Zen Ecosystems has announced the launch of Zen HQ, what the company says is one of the simplest, most cost-effective energy management solutions available. Zen HQ is designed to fit the needs of enterprises with multiple locations via a simple connected platform.
Schneider Electric has introduced “Continuous Efficiency,” a suite of managed services and software that combines the knowledge of Schneider Electric experts with sophisticated tools and technology.
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 Open Connectivity Foundation (OCF), sponsor of the IoTivity open source project, and AllSeen Alliance, which provides the AllJoyn® open source Internet of Things (IoT) framework, announced that the two organizations’ boards have approved a merger under the OCF name.
Controlco, a building automation company, announced it is transferring its software business to Kodaro LLC, a startup company with operations in California’s Bay Area. Software hosting and development for Controlco products will be managed by Kodaro.
A new U.S. Department of Energy (DOE)-led Smart Energy Analytics Campaign has been announced to encourage the use of energy-saving building analytics platforms — also known as energy management information system (EMIS) technologies — in commercial buildings nationwide.
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.
The commercial building automation system (BAS) market is at a crossroads, notes Navigant Research. Large technology companies are benefitting from the moderate but consistent growth of a mature market, while technology innovation, new business models, and emerging competitors disrupt the market.