Rolls out product enhancements to directly impact real estate
owners and operators’ business revenue by lowering operational
costs & optimizing performance
Dubai, UAE, December 13, 2022:
Facilio manages over 10,000+ properties globally, of which
about 50 million sq ft is located in the GCC region. The SaaS
company, which provides AI-driven property operations &
maintenance software, is looking to grow this 100% by the end
of 2023. Having doubled its workforce in the last one year,
Facilio continues to make strategic hires and expand its
channel partner network.
“The Middle East is a critical market for us, within which
UAE, KSA and Qatar are where the majority of our customers
are based. We currently manage 50 million sq ft space in
this region, spread across commercial offices, residential,
healthcare, hospitality & retail. We are aiming to double
this by the end of 2023,”
says Prabhu Ramachandran, CEO of Facilio.
He adds,
“The C-suite has started viewing property operations
technology as a strategic investment and wants better
real-time visibility into how their real estate portfolios
are performing. We have added product enhancements aimed at
catering to this requirement."
As per
a recent poll with over 200+ Middle East - based O&M professionals, 72%
said real estate owners / operators should directly invest in
the CaFM software and own the data. In line with this, Facilio
has strengthened its current product suite with an ‘Exec.
Visibility Dashboard’. This dashboard gives a high-level
overview to the senior leadership teams across property
verticals enabling them to track critical O&M parameters
around portfolio performance. It will help them make
data-informed decisions that will directly impact their
company’s bottomline by reducing operational costs and
increasing productivity.
Facilio recently launched their AI-driven Connected Retail
product to help retail portfolios such as convenience stores,
food & fashion retail chains remotely monitor and control
systems, deploy optimization strategies at scale, and improve
energy savings & asset performance.
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,
retail, education, and other real estate categories across
the world use Facilio to reduce operations costs, increase
net asset value, and de-risk operational liability.
Headquartered in New York City with offices in Dubai,
Chennai, Singapore, and Sydney, Facilio is a global
company backed by leading investors including Accel India,
Tiger Global Management, Dragoneer Investment Group, and
Brookfield Growth.