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July 15, 2008: Spinwave and AscentIQ Partner to Help Companies Reduce Energy Use

July 15, 2008
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WESTFORD, Mass., and ALLYN, Wash. - Spinwave Systems Inc. and AscentIQ Inc. announced that they have teamed to produce a complete energy management solution that makes it faster and easier to reduce energy consumption in commercial buildings. Combining second-generation wireless technology with a flexible software platform, the new energy management solution is designed to make energy usage data available to company management in a clear format, tied directly to business goals. The system allows users to integrate their energy management systems with software used to run their businesses, such as financial reporting programs, making it easier to analyze, share, and apply energy usage information throughout an organization.

According to the companies, a customized application that incorporates building automation and business enterprise software would normally take months to develop; it is said to take only hours to put together with the AscentIQ/Spinwave platform. Once set up, the system allows management to:

• Track energy usage;

• Tie energy usage to financial reports;

• Respond quickly to changes in energy needs and prices;

• Analyze energy trends to improve energy efficiencies and reduce costs; and

• Access an energy dashboard.

Spinwave Systems, a leader in wireless energy management sensors and controls, provides the hardware for the system, which includes wireless thermostats, temperature and humidity sensors, pulse counters for utility metering and smart meter interfaces, and control modules. Spinwave says its wireless mesh network reduces the cost of deploying an energy management system by up to 75 percent, since the intensive labor costs associated with running wires and installing conduit are eliminated. It also cuts installation time.

The AscentIQ software platform encompasses a suite of enterprise-focused modules in a single application, including business activity monitoring - tools to monitor enterprise information bus and report boundary conditions, exceptions, and trends, as well as data collection, aggregation, business process management, alarms and alarm escalation, and content transformation and delivery tools. All of this is provided in an easy-to-use drag-and-drop user interface.

By bringing together both wireless hardware and rapidly customizable software, the new system streamlines both installation and configuration, making energy management more affordable, even for smaller businesses, say the companies. It makes it easier for building automation specialists to communicate data to management, and gives management an efficient way to use that data to plan and evaluate their companies’ overall energy usage.

“We see great potential in this development,” says Rainer Wischinski, Spinwave’s vice president of marketing. “Integrating wireless energy management with other systems in a company makes it much easier for energy usage data to reach decision makers at all levels, with everyone getting the information they need in the format they prefer.”

For more information, visit www.spinwavesystems.com.

Publication date: 07/14/2008

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