Building and home automation application segment is leading the market
May 6, 2016
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.
Edge analytics sensors can provide greater intelligence about building usage and occupant behavior
May 4, 2016
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.
Being driven by factors including development of cheaper and smarter sensors, rising adoption of cloud computing
April 29, 2016
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.
Technological advancements coupled with rising commercialization of innovative products expected to fuel growth
April 27, 2016
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.
Companies are creating strategic platforms to support the Internet of Things
April 22, 2016
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.
Ease of moving wireless sensors makes them ideal for buildings with retrofit work or space changes
April 21, 2016
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.
Partnership to enable buildings to become smarter, more efficient, and connected
April 19, 2016
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.
Focused on developing and implementing creative building automation systems
April 12, 2016
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.
Ability to increase energy efficiency and enhance security and safety are driving growth
April 7, 2016
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.
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.