These sensors are a crucial component of the growing intelligent buildings market
September 29, 2016
The advanced sensor market is poised for significant growth in the next decade as intelligent building solutions gain deeper market penetration across customer segments and geographies, notes Navigant Research.
Current’s sensing technology to help optimize office space, enhance employee comfort
September 26, 2016
The Qualcomm Smart Campus in San Diego is adding smart digital sensing technology from Current, powered by GE. GE and Qualcomm announced that Current’s sensors, microservices, and intelligent LED infrastructure will help drive more energy efficiency and operational savings.
Systems will reduce energy consumption, support its sustainability efforts
September 22, 2016
Red Robin Gourmet Burgers and Brews announced it is rolling out new energy management systems in all of its restaurants. The project is on track for completion by early 2017 and will enable Red Robin to further reduce the resources needed to run the company’s 449 corporate-owned locations.
The bulk of the revenue will stem from North America and Western Europe
September 19, 2016
Though the smart buildings market continues to suffer from a fragmented ecosystem as proprietary building automation solutions dominate, ABI Research forecasts smart buildings global facility services revenue will grow from $625 million in 2015 to more than $8 billion in 2021.
Market is being driven by increasing awareness in industrial sector for more efficient utilization of energy
September 15, 2016
The global energy management system (EMS) market was valued at $31.29 billion in 2015 and is forecast to reach $63.16 billion by 2021, increasing at a compound annual growth rate (CAGR) of 12.4 percent between 2016 and 2021, according to a report from Zion Research.
Drivers include emphasis on energy efficiency, government initiatives, rising adoption of IoT
September 12, 2016
The global smart building market is forecast to grow from $5.73 billion in 2016 to $24.73 billion by 2021, increasing at a compound annual growth rate (CAGR) of 34 percent from 2016 to 2021, according to a report published by MarketsandMarkets.
The association will advise on the buildings and smart city market
September 9, 2016
LonMark® International, an association for the certification, education, and promotion of interoperability standards for control networking, announced it has joined as a partner in the U.S. Department of Energy’s (DOE’s) Grid Modernization Initiative Foundational Project 3: Interoperability.
Convergint Technologies, a service-based systems integrator, has announced the acquisition of TACanada. Convergint said TACanada provides intelligent buildings through the use of open systems that seamlessly integrate mechanical, electrical, lighting, security, card access, and camera systems.
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.