The global smart building market is forecast to grow from $5.73 billion in 2016 to $24.73 billion by 2021, increasing at a compound annual growth rate (CAGR) of 34 percent from 2016 to 2021, according to a report published by MarketsandMarkets.
LonMark® International, an association for the certification, education, and promotion of interoperability standards for control networking, announced it has joined as a partner in the U.S. Department of Energy’s (DOE’s) Grid Modernization Initiative Foundational Project 3: Interoperability.
Convergint Technologies, a service-based systems integrator, has announced the acquisition of TACanada. Convergint said TACanada provides intelligent buildings through the use of open systems that seamlessly integrate mechanical, electrical, lighting, security, card access, and camera systems.
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.
Among the system’s key enhancements from previous versions are graphics available across multiple mobile devices, alarm management that enables alarm prioritization for improved productivity, and improved scheduling and custom trending that save time and ease troubleshooting.
This patented, quick-start HVAC optimization solution gives commercial building operators affordable access to technology in OptimumLOOP™, an advanced chiller-plant optimization solution for large commercial facilities.
While there are still misperceptions that deter some in the small-building market from investing in building management systems (BMS), many expect small-building owners and operators to continue to invest in BMS.
While transformation in buildings has been brewing for decades, the new goals of policy — in the U.S. and around the world — will require much more coherence from every corner of the HVAC industry. A group of more than 40 industry leaders met with that goal in mind at Danfoss’s 26th EnVisioneering Symposium — Tomorrow’s Buildings: New Driving Forces — June 7 in Washington, District of Columbia.
This is a plug-and-play solution that allows connection of the VLT HVAC Drive to building management systems using the BACnet/IP protocol. It complies with the B-AAC (BACnet Advanced Application Controller) profile.