Yarn Cloud: Empowering Sustainable Property Management in Alignment with Saudi Vision 2030
Yarn Cloud, a Saudi-based pioneer in Property Management Solutions (Proptech), proudly renews its commitment to Saudi Arabia’s Vision 2030. Through innovative technologies, Yarn Cloud aligns with the Kingdom’s ambitious goals for digitalization, economic diversification, and enduring growth.
While not a direct collaborator, Yarn Cloud’s mission closely echoes the Saudi Facility Management Co. (FMTECH), an initiative by the Public Investment Fund (PIF). Just as FMTECH aims to enhance operational efficiency and prolong the lifespan of real estate, Yarn Cloud’s solutions contribute to the triumph of Vision 2030.
As per the Middle East Facilities Management Association (MEFMA) estimates, the Facility Management (FM) market in Saudi Arabia is valued at around USD 20 billion. The construction sector’s increasing investment plays a pivotal role in driving the growth of the facility management market in KSA.
MEFMA’s estimates indicate that approximately 31% of the market is presently outsourced, primarily within the public sector. This further emphasizes the potential for enhancement in the facility management landscape, aligning with Yarn Cloud’s commitment to driving innovation and sustainability in the Saudi property management industry.
As the Kingdom continues to evolve, Yarn Cloud is dedicated to supporting its progress. By empowering property managers with innovative tools and making it easier for the management of facilities, Yarn is continually fostering sustainable practices. Yarn Cloud plays an indirect yet vital role in the government’s endeavor to unlock the full potential of the real estate sectors and in turn diversify the economy.
Vision 2030 envisions a vibrant society and a thriving economy achieved through digitalization across sectors, including real estate. Yarn Cloud’s advanced property management solutions embody this transformation, empowering property managers to optimize operations, enhance tenant experiences, and drive sustainable growth within residential and commercial communities.
“We’ve designed our solutions with Vision 2030 in mind,” emphasizes Eng. Yahia Shaheen, CEO at Yarn Cloud. “Our aim is to empower property & facility managers with modern technology and data-driven practices, fostering an efficient, sustainable, and digitally interconnected real estate sector.”
Yarn Cloud’s comprehensive property management platform encompasses a suite of features that streamline maintenance, bolster property manager-tenant communication, and offer invaluable insights for informed decision-making. By digitizing and automating processes, Yarn Cloud simplifies operations and resource allocation, key components of Vision 2030’s realization.
Yarn Cloud Technologies Co, formerly known as Manzel Express, is a registered Saudi company headquartered in Riyadh, boasting over 8 years of local expertise. Our track record demonstrates a substantial reduction in operational costs and the cultivation of fresh revenue streams. As a progressive enterprise, we are dedicated to introducing groundbreaking solutions and technologies for the effective management of distinguished residential and commercial properties. At the core of our offerings is the Yarn Cloud solution, tailored for property owners and managers striving to offer dependable services and state-of-the-art technological tools to their clients.
