Forbes Names Yardi to Best 100 Cloud Companies List

The list, which is topped by Slack, Dropbox and DocuSign, recognizes companies for their financial growth and excellence as reflected by customers and peers.
Jay Shobe, Yardi

Jay Shobe, Yardi

New YorkYardi was named one of the top 100 private cloud companies in the world on the first-ever Forbes 2016 Cloud 100, developed in partnership with Bessemer Venture Partners.

Inclusion in the Forbes 2016 Cloud 100 list, according to Alex Konrad, Forbes editor of the Cloud 100 list, recognizes a company for its financial growth and excellence as reflected by customers and peers.

“By creating the Top Cloud 100, Forbes is acknowledging and supporting cloud-computing as being the way of technology moving forward,” Jay Shobe, Yardi’s vice president of Cloud Services, told Commercial Property Executive. “For our clients who have embraced our cloud computing products, this recognition will further confirm that we are experts in cloud-based platforms and our products are progressive and reliable.”

The Forbes 2016 Cloud 100 was selected by a panel of judges representing leading public cloud companies, using qualitative and quantitative data submitted by nominees, along with publicly available third-party data sources.

According to Shobe, cloud technology is important to the company because it is able to reduce the total cost of ownership for its clients, the company is able to be more responsive to its client needs, and can provide a higher level of service.

Customers are steadfast in their approval of Yardi’s cloud technology.

“Going to the cloud freed up a massive server and saved us from having to buy another server, so we did not have to incur that expense,” said Kim Mann, CPA and property controller for Kansas City-based Block Real Estate Services LLC. “Our IT department loved that.”

“We don’t have to ask for the updates, they are rolled out for us,” said Aaron Strole, owner and founder of Phoenix-based Capital Asset Management. “Everything is available wherever you need it. I carry around my iPad now, all the time, because I don’t want to carry around my laptop.”

Looking ahead for Yardi, Shobe said you can expect continued focus on security, improvements in monitoring tools and performance enhancements and a significant capital commitment to ensure that the cloud is state-of-the-art in terms of the networking, security, server and storage technology.