BuildingIQ and AMP Technologies Announce Strategic Partnership
Companies team to reduce operating costs for commercial building owners and managers
SAN FRANCISCO — BuildingIQ, a leading energy management software company, has announced a strategic relationship with AMP Technologies, provider of a leading suite of products and services for commercial real estate asset management. Through this new agreement, qualified customers will have the opportunity use both BuildingIQ’s Predictive Energy Optimization™ (PEO) platform and AMP’s Commercial Real Estate Business Intelligence platform to reduce operational costs when managing commercial real estate assets, whether it is an individual property or a large portfolio of buildings.
BuildingIQ’s PEO platform is designed to lower energy costs and create free cash flow with no upfront capital. Offered on a subscription basis, the cloud-based technology predicts and makes real-time adjustments that lower the cost of a building’s HVAC operations by as much as 25 percent, said the company. By closing the loop between gathering data and implementing changes, BuildingIQ ensures that no opportunities for generating energy savings are missed.
The AMP Technologies commercial real estate platform provides an interface that allows a user to monitor and manage individual or multiple buildings at a time. Through this enterprise technology, financial health, revenue strength, operational excellence, and tenant relationships are all optimized to deliver ultimate performance. Finances, lease details, time mapping, and other key data points indicating the health and efficiency of an organization can all be accessed within 30 seconds.
“Our partnership with BuildingIQ will allow us to offer customers a truly 360 degree solution for commercial real estate management,” said Neel Naicker, co-founder and CEO of AMP Technologies. “We are completely focused on driving our users NOI and maximizing their competitive advantage in the most simple way possible. Our partnership with BuildingIQ takes these capabilities to another level of building management; now energy data can be combined with all the key metrics that drive ultimate performance to produce a full view of the health of your organization in 30 seconds.”
“BuildingIQ’s ability to generate energy savings is the perfect complement to those already streamlining processes through AMP Technologies’ offerings,” said Michael Nark, president and CEO of BuildingIQ. “Those buildings that are not utilizing cloud-based technology to improve energy consumption and operations are using practices that are quickly becoming antiquated. BuildingIQ is essentially a subscription for creating free cash flow through energy savings that pays for itself.”
For more information about AMP Technologies, visit www.theamp.com.
For more information about BuildingIQ, visit www.buildingiq.com.
Publication date: 5/12/2016