Prabhu Ramachandran

IoT and AI driven FM tech start-up Facilio expands global footprint with a key focus on the Middle East, signing 8 new enterprise clients in less than a year

August 28, 2018 UAE Business 0
  • Within a year of securing over $1 million USD funding from international venture capitalists, Accel, Facilio has signed contracts with several prestigious clients across the US, India, and the Middle East, accruing a whopping 20 million sq ft of built space under its management
  • Facilio is the world’s first IoT and AI-driven facilities management SaaS solution that covers end-to-end building maintenance, operations, sustainability, and tenant experience, across portfolios.
  • With this momentum, Facilio is gearing up to expand the engineering team in India and grow the support, sales and marketing teams in the US.

Facilio, an Atlanta-based FM Tech start-up, has already established a strong foothold in Dubai across IoT & AI-driven applications designed to unify building performance in real-time, within its first year of operations in the Middle East. Read more

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Which country has the best environment for Tech Startups in MENA?

June 19, 2017 UAE Business 0

The MENA region is trending on tech startups and its success, but more importantly, UAE is taking lead with its smooth business start-up systems and an enabling environment to support innovation. The Emirate has the highest number of venture capitals in the MENA region –currently possessing 19 venture capitals. According to founder and co-founders of tech start-ups, there is, even more, ease operating in a free zone as compared onshore, as free zones are indeed free from complex bureaucratic and regulatory procedures. The free zones help simplify things by aiding in areas such as visa acquisitions, residence permits, documentation and bank accounts. Series of success story testimonies within the tech start-up area makes it an attractive sector and a booming one for UAE. Read more