Facilio rolls out Connected Refrigeration Solution to cut energy costs for multi-site food retail stores
Newyork, April 3, 2023:
Facilio, the New-York headquartered proptech company known for
its suite of smart buildings software, has rolled out a
cloud-based supervisory control platform that enables remote
monitoring and optimization of refrigeration systems. The
company’s
Connected Refrigeration Solution delivers up to 20% savings in energy for multi-site food
retailers including grocery, convenience store and supermarket
operators.
"In the retail industry, the front-end technology has seen
incredible advances, while the back-end store operations
have not evolved or changed much. There is still heavy
reliance on store-level siloed systems. It’s an area ripe
for transformation.
Our Connected Refrigeration solution helps retailers take
control of their refrigeration systems, providing real-time
visibility into the performance of their assets across all
sites, enabling them to make informed decisions and reduce
costs,"
says Raj Subramanian, Co-Founder & CPO at Facilio.
The Retail, Food Service, and Grocery sectors spend over
$41 billion on energy annually, representing 14 billion square feet of
floor space in the U.S alone. Food cooling and refrigeration
account for over 50 percent of the store’s energy costs. With
Facilio’s Connected Refrigeration solution, food retailers
have a $4.1 billion opportunity in energy cost savings.
Facilio lets retail store owners & operators optimize existing
refrigeration systems to get ROI within 6 months and save up
to 20% in refrigeration energy costs. Guaranteed outcomes
include reduction in maintenance costs, service calls, and
refrigerant leak rates.
Among the early adopters of Facilio's Connected Refrigeration
Solution is one of the ‘big four’ supermarket chains in the UK
for whom Facilio has delivered a 16% savings in energy and
eliminated the cost of undetected refrigerant leaks within
weeks of deploying the software.
Facilio has also partnered with US-based IoT solutions
provider, Tutenlabs to drive value for more than 10,000 retail
sites across the country. Roi Amszynowski, CEO of Tutenlabs
said, "Our customers deserve the best. By joining forces with
Facilio, we are confident that we will keep generating more
value and savings for all of our stakeholders."
Facilio is trusted by forward-thinking enterprises such as
Investa, British Land and ICD Brookfield to transform and
future-proof their building portfolios. Facilio’s other
product offerings include the
Connected CMMS Suite, a single system of record for O&M operations &
Connected Buildings Suite, an IoT-enabled platform for energy & carbon efficiencies.
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.
