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Ayla Networks, a global Internet of Things (IoT) platform for manufacturers, announced it has worked with smart energy management company Encycle Corp. to create a new IoT-connected thermostat for United Technologies Electronic Controls (UTEC).

The global energy management system (EMS) market is expected to reach $58.59 billion by 2022, growing at a compound annual growth rate (CAGR) of 14.3 percent, according to a new report by Grand View Research. Demand for energy efficiency and optimization are the keys driving adoption of energy management solutions.

The global occupancy sensor market is forecast to grow from $1.14 billion in 2015 to $2.78 billion in 2020, expanding at a compound annual growth rate (CAGR) of 19.5 percent to 2020, according to a new market research report published by MarketsandMarkets.

As building energy management systems (BEMS) gain greater market penetration, building control algorithms are beginning to provide data beyond energy efficiency, including details on space utilization and operational efficiency.

Gartner Inc. forecasts that 6.4 billion connected devices will be in use worldwide in 2016, up 30 percent from 2015, and will reach 20.8 billion by 2020. In 2016, 5.5 million new devices will get connected every day.

The ZigBee Alliance, an association creating open standards that define the Internet of Things (IoT), announced with the EnOcean Alliance, a consortium for battery-less, wireless smart buildings and homes, that the organizations will cooperate on combining the benefits of EnOcean energy harvesting wireless solutions with ZigBee 3.0.