Building control systems are commonly exposed to data networks and the cloud and many applications now have access to the system data. However are system reliability, ownership, and efficiency being sacrificed?
Kele supplies over 108,000 peripheral control products
November 19, 2015
Antares Capital and American Capital arranged for $170 million in financing to support the acquisition of Kele Inc. by Snow Phipps Group LLC. Kele is a distributor of peripheral control products used in building automation systems. Snow Phipps is a private equity firm focused on middle-market control investments.
Europe will be the biggest market in terms of revenue followed by North America and Asia Pacific
November 16, 2015
The building automation market is forecast to experience steady but incremental growth over the next five years, generating $45 billion in 2021, according to a report from ABI Research. Europe will be the biggest market in terms of revenue followed by North America and Asia Pacific in 2021.
Building automation market in a slow but steady growth period
November 2, 2015
Transformation has gradually been taking place in the building management system (BMS) market. This market is trailing other markets, and, as a consequence, these new technologies have had limited impact on how BMS systems work.
Product is an Internet of Things (IoT) platform for building automation
July 23, 2015
KMC Controls, a leader in building automation systems, was awarded the Best Intelligent Building Technology Innovation Award at the 2015 Realcomm IBCon conference in San Antonio for its KMC Commander™.
Rising Energy Costs and Stringent Regulatory Policies to Drive US Market
April 27, 2015
The United States market for building automation system (BAS) products is forecast to grow at over 9 percent through 2020, according to a TechSci Research report, “United States Building Automation & Control Systems Market Forecast & Opportunities, 2020.” Rising energy costs and stringent regulatory policies are the major growth drivers.
Agreement Includes a 10-Year Strategic Relationship Between the Two Companies
April 6, 2015
Johnson Controls Inc. announced that it has reached a definitive agreement for the sale of its Global WorkPlace Solutions (GWS) business to CBRE Group Inc. for $1.475 billion. Johnson Controls had declared its intention to divest the GWS business in September 2014.
Ontario Contract Covers More Than 600 Government Buildings
March 30, 2015
Airtron Canada announced that it has been selected to perform HVAC and building automation systems (BAS) maintenance services for more than 600 Ontario government buildings. That translates into 21 million square feet of facilities in buildings such as office buildings, laboratories, and correctional facilities.