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Facilio, a leading property operations software platform, was recently recognised with the 2021 Best Practices’ Product Leadership Award for its IoT-based solution in the building operations and maintenance industry by Frost & Sullivan.
A press release said that Facilio emerged as the winner of the award by demonstrating five times growth over the last six quarters, technology innovation, and an advanced product portfolio in the property operations software category.
“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 and environment, Frost & Sullivan. “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 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 and CEO, Facilio Inc.
“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.”
Facilio Prabhu Ramachandran founder CEO of Facilio
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