Ongoing education about building energy management system benefits is accelerating midmarket adoption
June 27, 2016
Larger facilities have relied on building energy management systems (BEMSs) for more than a decade as a way to increase building efficiency through added insight and cost savings, notes Navigant Research. Today, smaller facilities are finding the systems can be just as valuable for buildings in the midmarket.
Increasing need for cost reduction, rising need for energy conservation, increasing certification
June 15, 2016
The latest report on the global energy management systems market for the health care sector from Technavio provides an analysis of the most important trends expected to impact the market from 2016 to 2020.
Reports show the value of identifying and correcting HVAC issues
June 2, 2016
Encycle™ has announced the public release of its HVAC Visibility reports, part of its overall Energy as a Service by Encycle (EASE) solution. The solution is designed to maximize the performance of HVAC systems to save commercial and industrial companies money while reducing their carbon footprint.
Solution identifies and helps maximize energy savings using IoT electrical devices or “adaptors”
May 25, 2016
Budderfly LLC, a provider of energy management solutions, has been recognized as a 2016 Gartner Cool Vendor in Internet of Things (IoT) Solutions. By adding IoT devices and advanced software to an existing infrastructure, Budderfly’s solution is said to be able to enhance the energy efficiency performance of any building.
Production remains the primary concern for industrial facility customers, report finds
May 10, 2016
Though industrial facilities are some of the most energy-intensive buildings worldwide, the drive for continuous operations and a focus on production has usually made energy efficiency a low priority for their operators and managers, notes Navigant 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.
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.
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.