Daily CSR https://www.dailycsr.com/ us 2026-09-12T04:26:19+02:00 tag:https://www.dailycsr.com,2026:rss-97795659 Tenant Inc. and TractIQ Integrate Market Data Into Hummingbird Mon, 24 Aug 2026 16:25:00 +0200 us Debashish Mukherjee Tenant Inc. and TractIQ Integrate Market Data Into Hummingbird
Tenant Inc. and TractIQ have announced the full deployment of their platform integration, bringing competitive market intelligence directly into Tenant Inc.’s Hummingbird property management system (PMS). The collaboration, first introduced as a strategic partnership at the Storelocal Innovation Summit in February 2025, now incorporates TractIQ’s market data into Hummingbird’s Rate Management, Rent Roll Reports, and Management Reports.

For self-storage operators, gathering competitor pricing information has traditionally meant conducting manual street surveys. Such research can be labor-intensive, quickly become outdated, and only capture information that is visible externally. The new Tenant Inc.-TractIQ integration eliminates the need for this process by placing competitor pricing information directly within Hummingbird.

Operators can now compare their pricing with competing storage facilities located within a 3-, 5-, or 10-mile radius, using rates for comparable unit types while working within the same tools they use to make pricing decisions.

“Operators shouldn’t have to leave their PMS to understand their market,” said Lance Watkins, CEO of Tenant Inc. “The Nectar API was designed to allow leading self-storage data platforms to integrate directly with Tenant Inc.’s technology, providing operators with solutions such as TractIQ without the need for separate research or disconnected workflows. By embedding TractIQ’s data into the areas where pricing decisions are made, Hummingbird demonstrates what an open, operator-focused platform can provide.”

The TractIQ integration is available through three key areas of Hummingbird:
  • Rate Management: Operators can view current competitor street rates for comparable unit types at nearby facilities while determining their own pricing.
  • Rent Roll Reports: Existing rental rates can be compared with average street rates from facilities within a chosen radius, making it easier to identify properties that are priced above or below prevailing market levels.
  • Management Reports: Reports now include a snapshot of competitor pricing in the surrounding market, giving operators additional context without requiring separate market research.
“The difference between REITs and independent operators has often been access to quality data. Tenant Inc. is helping to narrow that divide,” said Noah Starr, CEO of TractIQ. “Hummingbird users can now make pricing decisions with the kind of market visibility typically available to REIT pricing teams. Tenant Inc. established the right platform foundation, and we are pleased to provide the data supporting the next stage of their decision-making.”

Key Benefits of the TractIQ Integration
  • Competitor Street Rates: Automatically updated pricing for comparable storage units at facilities located within 3, 5, or 10 miles, eliminating the need for manual competitor surveys.
  • Historical Rate Trends: Trend data illustrates how nearby competitors have adjusted their rates over time, helping operators identify market movements before making pricing changes of their own.
  • Geographic Heatmaps: Competitive density maps show the concentration of competing storage facilities around an operator’s property, providing geographic market intelligence directly within Hummingbird.

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Schneider Electric, a leader in the digital transformation of energy management and automation, has been recognized as an industry leader in the Power Purchase Agreements (PPA) market by Guidehouse Insights 2022 PPA Marketplace Solution Providers and ranks as No. 1 on its Leaderboard.

Schneider Electric's top-ranking is a result of its NEO Network  and Zeigo  platforms, which simplify the cleantech buying process by connecting members to trusted experts, viable projects and technologies, and exclusive market intelligence to enable and accelerate transaction decisions.

“Our commitment to renewable energy as a means of decarbonization is reflected by our ranking, and we are honored to be a part of bringing together organizations who are accelerating the clean energy transition.” said Steve Wilhite, President of Schneider’s Sustainability Business. “I would like to take this opportunity to thank our clients, employees, and NEO Network community members that have helped accelerate the adoption of renewable energy.”

The Guidehouse Insights report assesses the competitive landscape of online PPA platforms providing solutions, advisory services, and marketplaces. It's intended to help customers and market participants better understand available technology, product portfolio, geographic reach, and product performance for PPA marketplaces. 

Schneider Electric is a leading advisor on corporate renewable energy procurement globally.

The company’s sustainable business division, which offers consulting services on energy and carbon management, has several digital platforms. With an employee strength of more than 2,200, it serves its managed services to global clients.

Schneider Electric has advised more than 200 PPA deals for developers in the US, Canada, Spain, Sweden, Finland, Poland, Italy, the Netherlands, Mexico, and Australia, and advised more than 14 GW of PPAs since 2014.


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