UAE emerges as a global leader in next-gen real estate technologies

Inayat-ur-Rahman,  Deputy Business Editor

The UAE has emerged as a global leader in next-gen real estate technologies as the much anticipated Expo 2020 is adding considerable momentum to the economy, apart from being the perfect platform to showcase the UAE as a progressive and technology driven nation

The UAE real estate sector is taking a big picture view of digital transformation, with an emphasis on empowering user experiences, sustainability and real time efficiencies.

Facilio, a leading AI-driven property operations platform, and Italy-based Evogy, a leading digital energy service provider specialising in the Energy-as-a-Service model, announced a strategic partnership to deliver IoT-led solutions and services to drive sustainability and improve operational efficiency for real estate portfolios.

Commenting on the partnership, Stefano Zanin of Evogy, CTO and Co-Founder, stressed the need for a proactive response to climate-change and adherence to sustainability, in real estate.

"There are huge opportunities to realise cost savings through energy efficiency, with the power of technology like IoT & Cloud. Using Facilio's cloud-based platform, we will enhance our digital energy services via a command and control center, to optimise asset performance at enterprise scale, and fulfil the needs of large portfolio customers," Stefano added.

"The Facilio+Evogy combo unlocks great value for customers, through complementary solutions that enhance the portfolio performance in real-time”, CEO and Founder of Facilio, Prabhu Ramachandran said.

Prabhu Ramachandran.

“The Facilio platform, in combination with Evogy’s ‘Simon’ plug-and-play retrofit solution, reduces barriers to connectivity, aggregates building data, and identifies operational inefficiencies proactively. Our partnership with a regional leader of Evogy’s calibre will enable real estate owners and operators to elevate portfolio operations, exceed sustainability goals, and realize value faster” Prabhu added.

As a result of this partnership, Facilio and Evogy will extend their offerings to deliver well-rounded, intelligence-led connected operations and sustainability services, for large commercial portfolios. The enhanced capabilities include:

Remote monitoring and control of multiple building assets, equipment, and systems (HVAC, fire safety, access control, etc.) through a “single-pane-of-glass” dashboard.

Automated operational workflows, along with preventive, condition-based, and predictive maintenance.

New occupant/tenant services through personalized comfort control apps; App-based tenant service requests and visitor management. Automated, ML-driven algorithms for optimisation of HVAC systems for energy efficiency.

Dynamic optimisation of energy assets using Evogy’s ‘Simon’ digital energy specialist, in response to variable load, weather forecasts, electricity tariffs, etc.
Facilio and Evogy's synergetic operating model will enable clients to unlock the power of building data and make real-time performance changes; to optimise costs, energy usage, and productivity. End users and occupants will benefit from superior experiences and continuous responsive control.