Factech Shines at RealtyNXT PropTech Demo Day 2024
On September 10, 2024, Factech made a significant impact at the RealtyNXT PropTech Demo Day, showcasing its innovative facility management solutions. The company demonstrated its smart facility management platform, which leverages IoT and AI to provide real-time insights, predictive maintenance, and energy management integration. Designed for large-scale operations, the platform helps property managers and developers streamline operations, reduce costs, and enhance sustainability.
“We’re excited to showcase how our technology is revolutionising facility management,” a Factech spokesperson said. The presentation drew strong interest from investors and industry leaders alike, solidifying Factech’s position as a rising star in the proptech space.
Factech on a Strong Growth Trajectory with 3x ARR growth
Factech Automation Solutions is experiencing remarkable growth, with its Annual Recurring Revenue (ARR) increasing by more than 3x in past 3 financial years, since April 2022. The company, which provides smart facility management solutions, is creating tangible value for its clients across corporate parks, office spaces, and real estate projects. Leveraging cutting-edge technologies such as IoT and AI, Factech is helping its customers streamline operations, enhance productivity, and achieve real-time insights into facility performance. With the facility management sector undergoing rapid digitisation, Factech’s impressive ARR growth underscores its strong product-market fit and the rising demand for innovative PropTech solutions. As the company continues its upward trajectory, it is well-positioned to become a significant player in the SaaS-based facility management space, making it a promising prospect for investors in the PropTech industry.
RealtyNXT Demo Day & FacTech
RealtyNXT’s Demo Day provided an excellent platform for Factech to highlight its game-changing solutions that are set to shape the future of property technology.
Read the full news here 40 Best PropTech Startups Demo Day
