Tozour to provide smart, high-efficiency technology to largest training complex in the NBA
April 6, 2016
The Philadelphia 76ers National Basketball Association (NBA) team has announced a partnership with Tozour Energy Systems, a full-service HVAC and building automation provider based in King of Prussia, Pennsylvania.
Growing use expected in various applications including the building, home, and industrial sectors
April 5, 2016
Global market revenue for energy management systems stood at $9.87 billion in 2014 and is forecast to reach $35.92 billion by 2024, increasing at a compound annual growth rate (CAGR) of 13.4 percent from 2016 to 2024, according to a report from Transparency Market Research.
Market will rely on retrofits, replacements, and incremental upgrades to existing facilities
March 31, 2016
The global advanced HVAC control market is expected to reach close to $12.2 billion in revenue by 2020, according to the latest research study released by Technavio. The report provides an in-depth analysis of market growth in terms of revenue and emerging trends. It also includes an analysis of various market segments.
Enables the move from simple presence sensing to occupant recognition, counting, and tracking
March 30, 2016
ABB demonstrated advanced occupant tracking sensors from PointGrab — in which ABB’s Technology Ventures arm made an investment in December 2015 — at Light+Building 2016. PointGrab uses edge-analytics connected sensors to deliver actionable occupant tracking information for smart homes and buildings.
LonTalk/IP standard provides for connectivity to larger enterprise networks and the Internet
March 28, 2016
LonMark International, with the cooperation of Echelon Corp., the European Committee for Standardization (CEN) Technical Committee TC-247, and LonMark Germany, announced plans to develop a new control-networking standard for the Industrial Internet of Things (IIoT).
The global advanced HVAC controls market for nonresidential users is expected to register the fastest growth during the forecast period. Nonresidential users of advanced HVAC controls include health care and educational institutions, manufacturing and industrial buildings, and offices and retail stores.
Increases opportunities for integration of their building automation and energy management products
March 18, 2016
Magnum Energy Solutions, a provider of energy management solutions, announced that Automated Logic Corp. has made an equity investment in the business. Automated Logic provides building automation and control systems through a nationwide dealer network.
Building energy management solutions are being widely employed in the commercial sector
March 14, 2016
The global market for building energy management solutions is projected to grow at a compound annual growth rate (CAGR) of over 12 percent from 2016 to 2021, according to a report by TechSci Research, due to an increasing focus on reducing emissions, stringent government regulations, and a growing number of smart city projects.
Software from IBM is being integrated into Siemens Navigator platform
March 9, 2016
Siemens Building Technologies Division and IBM have announced cloud-based solutions that will leverage Siemens’ building expertise and IBM’s Internet of Things (IoT) capabilities to maximize the potential of connected buildings, helping corporate real estate owners drive business results and meet energy efficiency goals.