Moves to a new office space in Chennai spread across 40,000 sq
ft
Chennai, December 19, 2022:
Facilio, an AI-driven property operations platform provider
with customers across 12 countries, opened a new office space
in Chennai, Tamil Nadu. With plans to ramp up its headcount in
the next one year, the SaaS company moved to a 40,000 sq ft
space in the city.
Speaking on the occasion, Prabhu Ramachandran, CEO &
Co-founder - Facilio said, “We currently manage 10,000+
buildings spread across commercial offices, healthcare,
hospitality & retail across the globe. We are aiming to
double this by the end of 2023 and tap into the $30 billion
real estate-focused operations software market. Our products
are particularly relevant during an economic downturn as
they directly impact real estate owners and operators’
business revenue by lowering operational & energy costs,
increasing net asset value, and de-risking operational
liability.”
“We will continue to make strategic hires across the
product marketing and engineering functions here, and are
looking to strengthen our enterprise sales teams in the
Middle East, US, UK, Europe & Australian markets.”
Facilio’s new office building, developed by Indiqube, has a
fully automated facility management system in place. The
building is equipped with the company’s own flagship offering,
an AI-based CMMS platform which provides a seamless visitor
management system, workplace management, floor visualization,
inventory management and smart meeting room booking to
optimize efficiencies and productivity. As part of the phase 2
implementation, the building will also be equipped with energy
management systems to reduce energy spend and achieve net zero
in carbon footprint.
Facilio’s suite of products allows real estate owners to
aggregate building data, optimize performance, and control
portfolio operations - all from one place. The company
remotely deploys the property operations software platform in
large real estate enterprises across the globe. Replacing the
traditional and siloed software landscape that has frustrated
the market for decades, the solution aggregates data from
multiple, disconnected systems across portfolios into an
integrated, cloud-based platform, helping operations &
maintenance [O&M] teams become data-driven and agile.
Facilio currently has a distributed workforce of 200 employees
with offices in New York, London, Australia, Dubai & Singapore
apart from Chennai. The company’s new HQ features a 2000 sq ft
cafeteria, break out rooms and a vibrant community space for
hosting events, all intended to provide a first-class
workplace experience for its employees.
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.