Facilio looking to expand globally

Company’s data-driven software brings savings and optimisation in operations

By Author  |  Published: 21st Jul 2019  12:04 amUpdated: 20th Jul 2019  9:06 pm
Facilio

Hyderabad: US-headquartered Facilio, an enterprise platform that helps multi-site owners and managers centrally connect building performance in real-time and drive friction-less facilities management, is targeting multi-building owners, developers and technology parks across the US, Singapore, Middle East and India.

The company, which operates from Chennai in India, currently caters to 350 buildings worldwide covering an area of 35 million sq ft. Facilio has about 30 clients globally, of which ten are in India, serving developers and corporates with multiple buildings.

Facilio founder and CEO Prabhu Ramachandran told Telangana Today, “We come into picture when a building is constructed. Our internet of things (IoT) software can talk to each element of the building and pushes the data to our cloud. Our customers (developers/corporates) who have multiple buildings across several States can connect their buildings on one cloud platform and get insights on energy usage and other aspects, using all the data available. We don’t deal with energy efficiency in silos, but our software manages everything related to facilities management staff -their calendar and maintenance is managed as well as the equipment. Facilio digitises everything and all the activities are data-driven. We can predict issues that may come up with energy equipment in advance.”

Facilio The company encourages its clients to continue to use automation that was previously deployed by them. Savings of the software and insights get reflected in the operations in the areas of energy, water, people and assets.

He further explains, “Our software helps large building owners in running their day-to-day operations and take care of their maintenance efficiently. That efficiency includes energy efficiency, workforce efficiency and mechanical asset efficiency (elevators, air conditioners and other systems). We help them optimise their performance so that they work for longer period of time.”

It is believed that if a building is built with certain investment, over the next 50 years of the life of the building, one invests five times of that investment on maintenance, which includes energy, workforce and retrofitting costs. It thus becomes important for building owners to optimise their costs. Facilio claims that its software brings 10-15 per cent of savings.

End-user markets
While sectors such as manufacturing and retail are embracing software platforms gradually, office space developers, technology park developers, co-working space developers are increasingly showing importance to technology, which is driving demand. Warehousing is another emerging area where developers are looking for optimisation.

“Facilio is rapidly expanding into the US, Singapore, Middle East and India now. We are providing software-driven solutions to building owners across the world. Traditional ERP solutions were not able to solve all problems, so IoT has a better way of solving them,” Ramachandran points out.

He says, going forward, data centres are going to be another major segment for Facilio’s offerings. With growing usage of artificial intelligence in data centres, they have powerful systems that need more cooling.

“Energy efficiency shouldn’t alone be the approach for clients, they should ideally look at overall optimisation of operations,” he added.

Facilio wants to bring in a performance rating system for facilities management staff in future the way companies and electric equipment are rated. This will help the personnel get better career prospects and progression.

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