The global smart building market is forecast to grow from $5.73 billion in 2016 to $24.73 billion by 2021, increasing at a compound annual growth rate (CAGR) of 34 percent from 2016 to 2021, according to a report published by MarketsandMarkets.
Among the system’s key enhancements from previous versions are graphics available across multiple mobile devices, alarm management that enables alarm prioritization for improved productivity, and improved scheduling and custom trending that save time and ease troubleshooting.
While there are still misperceptions that deter some in the small-building market from investing in building management systems (BMS), many expect small-building owners and operators to continue to invest in BMS.
This is a plug-and-play solution that allows connection of the VLT HVAC Drive to building management systems using the BACnet/IP protocol. It complies with the B-AAC (BACnet Advanced Application Controller) profile.
Automated Logic Corp. has announced new enhancements to its WebCTRL® building automation system. It now features optimized trend reporting, new visualization tools, mobile support capability, and Open Automated Demand Response (OpenADR).
Building automation and energy services provider Albireo Energy LLC has announced a merger with Newark, Delaware-based Advance Power Control Inc. (APC) and Energy System Technologies (EST).
QA Graphics announced it has expanded and diversified its building automation system (BAS) graphic outsourcing services to build graphics using several new platforms.
PointGrab announced that it has joined the Cisco Digital Ceiling framework as a partner in developing building automation solutions over one IP network. The Cisco Digital Ceiling is an Internet of Things (IoT)-based solution to connect building services in a single, converged IP network through leading-edge technologies.
Schneider Electric announced it has appointed Annette Clayton as president and CEO, North America Operations. Clayton will be based in Schneider Electric’s North America headquarters in Andover, Massachusetts, and is responsible for driving business strategy and execution for the region.
Current, powered by GE, has announced a new relationship with leading Internet of Things (IoT) solutions provider, Tridium. Under this agreement, Tridium’s IoT software platform, the Niagara Framework, will be used with Predix, GE’s cloud environment, to capture and analyze the volume and variety of data generated by buildings.