New RealPage Cloud Computing Division (the "Cloud") Formed

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RealPage Cloud offers first Infrastructure-as-a-Service to the multifamily industry

(September 22, 2009) RealPage, Inc (www.realpage.com), today announced an Infrastructure-as-a-Service (IaaS) offering for owners and operators of multifamily properties. The service will be offered under the trade name RealPage Cloud Computing (or simply the “Cloud”, a new division of RealPage that will provide computing services to RealPage clients operating in two fully redundant data centers connected by dual 10 Gigabit dedicated fiber circuits.

“The RealPage Cloud is the single largest data center in the U.S. dedicated solely to the multifamily real estate industry,” said Jason Lindwall, president of RealPage Cloud Computing. “In addition to hosting all RealPage applications on hundreds of servers with more than 300 terabytes of storage and the fastest possible redundant connections to the Internet, we are also offering hosting services for popular third party accounting platforms.”

A cloud computing platform allows an owner or fee manager to outsource data center and applications hosting to a managed service provider with the economies of scale and expertise that drive costs down and improve overall performance and reliability.

“Corporate IT departments are under increased pressure to provide more services for less cost and it becomes challenging when technology costs are rising and IT professionals are becoming harder to find, train and retain,” added Lindwall. “We are addressing our clients’ need to cut costs and dramatically improve the reliability and capabilities of tightly integrated solutions. Our clients still retain control over their enterprise applications, but by hosting these applications in the Cloud, they enjoy the benefits of much higher performance and tighter integration to other applications.”

RealPage Cloud Computing enables owners to:

  • Reduce hosting costs for third party applications
  • Rely on a real-time disaster recovery center
  • Improve application performance, due to extremely high-speed networks offered by RealPage. RealPage offers managed network services to thousands of locations around the country
  • Realize improved and more reliable integration between third party accounting applications, all RealPage applications, as well as selected third party Cloud partner applications
  • Utilize a quality assurance platform to test changes to any Cloud partner application before it is introduced into the production environment

For more information about RealPage Infrastructure-as-a-Service, or to schedule an interview with a RealPage executive, please contact Karen Dodge at karen.dodge@realpage.com or (972) 820-3718.


About RealPage
Located in Carrollton, Texas, a suburb of Dallas, RealPage provides products and services to more than 20,000 apartment communities across the United States. Its six on-demand product lines include OneSite® property management systems that automate the leasing, renting, management, and accounting of conventional, affordable, tax credit, student housing, and military properties; CrossFire® sales and marketing systems that boost occupancy and build retention; YieldStar® asset optimization systems that maximize asset valuation and investment return; Velocity utility management systems that accelerate payments for resident charges; LeasingDesk® risk mitigation systems that reduce a community’s exposure to risk and liability; and OpsTechnology spend management systems that help owners manage and reduce operating expenses. In addition, RealPage now offers Infrastructure-as-a-Service to multifamily owners and operators to help reduce IT costs and dramatically improve integration performance and reliability. For more information, call 1-87-REALPAGE or visit www.realpage.com.