Cloud technology has changed the world by reducing the necessity of data storage equipment and providing flexibility and easy access for both personal and professional endeavors. As a result, cloud-first strategies have impacted nearly every industry. Cloud and mobile technology enables users to get a rich experience of wireless technology in real time. Yardi Systems is leveraging cloud technology to enhance both the consumer and professional experience with real estate engagement. The real estate industry is vast and diverse. Yardi is equipped with the resources to upgrade the technological aspect of nearly every real estate vertical.
A Company Applying Technology in Real Estate
With the mission to provide clients with superior products and outstanding customer service, Yardi Systems has delivered technology based solutions to the real estate industry since 1984. What began as simple “out of the box” DOS property management and accounting software has sinced evolved into cloud-based mobile platforms for real estate. The software developer leverages its cloud technology to offer full business solutions for every real estate market, including multifamily, single family, affordable, public, senior and military housing as well as office, industrial, retail, and self storage market segments.
Yardi has two platforms to choose from, the Yardi Genesis2™ platform for smaller real estate firms and the more comprehensive Yardi Voyager® platform for mid to large sized property owners, managers, and investors. Both platforms include accounting, operations, and ancillary processes with mobility for residential and commercial portfolios.
Genesis2 is exclusively developed for companies with small to mid-size portfolios. It streamlines property management and accounting with rental property management software that features a single database and works with any browser. Yardi Genesis2™ is Yardi’s cost-effective Software-as-a-Service (SaaS) solution that combines the client’s operational and accounting data in one system with mobile access anywhere with an internet connection.
With Genesis2, clients can manage several rental property types on one platform, including residential, commercial, condo and HOA, self storage, and mixed portfolios.
Yardi Voyager® is a fully integrated end-to-end platform with mobile access for larger portfolios to manage operations, execute leasing, run analytics, and provide innovative resident, tenant, and investor services.
With a solution and “single-stack” product suite designed for every real estate market including commercial (office, retail, industrial), multifamily, affordable, senior, public and military housing, Voyager helps clients to meet all their property management and accounting needs using a single database to run their entire business.
Furthermore, Voyager automates workflows and provides system-wide transparency that enable clients to work more productively and collaboratively than ever before. Using any browser, Voyager gives them instant access to their data.
And as SaaS platforms, Voyager and Genesis2 frees clients from managing the technology, so they can focus on their business, with confidence in Yardi’s 99.5% up time.
Initiator and Developer of Yardi
Anant Yardi, Founder and President of Yardi Systems, in 1982, recognized the need for an integrated accounting and property management software for the residential marketplace. As the director of systems development for Burroughs Corporation (now Unisys) and with 14 years of programming experience, he was confident to design such a product. In 1984, “Basic Property Management” was created for the Apple II computer and was sold to his first customer, Sabaco Realtors. Since then, Mr. Yardi has directed the company through over 30 years of steady growth, remaining the President and sole owner as Yardi Systems became a leader in real estate asset and property management solutions.
Today, Mr. Yardi continues to serve as President of Yardi Systems, and his vision is the driving force behind the development of effective and innovative software solutions for global real estate portfolio management. He has been recognized as one of the early pioneers in the commercial real estate automation industry, a “visionary in respect to automation systems and the resultant benefits in property operations,” according to Realcomm, when they honored him with the distinguished “Digie” award. He was inducted into the Multi-Housing News “Hall of Fame” the same year, and his company continues to receive industry accolades.
Mr. Yardi has earned an M.A. in Engineering from the University of California at Berkeley, and worked for 14 years developing programming methodologies and directing systems development at Burroughs Corporation prior to establishing Yardi Systems.
Future of Real Estate Technology
Under Anant Yardi’s leadership, Yardi Systems continues to develop and deliver software and services with the highest commitment to quality, innovation, responsiveness, and customer focus. With over 30 offices, 12 data centers and 5,100 employees worldwide, Yardi is ideally suited to help its client effectively manage their portfolios more efficiently and competitively.
Yardi works with clients who own and manage many types of real estate, from Commercial (office, retail, warehouse) to Multifamily (apartments, condos, affordable housing, military housing), Senior Living to Self Storage. With the large spectrum of clientele, Yardi has successfully responded to the shift to Cloud and mobile technology and is well positioned to continue their history of adapting technology trends to equip the real estate industry.