Aggressive Adoption in Asia/Pacific, North America, and Western Europe
April 6, 2015
Global smart building technology spending is forecast to grow from $6.3 billion in 2014 to $17.4 billion in 2019, registering a compound annual growth rate (CAGR) of 22.6 percent, according to a new report from IDC Energy Insights.
Air-Fi wireless replaces the need for wired building controls, allowing installations to be completed quickly with little disruption to occupants in existing buildings while also providing reliability, simple installation, and flexibility as building spaces change.
Partnership Expands Both Companies’ Addressable Markets
April 2, 2015
EnerNOC Inc., a provider of energy intelligence software (EIS), and GridPoint, a supplier of data-driven energy management systems (EMS), have announced a partnership that they said will offer the commercial market a more comprehensive energy management solution.
Industrial Energy Management Systems Are the Largest Revenue Generating Segment
March 31, 2015
The global energy management systems (EMS) market is expected to reach $44.4 billion by 2020, registering a compound annual growth rate (CAGR) of 13.75 percent from 2014 to 2020, according to a new report by Allied Market Research.
Company Will Continue Operations in Brossard Headquarters
March 26, 2015
Distech Controls Inc., a supplier of building automation and energy management solutions, announced that it has entered into an agreement to be acquired by Acuity Brands Inc., a leading provider of intelligent lighting solutions.
Energy Can Be the Single Largest Operating Expense in a Typical Commercial Building
March 24, 2015
Trane, a brand of Ingersoll Rand, has introduced its new Trane Building Advantage brand, a suite of energy services offerings to assist building owners and managers with managing and operating efficient and sustainable buildings.
Deeper Integration of Building Automation Systems Is Driving Adoption in Commercial Buildings
March 23, 2015
Today, the opportunities presented by analyzing the vast amounts of data that building automation systems (BAS) can collect are accelerating their adoption across the commercial building sector, states Navigant Research.
University Expects to Save Approximately 10 Percent on Utilities
March 20, 2015
IBM has announced a new smarter buildings partnership with Carnegie Mellon University (CMU), the first higher education institution to pioneer use of a new cloud-based analytics system for reducing energy and facility operating costs.