Current, powered by GE, has announced the acquisition of Daintree Networks, a provider of building controls solutions for commercial facilities. Current said this acquisition will enable it to expand its building automation platform and its energy-as-a-service offering to small- and medium-size facilities.
The global energy harvesting system market is forecast to reach $974.4 million by 2022, increasing at a compound annual growth rate (CAGR) of 19.6 percent between 2016 and 2022, according to a new market research report published by MarketsandMarkets.
PointGrab has announced a new white paper that explores the impact of deep learning-based smart sensor technology on building automation management. The white paper was developed to help building automation industry stakeholders better understand the long-term benefits of deep learning-based technology.
The worldwide Internet of Things (IoT) market is projected to hit a compound annual growth rate (CAGR) of 33.3 percent to 2021 driven by the rising need for operational efficiency and the increasing penetration of connected devices, according to a report available from RnR Market Research.
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 Internet of Things (IoT) market is forecast to grow from an installed base of 15.4 billion devices in 2015 to 30.7 billion devices in 2020 and 75.4 billion in 2025, according to “IoT Platforms: Enabling the Internet of Things,” a new white paper available from IHS Inc.
As information and operational technologies converge, sensors play a crucial role in facilitating intelligent building solutions that can provide actionable insight through data-driven tools, notes Navigant Research. Wireless connectivity expands these sensor capabilities.
Johnson Controls announced that it has joined the Cisco® Digital Ceiling community as a founding building automation partner. The Digital Ceiling framework provides a platform to deliver better user experiences through the convergence of the IT network and building technologies.
Tozour Energy Systems, a leading provider of HVAC and building automation services, has announced the formation of a new dedicated business unit, Tozour Automation. This team of executives and technicians will provide control products and installation for the company’s clients in the greater Philadelphia and southern New Jersey areas.
The global building automation system market is forecast to reach $100.6 billion by 2022, increasing at a compound annual growth rate (CAGR) of 10.65 percent between 2016 and 2022, according to a new market research report published by MarketsandMarkets.