VTS, the comprehensive technology platform unifying various stakeholders across the real estate ecosystem, has achieved a significant milestone with its leadership team being recognized in Commercial Observer’s Power Proptech List for the third consecutive year. CEO Nick Romito, Chief Strategy Officer Ryan Masiello, and Chief Technology Officer Swaroopa Penikelapati have been honored for their contributions to the proptech industry.
This recognition comes on the heels of a year marked by substantial growth and innovation for VTS. In March 2024, the company launched VTS 4, a novel predictive analytics solution powered by the VTS Demand Model. This launch was accompanied by the expansion of VTS Data into the London market, bringing real-time commercial real estate insights to the United Kingdom.
Further cementing its position as an industry leader, VTS expanded into the multifamily sector in April 2024 with the introduction of VTS Activate Multifamily, a resident experience offering. Major players in the residential industry, including Lendlease, Habitat, and Stonehenge, have already adopted this solution. The company’s innovation streak continued in May 2024 with the launch of VTS Activate Workplace, the first workplace experience solution to combine native workplace and building systems into a single application.
VTS has also maintained its status as a trusted source for industry data, regularly publishing its VTS Office Demand Index (VODI) and annual Global Landlord Report. In February 2024, the company introduced its Global Workplace Report, which uses data to identify corporate tenant needs and expectations related to office space.
Nick Romito, CEO of VTS, attributed the company’s recognition to the hard work invested by the team since its inception. He expressed the company’s commitment to maintaining its position at the forefront of industry transformation and continuing to push the boundaries of innovation in real estate.
Ryan Masiello, Chief Strategy Officer at VTS, emphasized the company’s focus on anticipating industry needs and delivering impactful solutions for both landlords and tenants. He reiterated VTS’s commitment to leadership in proptech and expressed excitement for the future of both VTS and the real estate industry.
Swaroopa Penikelapati, Chief Technology Officer at VTS, highlighted the company’s dedication to driving meaningful outcomes through technology and solving problems for its customer base. She expressed her enthusiasm for continuing to expand the capabilities of the VTS platform to deliver maximum value to customers.
The inclusion of VTS leadership in Commercial Observer’s Power Proptech List underscores the company’s significant influence in the rapidly evolving world of proptech. This recognition reflects not only the company’s current impact but also its potential to shape the future of the real estate industry through technological innovation.
VTS’s comprehensive platform, which includes VTS Lease, VTS Activate, VTS Data, and VTS Market, serves as a unified solution for various stakeholders in commercial real estate. The platform provides real-time market information and workflow tools, enabling faster and more intelligent decision-making across the industry.
With over 60% of Class A office space in the U.S. and 12 billion square feet of office, retail, and industrial space managed through its platform worldwide, VTS has established itself as a global leader in real estate technology. The company’s user base includes over 45,000 CRE professionals and industry-leading customers such as Blackstone, Brookfield Properties, LaSalle Investment Management, Hines, BXP, Oxford Properties, JLL, and CBRE.
As the real estate industry continues to embrace digital transformation, VTS’s repeated recognition in the Power Proptech List signals its ongoing commitment to driving innovation and shaping the future of commercial real estate technology.
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