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Larry Andriunas has announced the launch of Kodaro LLC, a software development company that he will lead from California’s Bay Area. Operating in the building automation industry, Kodaro will create ways to connect building controls through software drivers, software applications, and enterprise solutions.

Powerhouse Dynamics, creator of the SiteSage® enterprise asset and energy management system, announced that it has been honored with the 2016 MassTLC Best Use of Technology: Internet of Things award. 

The global energy management systems market is forecast to grow at a compound annual growth rate (CAGR) of more than 16 percent from 2016 to 2020, according to Technavio’s latest research report.

Optimum Energy has released OptimumEDGE™, a patented, quick-start HVAC optimization solution designed to shave chiller plant energy use by 13 percent on average — and cut water use as well — without affecting building operations or occupant comfort, said the company.

The advanced sensor market is poised for significant growth in the next decade as intelligent building solutions gain deeper market penetration across customer segments and geographies, notes Navigant Research.

The Qualcomm Smart Campus in San Diego is adding smart digital sensing technology from Current, powered by GE. GE and Qualcomm announced that Current’s sensors, microservices, and intelligent LED infrastructure will help drive more energy efficiency and operational savings.

Red Robin Gourmet Burgers and Brews announced it is rolling out new energy management systems in all of its restaurants. The project is on track for completion by early 2017 and will enable Red Robin to further reduce the resources needed to run the company’s 449 corporate-owned locations.

The Louisiana Stadium and Exposition District (LSED) and Siemens are working together to implement technological advancements and energy efficiency upgrades at the Mercedes-Benz Superdome. 

Though the smart buildings market continues to suffer from a fragmented ecosystem as proprietary building automation solutions dominate, ABI Research forecasts smart buildings global facility services revenue will grow from $625 million in 2015 to more than $8 billion in 2021.

The global energy management system (EMS) market was valued at $31.29 billion in 2015 and is forecast to reach $63.16 billion by 2021, increasing at a compound annual growth rate (CAGR) of 12.4 percent between 2016 and 2021, according to a report from Zion Research.