Facilio, an SaaS company that provides AI-driven property operations and maintenance software, looks to double its footprint in the GCC by 2023-end from the current 50 million sq ft.   

 

Facilio, which manages over 10,000+ properties globally, has doubled its workforce in the last one year and made strategic hires and expanded 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.

 

Strategic investment

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 optimisation strategies at scale, and improve energy savings and asset performance.-- TradeArabia News Service