Technology companies Atmel Corp., Broadcom Corp., Dell, Intel Corp., Samsung Electronics, and Wind River announced they are joining to establish a new industry consortium focused on improving interoperability and defining the connectivity requirements for the numerous devices that will make up the Internet of Things (IoT).
Daintree Networks Inc., a provider of open, networked wireless solutions for smart building control and energy management, was selected as one of the Red Herring Top 100 North America Award winners, a list honoring the year’s most promising private technology ventures from North America.
A new report, Global Smart Buildings Forecast 2013-2018, which presents the state of the market, drivers for technology adoption, and the business value generated by developing smart buildings, has been released by IDC Energy Insights.
Building automation systems rely on networks of sensors, switches, and other devices, along with software tools, to provide a real-time view of the current state of a building. The market for networked building controls is expanding as building owners and operators realize the cost savings offered by automated, real-time control.
Annual expenditures on integrated smart building applications, as measured by equipment supplier revenues, are forecast to grow globally by 150 percent by 2017, according to a new report from IHS.
Five key trends are making investment in smart building technology a “no-brainer” for commercial property owners and investors, according to Jones Lang LaSalle’s report, The Changing Face of Smart Buildings: The Op-Ex Advantage.
A new report on the market for building energy management systems (BEMS) and enterprise energy management (EEM), published by Memoori Business Intelligence Ltd., says total global sales of BEMS will be $16.7 billion in 2013, and it is forecast to grow to $23.14 billion by 2017.
Daikin Applied (formerly Daikin McQuay) has announced plans to integrate Intel-based technology in its rooftop units to utilize building data and create intelligent building systems. According to the company, these systems would intuitively know and adjust to what building occupants need for comfort and energy efficiency.
Commercial and retail building operators are expected to drive the growth of remote monitoring services in intelligent buildings, accounting for more than 80 percent of the $400 million market in 2016, according to a new study by IMS Research, a part of IHS Inc.
IDC Energy Insights has announced new preliminary survey data indicating that 50 percent of building owner respondents reported that they currently use smart building technologies. Another 33 percent stated they would be using smart building technologies in the next six months to a year.