Smart thermostats form an integral part of smart homes and have gained high traction in developed regions such as North America and Europe. The industry is anticipated to witness a high adoption of these gadgets as they display the energy consumption level in real-time and are capable of adjusting to ambient conditions automatically.
Schneider Electric announced that it has been named a leader in the Navigant Research Leaderboard Report on Building Energy Management Systems (BEMS). For the second year in a row, Schneider Electric has received the highest overall score for strategy and execution.
Current, powered by GE, has introduced a new digital energy management solution for commercial and industrial facilities. The new tool, which is built on Predix, GE’s operating system for the industrial Internet, is already being used by national customers including McDonald’s and Simon Property Group.
Encycle has announced its new SwarmStat™ service and its collaboration with Honeywell as a Total Connect Comfort partner. Encycle is Honeywell’s first smart thermostat partner to focus exclusively on solutions for commercial and industrial customers.
Powerhouse Dynamics, creator of the SiteSage® enterprise asset and energy management system, and HVAC equipment and water heater manufacturer, Rheem®, have announced a new partnership.
BuildingIQ has announced the general availability of a measurement and verification (M&V) service that allows building owner/operators to automatically measure and verify the effectiveness and impact of energy saving measures in order to qualify for utility or organizational savings incentives and mandates.
Zen Ecosystems has announced the launch of Zen HQ, what the company says is one of the simplest, most cost-effective energy management solutions available. Zen HQ is designed to fit the needs of enterprises with multiple locations via a simple connected platform.
Schneider Electric has introduced “Continuous Efficiency,” a suite of managed services and software that combines the knowledge of Schneider Electric experts with sophisticated tools and technology.
The global energy management system (EMS) market is forecast to reach $72.73 billion by 2024, according to a new report published by Grand View Research Inc. The building energy management system (BEMS) market is projected to grow at a compound annual growth rate (CAGR) of 14.7 percent.