Articles Tagged with ''energy management''

Budderfly LLC, a provider of energy management solutions, has been recognized as a 2016 Gartner Cool Vendor in Internet of Things (IoT) Solutions. By adding IoT devices and advanced software to an existing infrastructure, Budderfly’s solution is said to be able to enhance the energy efficiency performance of any building.

As the cost of advanced sensors has decreased and the amount of computational power and data storage has increased, buildings have become data-rich environments, notes Navigant Research.

ALDI has successfully deployed Siemens’ Site Controls Energy Management System (EMS) at nearly 1,500 of its retail locations. The majority of the installations were retrofits at existing stores replacing thermostats or third-party energy management systems, but Siemens also installed Site Controls in newly constructed stores as well.

Though industrial facilities are some of the most energy-intensive buildings worldwide, the drive for continuous operations and a focus on production has usually made energy efficiency a low priority for their operators and managers, notes Navigant Research.

The global energy management systems (EMS) market was valued at $20.49 billion in 2014, and is forecast to grow at a compound annual growth rate (CAGR) exceeding 14 percent from 2015 to 2022, reaching $58.59 billion by 2022, according to a report from Grand View Research.