The real estate industry is engaged in creating sustainable buildings.
Inayat-ur-Rahman,Deputy Business Editor
The UAE has taken a leadership role in the Middle East region in technology adoption in real estate sector. Dubai has largely been responsible for changing the mindset when it comes to adopting new technologies.
The COVID-19 crisis has served as an unexpected catalyst of tech adoption in real estate. New safety protocols, stringent regulations, and heightened consumer expectations around air quality and HVAC performance, have accelerated changes that were already underway. Progressive HVAC industry leaders are now looking to transition from a purely hardware-centric approach, to one that is backed by an integrated The Internet of Things (IoT) ecosystem, and driven by the power of open protocol software platforms.
Facilio has now been selected by Belimo, a global giant in the development, production, and sales of HVAC devices, for a strategic partnership. The move marks a significant shift for a leading hardware provider, seeking to adapt to the changing expectations of the real estate industry.
Addressing the growing need for efficient building operations, Facilio and Belimo will help real estate owners, operators, and service providers turn IoT data into operational insights and workflows to optimize building performance and comfort in real-time.
“For customers who are shifting to an agile, data-driven operating model, Facilio and Belimo will deliver a single connected operational environment, helping them gain complete real-time visibility and control of their space and equipment. We are excited to partner with market leader Belimo to significantly impact how the real estate industry transforms their property operations with data,” said Prabhu Ramachandran, CEO and Founder, Facilio.
Facilio’s O&M platform harnesses IoT and aggregates hard-to-access building data to optimize HVAC systems and building performance in real-time, implementing effective sustainability measures, and elevating the tenant experience – all from one place.
“The real estate industry is engaged in creating sustainable buildings and contributing to ESG goals through digital transformation and industry collaborations,” said Salvatore Cataldi, Global Strategic Building IoT Expert, Belimo.
The UAE has emerged as one of the top five most globally connected countries in the world according to the DHL Global Connectedness Index 2020 released on Wednesday. Now in its seventh edition, the report compiled
The Dubai International Financial Centre (DIFC) has announced that its membership of the World Alliance of International Financial Centres (WAIFC) has been unanimously approved by its board.
Dubai Technology Entrepreneur Campus (Dtec), the largest tech hub and co-working space in the Mena region wholly owned by Dubai Silicon Oasis Authority (DSOA), signed a Memorandum of Understanding (MoU) with OQAL Angel Investors Network,
The top three transactions were a land in Madinat Dubai Almelaheyah sold for Dhs212.6 million, followed by a land that was sold for Dhs53 million in Hadaeq Sheikh Mohammed Bin Rashid, and a land sold for Dhs212.6 million in Madinat Dubai Almelaheyah in third place.
The rupee was trading at 82.32 per dollar by 0436 GMT, compared to its previous close 0f 81.88. In terms of the UAE dirham, the Indian rupee was trading around Dhs22.40.
The office of the Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications signed with Cisco, global networking, collaboration and cybersecurity leader, a collaboration framework expanding Cisco’s Country Digital Acceleration (CDA) programme in the UAE.
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