The Consumer Electronics Association (CEA)® and LonMark International have announced two new standards for home and building automation. The organizations said these standards provide a mechanism to develop a higher level of device-to-device interoperability using any open control networking communication platform.
The rise in energy prices and consumers’ focus on energy efficiency have compelled facility and home owners in North America to adopt energy-saving solutions, notes Frost & Sullivan. Suppliers are diversifying their portfolios with respect to system design and technology in order to remain competitive and meet their needs.
The global energy management system market is forecast to grow at a compound annual growth rate (CAGR) of around 20 percent from 2015 to 2020 due to highly volatile electricity prices, government regulations, and growing awareness among consumers, according to a new report from Research and Markets.
The modern DCS system improved the facility’s performance, enabled remote support, and lowered the hospital’s cost of ownership without ever fully shutting down the plant.
The global smart building market is forecast to grow at a compound annual growth rate (CAGR) of 11.9 percent from 2015 to 2019, with rapid urbanization being one of the major market growth drivers, according to a new report available from ReportsnReports.
Ecova, an energy and sustainability management company, and Powerhouse Dynamics, a supplier of enterprise energy and asset management systems, announced they have expanded their partnership to provide energy management and managed services to retailers, restaurants, and convenience stores.
More than 8 million building management systems (BMS) will be integrated with some form of Internet of Things (IoT) platform, application, or service by 2020, according to a report from ABI Research.
Through this agreement, Trane will now use the Telkonet EcoSmart™ platform to offer the hotel and hospitality industry additional HVAC and comfort system options that benefit hotel guests.
Building automation is transforming into the building Internet of Things (IoT), creating a $76 billion market by 2020, according to a new research report from Memoori Business Intelligence Ltd.