Facilio Earns 2021 Frost & Sullivan Product Leadership Award for Global IoT-based Property Operations Solution
January 17th, 2022
Facilio has been recognized as a leader amongst industry incumbents and startup contenders, validating its effort in pioneering data-driven real estate operations.
New York, January 17, 2022
Facilio, a leading property operations software platform,
today announced that it has been recognized by Frost & Sullivan
with the 2021 Best Practices’ Product Leadership Award for its IoT-based
solution in the building operations and maintenance industry.
“In a space dominated by hardware-centric incumbents, Facilio employs a differentiated
software platform approach to address the challenges prevalent in the traditionally
siloed and fragmented building operations market”, said Dennis Marcell Victor, Industry
Analyst—Energy & Environment, Frost & Sullivan. “A huge differentiator for Facilio is the
depth of alignment it creates between people, processes, automation systems, and business
software across multiple buildings into a single pane of glass software, and in real-time.”
Today’s news builds on Facilio’s recent momentum including:
The launch of Connected CMMS , a first-of-its-kind category solution reimagining legacy CMMS/CaFM software market
Being named as the 2021 Software of the Year by Construction Business News
(Middle East), Certified with Proptech Innovation Label by Proptech Academy
(EU), Finalist in the Urban Developer Awards (Australia) for Best New Proptech
Ranked among the Top 20+ CMMS Software & Tools by SoftwareWorld
“The market, analysts, customers, and partners have come to appreciate the power of a
data-driven connected built environment that propels real estate portfolios towards
operational agility and efficiency, said Prabhu Ramachandran, Founder & CEO, Facilio Inc.
“We believe the recognition by Frost & Sullivan reinforces Facilio’s leadership in the
property operations software category and our key role in helping define the market with
advanced product innovation that improves building performance, increases productivity,
and optimizes cost—all in one place.”
To access the 2021 Global IoT Solution for Building Operations & Maintenance Report by Frost & Sullivan, please visit https://facilio.com/frost-and-sullivan-facilio-product-leadership-award
About Frost & Sullivan:
For six decades, Frost & Sullivan has been world-renowned for its role
in helping investors, corporate leaders and governments navigate economic
changes and identify disruptive technologies, megatrends, new business models,
and companies to action, resulting in a continuous flow of growth opportunities
to drive future success.
About Facilio
Facilio's AI-driven property operations platform allows real estate owners to aggregate
building data, optimize performance, and control portfolio operations -
all from one place. Customers in the commercial office, healthcare, higher education
& retail categories use Facilio to reduce operations costs, increase net asset values
& de-risk operational liability. Headquartered in New York City with offices in Europe
(the United Kingdom and Italy), Dubai, Chennai, Sydney, & Singapore, Facilio is a global
company backed by leading investors including Accel Partners and Tiger Global Management.
Learn more about Facilio O&M platform :
https://facilio.com/
Future-proof your buildings today
