{"id":20327,"date":"2018-05-30T07:12:20","date_gmt":"2018-05-30T14:12:20","guid":{"rendered":"https:\/\/www.yardi.com\/blog\/?p=20327"},"modified":"2021-02-03T14:51:56","modified_gmt":"2021-02-03T22:51:56","slug":"yasc-2018","status":"publish","type":"post","link":"https:\/\/www.yardi.com\/blog\/yasc-2018\/","title":{"rendered":"YASC 2018"},"content":{"rendered":"

Washington, D.C. (May 30, 2018) \u2013 Kicking off Yardi\u2019s Advanced Solutio\"\"<\/a>ns Conference<\/strong> (YASC) at the Washington Hilton, Yardi president and founder Anant Yardi shared his perspective on change.<\/p>\n

\u201cFor me, change is incremental. It\u2019s not disruptive. Change is something we have to count on. If you are successful in making small steps over the course of time, you will be successful,\u201d Mr. Yardi stated before more than 2,000 Yardi clients and employees gathered for the East Coast education and networking event. A West Coast YASC will be held in San Diego in September.<\/p>\n

In a 45-minute talk reflecting on the company\u2019s development history and looking toward the future, the focus was on new lines of product development that Yardi has underway to help its clients meet their real estate and investment goals. The technology company\u2019s goal is to help clients increase revenues and asset values while reducing costs and risk. Energy solutions, coworking management, and a full asset management suite were presented as ways to help achieve those goals.<\/p>\n

Mr. Yardi offered attendees a sneak preview of the Yardi Elevate Suite, an operational performance solution that includes in-depth operations data, deal management, market insight, predictive insights, budgeting, business intelligence and revenue forecasting. The product builds on the proven Deal Manager<\/a> solution and will incorporate additional new tools, including Forecast Manager, Construction Manager, Retail Manager and Facility Manager.<\/p>\n

Another area of focus was Yardi\u2019s growing commitment to coworking, including the leasing of vacant space for shared and temporary workers. The company has made two recent acquisitions in the area, including Wun Systems<\/a> and most recently Phoenix Broadband, a Scottish company that created a platform for managing technology resources in a shared workspace<\/a>.<\/p>\n

\u201cIt seems to us that this is a new category of asset type. The number of coworking locations will double or triple within the next five years,\u201d Mr. Yardi shared. Using Yardi\u2019s coworking platform, commercial real estate companies will be able to convert vacant space into a revenue generator.<\/p>\n

Utility management was another area of focus. Yardi has also made significant investment in the energy space over recent years, and has combined its acquisitions to create the Yardi Smart Energy Suite<\/a>. The suite provides enhanced visibility of daily energy use and advanced fault detection. Mr. Yardi shared that the company used the system to reduce spending on energy at its corporate office by 20 percent.<\/p>\n

With so many new and exciting directions for the company \u2013 which now has more than 6,000 employees worldwide \u2013 Mr. Yardi shared that sometimes it \u201cfeels like a collection of startups\u201d working on future focused initiatives. But above all, Yardi maintains its commitment to listening to and responding its clients\u2019 software needs.<\/p>\n

\"\"<\/a>
Anant Yardi speaks at the YASC General Session on Wednesday.<\/figcaption><\/figure>\n

\u201cWe want to maintain our culture of dialogue and candor, and we appreciate you responding in a similar way,\u201d Mr. Yardi said.<\/p>\n

The bi-annual YASC events are great for client education, networking, exposure to new products, and more. As vice president of marketing Esther Bonardi said Wednesday morning: \u201cThis is your event. It\u2019s not for us. It\u2019s all about you.\u201d Clients especially enjoy a gala evening Thursday night with dinner, dancing and entertainment, known as the Yardi Party.<\/p>\n

To follow along with the event, use the hashtag #YASC2018 on social media or visit the conference social media feed<\/a>. Want to join the fun at YASC in San Diego? Register here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

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