Parker Corporation, The Regency Student Housing Community, The Treehouse Group Realty, Treetop Development, University Management, Inc, US Global Real Estate LLC, Veritas Investments, Inc, Weeks Robinson Development&Management LLC, Weeks Robinson Properties, West Ajo Properties, LLC, Preservation of Affordable Housing, Picerne, Guardian, Dominium, CSIG, McCormack, Baron, Ragan, Fore Property Co, Atlantic Housing, INH Properties, Eden Housing, Independent Living and others.
Yardi Market Opportunities, M&A and Geo Expansions
Through its international expansion, Yardi is banking on strong acceptance of its Voyage 7S Cloud applications, which attracted more than 1,700 customers.
Voyager 7S is deployed as software-as-a-service with three options: SaaS, in which updates are automatically applied; SaaS Select, in which the client determines when to apply updates; and Private Cloud, in which clients have their own dedicated network. The Cloud push coincided with its expansion in countries such as UAE.
Currently Yardi partners with SunGard Availability and Savvis for its data center infrastructure operations.
In November 2018, Yardi has released Yardi Breeze in Canada. Yardi Breeze is a refreshingly simple property management software built for property owners and operators with smaller portfolios. Yardi Breeze makes it easy to manage residential, commercial, and mixed portfolios on one mobile platform. Streamlined setup tools let property managers start working in Yardi Breeze right away; no lengthy implementation process is required. Users can get answers to their questions quickly thanks to built-in live chat support from Canadian Yardi Breeze experts.
Yardi Risks and Challenges
In the real-estate applications market, the long-running battle between Yardi and RealPage reached a boiling point in early 2011 when Yardi filed a lawsuit alleging that RealPage had gained unauthorized access to Yardi's computer systems. The suit was settled in June 2012 when both sides agreed to grant each other perpetual licenses and rights to the substantially expanded interface, as well as full integration between RealPage and Yardi applications. Another element in the settlement allowed RealPage to continue providing hosting services for Yardi software for current clients through 2017.
Yardi Ecosystem, Partners, Resellers and SI
With more than 5,000 employees in over 35 offices and more than two dozen offices in Amsterdam, The Netherlands; Cluj, Romania; Düsseldorf, Germany; Milton Keynes, UK, Hong Kong, Pune, India; Singapore, Sydney and the United States.
Among its partners are NetVendor, Inc, Domuso, Aptexx, Property Vista, Dyverse, RHR, Livable, Nestio, Apex, G5, Knok, Nexus Systems, Lease Lock, Domum Link, and many others.
Yardi also maintains close ties with Microsoft using such technologies as Sharepoint and SQL Server extensively.
Yardi Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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