ABU DHABI, United Arab Emirates – May 15, 2013 -(BUSINESS WIRE/ME NewsWire)--Yardi Systems, a leading developer of software solutions for the real estate investment, asset and property management industry, is very pleased to announce today that it has been selected by the Tourism Development Investment Company (TDIC) to handle the developer's IT solutions for real estate asset and property management.
Established in 2006, TDIC is a master developer of major tourism, cultural and residential destinations in Abu Dhabi, the largest of the seven emirates which make up the United Arab Emirates, and a key contributor to its economic and cultural progress.
“Yardi has persevered in being a pioneer in integrating front and back office functionality with Yardi Voyager™ and continues to be a game changer for the real estate industry. Providing TDIC with a strong value proposition and service represents a deeper step into our commitment towards our clients in the Middle East to drive efficiencies and maximise performance within their businesses,” said Neal Gemassmer, Vice President for Yardi Systems in Asia Pacific & Middle East.
Matar Al Qamzi, Chief Information Officer at TDIC, said: “TDIC's IT vision is to automate the business operations by implementing latest tools & technology. As part of that strategic initiative, we partnered with Yardi for our Asset Management business systems.”