Facilio rolls out Connected Refrigeration Solution to cut energy costs for multi-site food retail stores
Newyork, April 3, 2023:
Facilio, the New-York headquartered proptech company known for its suite of smart
buildings software, has rolled out a cloud-based supervisory control platform that
enables remote monitoring and optimization of refrigeration systems. The company’s
Connected Refrigeration
Solution delivers up to 20% savings in energy for multi-site
food retailers including grocery, convenience store and supermarket operators.
"In the retail industry, the front-end technology has seen incredible advances, while
the back-end store operations have not evolved or changed much. There is still heavy
reliance on store-level siloed systems. It’s an area ripe for transformation.
Our Connected Refrigeration solution helps retailers 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," says Raj
Subramanian,
Co-Founder & CPO at Facilio.
The Retail, Food Service, and Grocery sectors spend over $41 billion on energy annually,
representing 14 billion square feet of floor space in the U.S alone. Food cooling and
refrigeration account for over 50 percent of the store’s energy costs. With Facilio’s
Connected Refrigeration solution, food retailers have a $4.1 billion opportunity in
energy cost savings.
Facilio lets retail store owners & operators optimize existing refrigeration systems to
get ROI within 6 months and save up to 20% in refrigeration energy costs. Guaranteed
outcomes include reduction in maintenance costs, service calls, and refrigerant leak
rates.
Among the early adopters of Facilio's Connected Refrigeration Solution is one of the
‘big four’ supermarket chains in the UK for whom Facilio has delivered a 16% savings in
energy and eliminated the cost of undetected refrigerant leaks within weeks of deploying
the software.
Facilio has also partnered with US-based IoT solutions provider, Tutenlabs to drive
value for more than 10,000 retail sites across the country. Roi Amszynowski, CEO of
Tutenlabs said, "Our customers deserve the best. By joining forces with Facilio, we are
confident that we will keep generating more value and savings for all of our
stakeholders."
Facilio is trusted by forward-thinking enterprises such as Investa, British Land and ICD
Brookfield to transform and future-proof their building portfolios. Facilio’s other
product offerings include the Connected CMMS Suite, a single system of record for O&M
operations & Connected Buildings Suite, an IoT-enabled platform for energy & carbon
efficiencies.
About Facilio
Facilio's AI-driven property operations platform allows real estate owners to
aggregate building data, optimize performance, and control portfolio operations
- all from one place. Customers in the commercial office, healthcare, retail,
education, and other real estate categories across the world use Facilio to
reduce operations costs, increase net asset value, and de-risk operational
liability. Headquartered in New York City with offices in Dubai, Chennai,
Singapore, and Sydney, Facilio is a global company backed by leading investors
including Accel India, Tiger Global Management, Dragoneer Investment Group, and
Brookfield Growth.
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