Facilio eyes growth as Middle East seeks digital transformation
Atlanta-based FM tech firm's CEO says 'rigid and siloed' platforms are 'obsolete' in the contemporary built environment
Atlanta-based facilities management (FM) technology start-up Facilio, which has offices in the US, the UAE, and India, believes the Middle East’s focus on technology, innovation, and next-gen infrastructure will drive a change in the way regional assets are managed, with founder and chief executive officer, Prabhu Ramachandran, stating that Facilio’s foray into Dubai had also been led by the region’s “readiness for digital transformation”.
In a statement released on the side-lines of the FM Expo 2019 exhibition, held at Dubai World Trade Centre on 17-19 September, Ramachandran said: “Complex, rigid, and siloed FM tech models are obsolete in today’s dynamic built environment.
“The future belongs to modern, simple, and easy-to-use connected FM [systems]. With Facilio this is what we have brought to the market – an enterprise-wide platform specially designed for the needs of the FM and real estate industries – and the response has been overwhelming.”
The Facilio CEO said Dubai’s smart city, sustainability, and retrofit programmes were key growth drivers in the region, and that the Saudi Arabian market was helped by “rapid urban planning and development”, leading to growth in the kingdom’s commercial real estate market.
Facilio planned to participate in the transition from traditional building management systems to integrated platforms that integrated real-time data, are predictive, and “balance the management of assets, workforce, and energy”, Ramachandran said, adding that market appetite for platforms such as Facilio’s was also driven by a better understanding of the drawbacks of using generic technology systems for FM operations.
He explained: “Repurposed industrial applications are limited in their impact and the commercial real estate industry has realised our platform represents a quantum leap over legacy players.”