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, the company said.
“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,” said Raj Subramanian, co-founder and CPO at Facilio. “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.”
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, according to the U.S. Department of Energy. Food cooling and refrigeration account for over 50% of the store’s energy costs. With Facilio’s Connected Refrigeration solution, food retailers have a $4.1 billion opportunity in energy cost savings, the company said.
Facilio clients include Investa, British Land and ICD Brookfield. Other product offerings include the Connected CMMS Suite, a single system of record for O&M operations and Connected Buildings Suite, an IoT-enabled platform for energy and carbon efficiencies.
