Building Automation Systems

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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. 

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. 

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.

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.

The U.S. Department of Energy (DOE) has awarded the Virginia Polytechnic and State University Advanced Research Institute nearly $2 million to continue research and development of its Building Energy Management Open Source Software (BEMOSS) for small and medium-sized commercial buildings.

The InsideIQ Building Automation Alliance, an organization of independent building automation contractors, is seeking an executive director. The alliance said this step is the next phase of its growth. The executive director will provide leadership and ensure the continued advancement of the alliance.

With today’s technology, it’s possible for a high-performance building to integrate and optimize all its major functions while also ensuring energy efficiency and comfort. Yet, while opportunities abound for HVAC contractors in this niche, many say there are still barriers restricting the growth of high-performance buildings.

The goal of a high-performance building is to optimize its performance and energy use at all times, in all conditions. And, trends in smart controls and system integration are making this goal more achievable than ever before.

Schneider Electric, a specialist in energy management, and Autodesk Inc., a leader in 3D design and engineering, have announced an agreement to collaborate to enhance current practices for building lifecycle management based on building information modeling (BIM).

Representing all major segments of the HVACR marketplace, the winning entries were honored in 10 categories as the most innovative new products among the thousands that will be displayed at the Jan. 26-28 event in Chicago.