Facilio expands its smart buildings offerings to optimize energy usage in food retail
Facilio, a New-York headquartered prop-tech company with operations in Dubai, has announced the launch of a scalable, cloud-based Connected Refrigeration solution for multi-site food retailers including groceries, convenience stores and supermarkets.
The company's Connected Refrigeration solution promises food retailers up to 20% opportunity in energy cost savings through its powerful, hardware-agnostic, cloud-based supervisory platform that has added capabilities around monitoring and optimization of refrigeration assets.
The Accel India-backed startup claims its solution helps retail store owners & operators 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.
Some of the early adopters of its Connected Refrigeration Solution, which the company did not mention, include one of the ‘big four’ supermarket chains in the UK, for whom Facilio claims it has delivered a 16% savings in energy and eliminated the cost of undetected refrigerant leaks within weeks of deploying the software.
It has also partnered with US-based IoT solutions provider, Tutenlabs to drive value for more than 10,000 retail sites across the country. Some of the other users in its portfolio include enterprises such as Investa, British Land and ICD Brookfield.
Apart from its refrigeration solution, the proptech solutions company has a range of other products that allow real estate owners to aggregate building data, optimize performance, and control portfolio operations - all from one place, this includes its 'Connected CMMS Suite', a single system of record for O&M operations and 'Connected Buildings Suite', an IoT-enabled platform for energy & carbon efficiencies.
Facilio has offices in other cities including Chennai, Singapore, and Sydney. Some of its other leading backers include Tiger Global Management, Dragoneer Investment Group, and Brookfield Growth.
