Company receives highest overall score for strong strategy and execution
December 1, 2016
Schneider Electric announced that it has been named a leader in the Navigant Research Leaderboard Report on Building Energy Management Systems (BEMS). For the second year in a row, Schneider Electric has received the highest overall score for strategy and execution.
Cloud computing and big data are now changing the world of technology
November 1, 2016
The global energy management system (EMS) market is forecast to reach $72.73 billion by 2024, according to a new report published by Grand View Research Inc. The building energy management system (BEMS) market is projected to grow at a compound annual growth rate (CAGR) of 14.7 percent.
The U.S. market is the largest regional segment and is likely to maintain its dominance
October 18, 2016
The global building energy management systems (BEMS) market is forecast to surpass $6 billion by 2023, according to a report from Global Market Insights Inc. Increasing regulatory pressure due to increasing energy waste in buildings is predicted to drive the industry over the coming years.
Software is the vehicle that translates facility data into actionable information
September 21, 2016
A new report examines the strategy and execution of 15 intelligent building software solutions providers, providing industry participants with an objective assessment of these companies’ relative strengths and weaknesses in the global market for building energy management systems (BEMS).
The transition to the energy cloud will redefine the relationship between buildings and energy
August 31, 2016
Changing customer demands, regulations and sustainability goals, and power regulation and resiliency concerns are leading building owners to realize that the guidelines they have traditionally used to assess their portfolios are changing, notes Navigant Research.
Ongoing education about building energy management system benefits is accelerating midmarket adoption
June 27, 2016
Larger facilities have relied on building energy management systems (BEMSs) for more than a decade as a way to increase building efficiency through added insight and cost savings, notes Navigant Research. Today, smaller facilities are finding the systems can be just as valuable for buildings in the midmarket.
Technological advancements coupled with rising commercialization of innovative products expected to fuel growth
April 27, 2016
The global energy management systems (EMS) market was valued at $20.49 billion in 2014, and is forecast to grow at a compound annual growth rate (CAGR) exceeding 14 percent from 2015 to 2022, reaching $58.59 billion by 2022, according to a report from Grand View Research.
The energy cloud is redefining buildings as energy assets, report finds
January 4, 2016
As building energy management systems (BEMS) gain greater market penetration, building control algorithms are beginning to provide data beyond energy efficiency, including details on space utilization and operational efficiency.