Changing customer demands, regulations and sustainability goals, and power regulation and resiliency concerns are leading building owners to realize that the guidelines they have traditionally used to assess their portfolios are changing, notes Navigant Research.

The latest report on the global commercial air conditioning market from Technavio provides an analysis of the top three emerging trends expected to impact the market outlook from 2016 to 2020.

Xylem Inc., a leading global water technology company, announced that it has signed a definitive agreement to acquire Sensus for approximately $1.7 billion in cash. Sensus is a provider of smart meters, network technologies, and advanced data analytics services for the water, electric, and gas industries.

Midea Group, a Chinese manufacturer of consumer appliances and HVAC systems, announced it has selected the Ayla Networks Internet of Things (IoT) platform as its preferred overseas IoT cloud partner for all its connected HVAC products.

BuildingIQ announced the launch of its 5i platform-enabled services, designed to deliver value to building operators at any stage of a building’s lifecycle. The company said the 5i platform and services provide a better building Internet of Things (IoT) solution for owner/operators due to its five pillar approach.

Blue Pillar, an Internet of Things (IoT) provider, has announced the addition of energy industry veteran Todd Krause as its chief commercial officer (CCO). As CCO, Krause will lead Blue Pillar’s global sales, marketing, and operations organizations.