According to the new market research report, "Building Automation System [BAS] Market - by Communication Technology, Offering, Application, and Region - Global Forecast To 2022," published by MarketsandMarkets, the overall BAS market was valued at $53.66 billion in 2016 and is expected to reach $99.11 billion by 2022, growing at a compound annual growth rate (CAGR) of 10.73 percent between 2017 and 2022.
Building automation system experts maintain the architectural integrity of the historic building
March 6, 2017
JM Electrical Company Inc., an automated building system installation company, announced that it has completed project operations at Harvard Memorial Church, a historic development located at 1 Harvard Bus Tunnel in the center of Harvard Yard in Cambridge. JM partnered with a premier building technology company on this control system.
Expanding footprint in IoT building controls and automation services
February 20, 2017
Acuity Brands, Inc. announced that its subsidiary, Distech Controls, has signed an agreement with Cochrane Supply & Engineering, an industrial internet of things (IoT) distributor, to expand Distech Controls’ sales footprint in Michigan, Kentucky, and parts of Ohio.
Vendors are introducing new versions of their core offerings as well as complementary solutions
October 17, 2016
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.
Arlington County, Virginia, is well on its way to a goal of 20 percent energy reduction by 2022. But the county realized it could do more — and do it quicker — if it had a modular solution that could optimize energy usage among multiple building devices.
Tridium’s Niagara Framework enables the integration of diverse building automation systems and devices
May 31, 2016
Current, powered by GE, has announced a new relationship with leading Internet of Things (IoT) solutions provider, Tridium. Under this agreement, Tridium’s IoT software platform, the Niagara Framework, will be used with Predix, GE’s cloud environment, to capture and analyze the volume and variety of data generated by buildings.