Dubai: Netix Global BV, a SB Group International subsidiary specializing in vendor-neutral building automation solutions, has been awarded a contract by SAGA International Owners Association Management Services, a leading real estate management company with diversified investments and projects across the Middle East, to upgrade and integrate the operations and maintenance of its three towers in Dubai.

Mazaya Business Avenue Jointly Owned Property are an existing patron of ODS Global, a sister company of Netix Global BV that offers integrated building management services. The new contract reflects SAGA International’s continued faith in SB Group International and its subsidiaries, during an inflection point in the industry, marked by increased tech adoption and strategic partnerships.

The three towers, which are currently equipped with ODS Global’ BMS maintenance and state-of-the-art automation systems, will undergo vendor-agnostic integration and consolidation of operational data, via Netix's intelligent Integrated Command & Control Centre (iICCC). IoT-based integration of BMS and multi-OEM assets leads to improved services, reduced operational costs, optimal resource utilization, and exceptional performances.

Netix's iICCC process involves installation and integration of IoT and AI-based smart devices, to enable:

  • Hands-on, centralized control over portfolio data and operations
  • Real-time analytics insights, to enable data-driven decision making
  • Preventive and predictive maintenance of critical assets like HVAC
  • Reduced dependency on vendors and OEMs
  • Programmability and interoperability, for new services

"The multifaceted challenges encountered by the commercial real estate industry during the pandemic have led to a focus on tech-enabled integration of building operations and management," said Sanjeevv Bhatia, Chairman of the SB Group. "Netix's enterprise-scale platform will allow Mazaya Business Avenue Jointly Owned Property to maximize efficiencies and savings on its existing BMS infrastructure, while unlocking enhanced experiences for occupants".

Mr. Samer Ganni, Managing Director of M/s. SAGA International Owners Association Management Services, the Owner Association Management company of Mazaya Business Avenue Jointly Owned Property, reiterated the need for intelligent, insight-led building operations, saying, "Vendor lock-in and reactive maintenance of individual equipment are at odds with present-day circumstances, which demand responsiveness, remote capabilities and seamless interoperability”.

“Our prior association with ODS Global, and a first-hand perspective on achievable outcomes, contributed to our decision to extend the partnership with the SB group International. We are looking forward to implementing an integrated and connected operational model, with the help of Netix Global," Mr. Samer Ganni added.

Strategic partnerships between building owners and service providers are driving the next generation of integrated real estate business models. This trend draws upon increased emphasis on data security and sustainability in the built environment, and enhancing the ability of service providers to deliver to best-in-class service standards, consistently.

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2020

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.