Forbes Cloud 100

By on Sep 14, 2018 in News, Technology

Yardi has been named for the third time to the Forbes Cloud 100, the definitive list of the top 100 private cloud companies in the world. Yardi was a member of the inaugural Cloud 100 in 2016, moved up to the #26 spot on the list in 2017, and came in at #22 this year.

The timing of this significant honor was special as Yardi executives and staff are welcomed the largest group of clients ever to the biannual Yardi Advanced Solutions Conference in San Diego this week. In Wednesday’s welcoming remarks, president and founder Anant Yardi noted that about 98 percent of clients now make sure of the company’s secure and reliable cloud.

“We’re honored that Forbes recognized us again for our efforts to provide industry-leading cloud solutions,” said Jay Shobe, vice president of cloud services at Yardi. “To continue to rank high on this list is a testament to the efforts of our employees and invaluable support and feedback from our clients.”

Published by Forbes in collaboration with Bessemer Venture Partners, the list will appear in the Sept. issue of Forbes magazine and is available at

The evaluation process involved four factors: market leadership (35%), estimated valuation (30%), operating metrics (20%), people & culture (15%), which the judge panel then weighed to select, score and rank the winners. With that data, the Forbes Cloud 100 judge panel, which includes major public cloud company CEOs, was then responsible for selecting and ranking the top 100 companies worldwide.

“For the past three years, the Cloud 100 list has identified the top cloud companies that are reshaping their respective industries,” said Alex Konrad, Forbes editor of The Cloud 100. “I am consistently impressed by the caliber of companies honored on the Cloud 100 list. It is an exciting time to a be a cloud company and founder.”

“All of the twenty-five cloud IPOs and major cloud acquisitions over the past three years have been prior members of the Cloud 100, and we absolutely expect that the dominant public cloud companies of the future will also come from this list,” said Byron Deeter, a top cloud investor and partner at Bessemer Venture Partners. “The 2018 Cloud 100 represents well over $135B in private shareholder value–an astonishing figure that reminds us yet again of the power of the cloud. The way we do business will be dramatically different as a result of these companies and I am honored to celebrate the remarkable accomplishments of the founders and teams behind each company on the 2018 Cloud 100.”

“The business opportunity for cloud companies is tremendous today as capital investment, customer demand and rate of adoption continues to grow,” said Matt Garratt, managing partner, Salesforce Ventures. “We’re excited to see the potential of these companies and look forward to seeing what innovative technology they deliver around the world.”

Yardi was among the companies celebrated last night in San Francisco at the Cloud 100 Celebration, an exclusive event hosted by Bessemer Venture Partners, Forbes and Salesforce Ventures. The celebration is attended by the CEOs of the public cloud companies and the CEOs named to the Cloud 100 and the 20 Rising Stars lists.