Facilio, a renowned property operations software platform, announced that it has been recognized by Frost & Sullivan with the 2021 Best Practices Product Leadership Award for its IoT-based solution in the building operations and maintenance industry.
Software platform approach
"In a space dominated by hardware-centric incumbents, Facilio employs a differentiated software platform approach to address the challenges prevalent in the traditionally siloed and fragmented building operations market," said Dennis Marcell Victor, Industry Analyst - Energy & Environment, Frost & Sullivan.
He adds, "A huge differentiator for Facilio is the depth of alignment it creates between people, processes, automation systems, and business software across multiple buildings into a single pane of glass software, and in real-time."
The news builds on Facilio’s recent momentum including:
- The launch of Connected CMMS, a first-of-its-kind category solution reimagining the legacy CMMS/CaFM software market.
- Being named the 2021 Software of the Year by Construction Business News (Middle East), Certified with Proptech Innovation Label by Proptech Academy (EU), and Finalist in the Urban Developer Awards (Australia) for Best New Proptech.
- Ranked among the Top 20+ CMMS Software & Tools by SoftwareWorld.
performance, productivity, and cost optimization
"The market, analysts, customers, and partners have come to appreciate the power of a data-driven connected built environment that propels real estate portfolios towards operational agility and efficiency," said Prabhu Ramachandran, Founder & CEO, of Facilio Inc.
He adds, "We believe the recognition by Frost & Sullivan reinforces Facilio’s leadership in the property operations software category and our key role in helping define the market with advanced product innovation that improves building performance, increases productivity, and optimizes cost, all in one place."
