|[May 01, 2014]
BuildingIQ Integrates with SkySpark to Deliver Energy Savings at Mount Pleasant Shopping Centre
SAN FRANCISCO --(Business Wire)--
a leading energy management software company, and SkyFoundry, owner of
SkySpark analytics software, today announce the integration of their
technologies to identify and create energy savings for the Mount
Pleasant Shopping Centre in Queensland, Australia.
BuildingIQ's (News - Alert) predictive energy optimization software, which leverages
variables such as occupant comfort, utility signals, weather forecasts,
and building characteristics, can now tap into SkySpark's real-time
metering data. The additional source of data allows BuildingIQ's
software to create a more advanced thermal model of the shopping center
and make automatic adjustments in order to maximize energy efficiency
and reduce operating costs.
The use of BuildingIQ's technology has allowed CFS Retail Property Trust
Group (CFX), which manages Mount Pleasant Shopping Centre on behalf of
one of its wholesale funds, to optimize the performance of its asset and
create a continuous, long-term return on a sustainable investment. The
decision to incorporate BuildingIQ's software came with little risk. It
is used on a subscription basis, requiring no upfront capital.
"BuildingIQ and SkyFoundry's software combined to seamlessly integrate
into our property's existing building management system. The new
automated approach needs minimal input from the facility's staff,
freeing them up to handle other labor intensive tasks," says Scott
Horsnell of CFX. "We are pleased with the energy efficiency and savings
we've achieved working with these two innovative technologies."
"BuildingIQ's solution is like an energy efficient cruise control for
buildings," said Michael Nark, president and CEO of BuildingIQ. "Through
continuous modeling and analysis of the data that is collected from
SkySpark, the system is able to make real-time adjustments to Mount
Pleasant Shopping Centre's heating and cooling operations that create
verified energy savings. The simple installation process and ability to
utilize existing infrastructure makes it a great solution for retail,
office and really any type of space."
is a leading provider of advanced energy management software that
actively predicts and manages HVAC loads in commercial buildings. As the
only supplier of patent-pending Predictive Energy OptimizationTM
technology, BuildingIQ's cloud-based solution is powering energy and
operational savings in buildings across the globe with reductions in
HVAC energy costs by as much as 25 percent. BuildingIQ delivers
measureable results and has received backing from tier one industry
leaders including Aster Capital (backed by Schneider Electric, Alstom
and Solvay), the Venture Capital unit of Siemens (News - Alert) Financial Services (SFS
VC), Paladin Capital and the Energy Division of the Commonwealth
Scientific and Industrial Research Organisation (CSIRO).
As a leader in its industry, BuildingIQ has been recognized as a winner
of the Bloomberg
New Energy Pioneers Award, Fierce
Innovation Awards' "Best in Show", EDC's
Readers' Choice Award, named a Cool
Vendor in Green IT and Sustainability by Gartner (News - Alert), a Top
10 Enterprise Smart Grid Leader by Groom Energy Solutions, featured
Green Quadrant and listed on the Global
Cleantech 100 and AlwaysOn
Going Green Global 200.
SkyFoundry provides software solutions to help customers derive value
from their investments in smart devices. The company's SkySpark
analytics platform integrates data from diverse systems and identifies
opportunities for operational improvements and cost reduction by
automatically analyzing data to "find what matters." Learn more at www.skyfoundry.com.
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