Board of directors approved plan to create two discrete sections
May 20, 2016
The Air-Conditioning, Heating, and Refrigeration Institute (AHRI) announced that its Controls Product Section will be divided into two new sections: Air Conditioning & Refrigeration (ACR) Electronic Controls and Gas Controls.
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.
Building owners and managers are seeking experienced system integrators who can help guide them through the complex process of choosing a total BAS solution that goes well beyond just controlling the heating and cooling equipment.
Combined offering brings benefits of building automation to small- and mid-sized buildings
May 6, 2016
Current, powered by GE, has announced the acquisition of Daintree Networks, a provider of building controls solutions for commercial facilities. Current said this acquisition will enable it to expand its building automation platform and its energy-as-a-service offering to small- and medium-size facilities.
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.