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| [November 13, 2012] |
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BuildingIQ and Johnson Controls to offer Predictive Energy Optimization™ through Panoptix™ Platform
SAN FRANCISCO --(Business Wire)--
BuildingIQ,
a leading energy management software company with a mission to redefine
the way energy is managed in commercial buildings, today announced it
has partnered with Johnson Controls to bring its applications onto the
new Panoptix™ platform. Using Panoptix, Johnson Controls customers will
be able to access BuildingIQ (News - Alert) to automatically reduce energy consumption
and costs while improving the operational efficiency of a building and
facility managers.
BuildingIQ offers a unique, next generation service to automatically
fine tune the building management system (BMS) based on weather
forecasts, occupancy patterns and energy prices in order to optimize
HVAC energy. The Panoptix Platform will provide cloud-based access to
energy data and manage the interface to the BMS to streamline the
implementation of BuildingIQ for customers across their portfolios.
Customers will be able to purchase a monthly subscription to BuildingIQ
through Panoptix as well.
BuildingIQ will be the first application on Panoptix to enable real-time
control of the BMS in order to directly reduce energy use and peak loads.
"The Panoptix software development community provides the building data,
tools and support to enable software companies such as BuildingIQ to
reduce the time and complexity of deployment while helping them access a
broader market of buiding owners and operators," said Laura Farnham,
vice president of building technology and service at Johnson Controls.
"The BuildingIQ predictive energy optimization service adds great value
to owners looking for the next generation of building energy efficiency."
"We are excited to be working with Johnson Controls, a leader in our
industry with an exciting vision for the future," said Michael
Zimmerman, CEO of BuildingIQ. "As a company dedicated to improving the
way energy is managed in commercial buildings, we will continue to
improve the value for our customers and partners by leveraging emerging
platforms such as Panoptix and others like them."
About Predictive Energy Optimization
The BuildingIQ system is the only energy management software platform
that forecasts energy demand and automatically adjusts a building's HVAC
settings to continuously optimize energy use and peak loads. BuildingIQ
works with existing building energy management systems and utility
demand response systems. It incorporates weather forecasts, occupant
comfort, utility prices and demand response signals into its
optimization algorithms. BuildingIQ automatically reduces energy
consumption, cost and emissions, while maintaining or improving occupant
comfort.
About Panoptix
The Panoptix solution is a combination of software and services to help
single building owners or managers of global enterprises improve the
performance of their buildings, decrease energy use and operational
costs, and reduce greenhouse gas emissions. It is driven by cloud-based
apps that provide visibility into how every system, subsystem and device
is functioning, and provides information to take actions to improve
their performance. It works with any size building, any building
management system; can be accessed by any computer, tablet or
smartphone; and is supported with industry news, an online community and
Johnson Controls Live Guide™ experts. Visit http://www.johnsoncontrols.com/panoptix.
About BuildingIQ
Founded in 2009, BuildingIQ is a leading energy management software
company whose mission is to redefine the way energy is managed in
commercial buildings. BuildingIQ's suite of software offerings are based
on unique, patent-pending Predictive Energy Optimization™ technology.
These offerings reduce peak and ongoing energy cost and consumption,
helping facility owners, managers and occupants get more value out of
their existing HVAC energy systems. BuildingIQ leverages over 40
man-years of building controls, modelling and comfort research from the
Energy Division of CSIRO, Australia's national research organization,
and its own R&D teams, to offer commercial facility owners and managers
high value solutions with limited capital expense outlay.
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