RIYADH, Saudi Arabia – Qiddiya Investment Company (QIC), the driving force behind the groundbreaking Qiddiya project, is embracing digital innovation by selecting Yardi's cloud-based real estate platform. The announcement, made today, signals QIC's commitment to accelerating its digital transformation and achieving operational excellence in managing its vast and ambitious development.

Qiddiya, a wholly-owned subsidiary of the Public Investment Fund (PIF), is set to become a global destination for entertainment, sports, and culture. The project's sheer scale and complexity demand a robust and integrated management system. By adopting Yardi's platform, QIC aims to streamline its operations, enhance efficiency, and gain real-time insights into its real estate portfolio.

The move to a cloud-based system offers several key advantages. Yardi's platform allows QIC to centralize its data, providing a single source of truth for all real estate-related information. This will improve collaboration across different departments and enable faster, more informed decision-making. The cloud-based nature of the platform also ensures scalability and flexibility, allowing QIC to adapt to the evolving needs of the project as it progresses.

Furthermore, Yardi's platform is designed to automate many of the manual processes involved in real estate management, freeing up QIC's staff to focus on strategic initiatives and value-added activities. This automation will improve accuracy, reduce errors, and ultimately contribute to a more efficient and cost-effective operation.

The selection of Yardi's platform underscores QIC's commitment to leveraging cutting-edge technology to realize its vision for Qiddiya. As the project moves forward, this digital transformation will play a crucial role in ensuring its success and solidifying Qiddiya's position as a world-class destination. The partnership between QIC and Yardi marks a significant step forward in the digitization of the real estate sector in Saudi Arabia and highlights the growing importance of technology in managing large-scale development projects.