logo
AI moves from buzz to backbone in real estate operations, says Facilio founder

AI moves from buzz to backbone in real estate operations, says Facilio founder

Tahawul Tech21-07-2025
Facilio's CEO, Prabhu Ramachandran, on how AI is transforming compliance, visibility, and performance across building portfolios.
Artificial intelligence is redefining real estate operations by addressing the everyday challenges faced by facility managers—missed SLAs, compliance gaps, and delayed issue resolution. Facilio is harnessing AI and IoT to unify disconnected systems, enabling smarter, faster decision-making across entire portfolios. Prabhu Ramachandran, Founder and CEO of Facilio, explains how the company is helping real estate and FM firms achieve measurable impact through a connected operational platform, with the Middle East emerging as a key region for success.
Interview Excerpts:
AI in real estate has moved beyond buzz—how is Facilio enabling measurable impact across compliance, issue resolution, and operational visibility?
AI is finally delivering on its promise in real estate—not as a futuristic idea, but as a hands-on tool to solve the everyday bottlenecks that facility teams deal with. Facilio brings AI into the heart of building operations, where the pain is real: delayed resolutions, missed SLAs, compliance scrambling, and a lack of real-time visibility. We are building AI capabilities to help facility managers prioritise work orders, assign the right technician instantly, surface hidden patterns in compliance failures, and spot risks before they escalate. Instead of hunting through spreadsheets or chasing teams for updates, managers can now see exactly where things stand—and more importantly, what actions will move the needle. The result? Problems are resolved faster, audits become routine instead of stressful, and teams stay ahead of issues rather than reacting to them. This is how AI becomes a daily operational advantage, not just a buzzword.
You often say leaders don't need more tech, but connected tech—how does Facilio bridge people, processes, and systems using AI and IoT?
Facility management has no shortage of tools—just a shortage of connected intelligence. Teams juggle a mix of apps, vendor systems, emails, and spreadsheets. The problem isn't lack of technology; it's that the systems don't talk to each other, and people are left bridging the gaps manually. Facilio changes that. Our platform brings AI and IoT together to stitch those silos into a single operational brain. Work orders, technician skills, asset health, energy usage, vendor response—all of it flows into one connected layer. AI then steps in to make sense of it, recommend actions, or trigger workflows in real time. This gives every team member—from a technician in the field to a regional ops lead—the ability to act faster, smarter, and with full context. It's not about automating tasks in isolation, but about orchestrating operations with intelligence.
As cost-cutting hits its limits, where do you see the biggest opportunities for AI to unlock long-term value in real estate portfolios?
Most portfolios have already squeezed the easy cost levers—cutting headcount, renegotiating contracts, deferring maintenance. But that's not sustainable. The next frontier is performance at scale—and that's where AI shines. AI helps shift from managing buildings to optimising them. Think: predicting which equipment is likely to fail next week, identifying which vendors are underperforming, spotting which sites have hidden compliance risks or missed revenue. It transforms operations from reactive to precision-led. The biggest long-term value? Visibility and control at the portfolio level. Instead of managing one building at a time, you can steer dozens—or hundreds of sites with the same clarity and consistency.
'AI isn't just helping teams do more with less—it's helping them do better with what they already have.'
Why is a unified operations platform the missing piece in facilities management, and how is Facilio filling that gap?
Facilities management has been stuck in fragmented workflows for too long. One app for work orders. Another for energy. A third for compliance. The result? Gaps, delays, and missed opportunities. What's missing is a single operating layer that ties it all together. Facilio was built to be that layer—a real-time platform where operations, maintenance, sustainability, and compliance come together, guided by live data and AI. This unified model doesn't just reduce tool sprawl. It unlocks a new way of operating—where every decision is informed by context, every process can adapt in real time, and every stakeholder (internal or external) works from the same source of truth. That's how we help teams stay ahead, not just keep up.
In the Middle East, AI is already driving results—can you share examples of how Facilio is helping FM firms exceed compliance without added overhead?
The Middle East is leading the charge in modern FM, especially in high-performance portfolios. We've seen forward-thinking customers embrace AI not just for innovation's sake, but to solve everyday pains—especially around compliance and reporting. Instead of manually tracking SLA breaches or scrambling to compile ESG data, teams using Facilio now get live dashboards that show exactly where they stand. Faults are flagged before they become failures. Reports are generated automatically. Technicians know what to fix and where to go—before someone escalates the issue.
The impact? Compliance becomes built-in, not bolted on. Teams improve performance without needing more people or firefighting more problems. In one case, a leading commercial development in Dubai unified all their building systems—from HVAC to lifts—under a single pane of glass. Another cut reporting time by 70% and rolled out energy programs portfolio-wide in weeks, not months. As for the third – an FM service provider in the UAE digitised its end-to-end workflows with Facilio—resulting in a 13% boost in workforce productivity, improved SLA adherence, and fully embedded compliance practices. By enabling real-time reporting and empowering mobile teams, they eliminated the need for manual audits across more than 300 buildings. These aren't pilots or ideas—they're results already happening, and they show what's possible when FM leaders choose a platform built for continuous improvement, not just digital record-keeping.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Dh2 million brew: Rare coffee coming to Dubai
Dh2 million brew: Rare coffee coming to Dubai

The National

time6 hours ago

  • The National

Dh2 million brew: Rare coffee coming to Dubai

The highest-rated coffee in the world will soon be available in the Dubai, complete with a sky-high price tag. Julith Coffee & Roastery, which opened its doors in Dubai last week, has paid more than Dh2 million at auction in Panama to secure an exceptionally rare variety. It placed the winning bid at the prestigious Best of Panama competition, claiming a 20kg lot for Dh2,218,785 ($604,080) − the highest price ever paid for auction coffee anywhere in the world. That works out at Dh110,938 ($30,204) per kg, shattering previous records and setting a new benchmark for rarity, quality and value. The beans, a Washed Geisha variety from a high-altitude family farm in Panama, will be roasted in 'extremely limited quantities' at Julith's new roastery brew lounge in Al Quoz. Tasting sessions are expected to be announced in the coming weeks. Julith is a new two-floor concept headed up by Turkish coffee roasting champion Serkan Sagsoz, who has described the rare record-breaking coffee as 'the absolute pinnacle of flavour, craftsmanship and terroir'. Grown in the mountains of Chiriqui, the coffee achieved an unprecedented 98/100 score in the annual competition, making it Panama's highest-scoring Washed Geisha. Harvested in April, the beans underwent a meticulous 48-hour cold-temperature fermentation followed by climate-controlled drying to preserve the flavour. In all, 549 bids were placed for the lot. When the final hammer fell, Julith came out on top, to back up its ambition to bring the world's rarest coffees to Dubai. 'We can't wait to share this once-in-a-lifetime coffee with those who truly value the artistry behind every cup,' Sagsoz added. Organised annually by the Specialty Coffee Association, the Best of Panama competition gathers the world's finest coffee growers. The top-scoring varieties, evaluated by an international jury, are then auctioned to an elite circle of buyers. Panama introduced the Geisha variety for the first time at the 2004 Best of Panama competition. Since then, it has established itself as the most recognised and expensive coffee in the world.

ACICO reports net profit of KD 8.3mln and operating profit of KD 3.5mln in Q2 2025
ACICO reports net profit of KD 8.3mln and operating profit of KD 3.5mln in Q2 2025

Zawya

time8 hours ago

  • Zawya

ACICO reports net profit of KD 8.3mln and operating profit of KD 3.5mln in Q2 2025

Maintains stable prices and supports the local market amid operational developments Kuwait: ACICO Group announced its financial results for the second quarter of 2025, reporting a net profit of KD 8.3 million, marking a major turnaround from the net loss of KD 2.3 million recorded during the same period in 2024. The results reflect the company's stringent cost control policy, enhanced operational efficiency, continued progress in implementing its financial restructuring plan and its operational strength that positions it as a partner of choice in key infrastructure projects in Kuwait and the region. Commenting on the results, Chairman of the Board Mr. Emad Abdullah Al Essa stated: 'We are entering a new chapter that paves the way for strengthening our financial position in line with our solid operational track record and sector-wide achievements. We have built a strong foundation rooted in operational efficiency, prudent management and a clear commitment to sustainable growth, ensuring long-term value for our shareholders, customers and the community. With confidence, we are moving forward toward achieving financial and operational balance that reinforces ACICO's position as a leading national company aligned with Kuwait's and the region's development ambitions.' Sales from industrial operations grew by 7.9% to KD 35.6 million. Gross profit margin improved from 17% to 18%, and selling, general and administrative expenses remained flat year on year. Despite these improvements, the company recorded an operating profit of KD 3.5 million, compared to KD 5 million in Q2 2024. This variance is primarily due to the exclusion of real estate revenues following the divestment of certain assets as part of the company's restructuring efforts, which have significantly reduced total liabilities and interest expenses from KD 8 million to KD 3.7 million. Restructuring Enhances Financial Position During the quarter, ACICO finalized a major debt restructuring agreement with a creditor bank for a total liability of KD 128.5 million. The agreement, which aligns with the Group's approved financial restructuring plan, resulted in a non-recurring gain of KD 3.5 million and a corresponding increase in shareholders' equity. The agreement included a multi-phase implementation plan, comprising the transfer of a property worth KD 60 million, a partial cash repayment of KD 2 million, direct debt discounts, and the conversion of part of the debt into preferred shares. The Group reaffirmed that this agreement is a continuation of its comprehensive financial restructuring strategy endorsed by the Board of Directors, aimed at strengthening financial efficiency, fortifying the balance sheet, and reinforcing ACICO's position as a leading regional player.​​​​

QIB and INJAZ Qatar mark major milestone in Life Skills program
QIB and INJAZ Qatar mark major milestone in Life Skills program

Zawya

time8 hours ago

  • Zawya

QIB and INJAZ Qatar mark major milestone in Life Skills program

Doha, Qatar – Qatar Islamic Bank (QIB), Qatar's leading digital bank, in collaboration with INJAZ Qatar, a leading non-profit organization focused on youth economic empowerment, has successfully concluded the 2024/25 cycle of the nationwide Life Skills Program, impacting over 27,000 students across 71 schools. Over the course of the year, more than 180 teachers were trained and deployed to deliver the programs in classrooms. The sessions were integrated into the academic calendar, allowing students to benefit from structured, interactive content across 12 teaching hours. This three-year program, developed under the supervision of the Ministry of Education and Higher Education was designed to equip Grade 7 and Grade 9 students with the skills they need to succeed in both their academic and professional lives. The Life Skills for Preparatory Students project is comprised of two distinct programs tailored to each grade level. The 'It's My Business' program for Grade 7 students has introduced design thinking as a problem-solving approach and offered a hands-on entrepreneurial experience, guiding students through identifying market needs, proposing solutions, and exploring how to launch a business idea. Meanwhile, the 'It's My Future' program for Grade 9 students focused on career readiness, helping them build a personal brand, explore job opportunities, write resumes, and develop the skills and behaviors needed to succeed in the job market. Commenting on the success of the first year's program, Mrs. Mashaal Abdulaziz Al Derham, Assistant General Manager, Head of Corporate Communications & Quality Assurance at QIB, said: 'We are pleased to see the strong results of our collaboration with INJAZ Qatar. This program represents our long-term commitment to supporting the youth of Qatar through practical, forward-thinking education. By focusing on life and financial skills at the preparatory level, we are contributing to the development of confident, capable individuals who are ready to shape their own futures. This initiative aligns with QIB's social responsibility framework and supports the broader goals of Qatar National Vision 2030.' Mr. Emad Al Khaja, CEO of INJAZ Qatar, commented: 'We are happy to continue our successful collaboration with QIB. Together, we are building an ecosystem of learning that extends beyond the classroom and prepares young students to make informed life and career choices. This collaboration remains a strong model for impactful educational outreach in the region.' The QIB-INJAZ Qatar collaboration highlights a shared commitment to empowering youth in Qatar by bridging the gap between education and real-world skills. With a growing impact year over year, the Life Skills Program continues to support the development of future-ready generations who can actively contribute to the country's economic and social progress. For more information, please visit

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store