Cloud-based energy management system to expand deployment in shopping centers, office spaces and healthcare institutions across Australia
Sydney – July 9, 2015 – BuildingIQ, a leading energy management software company, today announces the deployment of its Predictive Energy Optimization™ (PEO) platform to BSA Group to promote to its commercial clientele. BSA Group, a technical and commercial services provider to some of Australia’s largest corporations, maintains a network of more than 500 contracting companies and manages 1,600 people performing more than 120,000 jobs per month, including installations, repairs and customer support. Some of the major companies known under the BSA Group are Allstaff, Triple M & Burke Air. Under this agreement, BSA Group will integrate BuildingIQ’s cloud-based intelligent energy management software into its services across major shopping centers, office buildings and healthcare institutions to automatically reduce daily energy usage.
The BuildingIQ PEO platform will be offered as part of a strategic solution developed by BSA’s Technical Maintenance Services business unit to address recurring maintenance needs. Powered by highly sophisticated and predictive analytics, the BuildingIQ platform intelligently and automatically makes changes to heating and cooling (HVAC) operations using real-time variables such as occupant comfort, building characteristics, historical data, weather forecasts and utility signals. It requires minimal set-up time and is able to calibrate itself to a building’s unique characteristics. Once installed, the solution can essentially run itself with little need for human intervention and no disruption to occupants.
“BSA specializes in all aspects of heating, ventilation and air conditioning and can provide a single point of contact from the design phase of a system all the way to maintenance, once completed and occupied,” said Glenn McLachlan, Group General Manager of BSA Group. “We want to ensure that all our customers have the necessary tools to meet any and all of their building management goals. With electricity prices on the rise, reducing daily energy consumption is a high priority. BuildingIQ’s platform is able to automate this task and drop energy consumption, especially during the hottest parts of the day when energy is at its most expensive.”
“The BuildingIQ solution is ideal for organizations like BSA Group, which provides a full inventory of services to a wide array of clients including always-on hospitals and shopping centers with heavy foot traffic,” said Michael Nark, CEO of BuildingIQ. “With Predictive Energy Optimization, decisions are based on data taken from customized variables, meaning our system can effectively generate savings under countless conditions. What’s more, the continuous savings resulting from the solution can free up valuable cash flow, creating a new revenue stream for building owners that can be directed toward other services.”
About BSA Group:
BSA Limited is a public company listed on the Australian Stock Exchange (ASX code: BSA), that is a successful and market leading supplier of technical services to the commercial building, health, education, retail, infrastructure and resource sectors.
BSA includes four subsidiaries who continue to trade under their respected names Triple ‘M’ Group of Companies, Allstaff Group of Companies, MEC Services and BurkeAir.
BuildingIQ 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 Optimization™ 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 Financial Services (SFS VC), Paladin Capital and the Energy Division of the Commonwealth Scientific and Industrial Research Organization (CSIRO).
Recognized as a leader in its industry, BuildingIQ most recently was named winner of a National Energy Efficiency Industry Award for Best Commercial Energy Efficiency Project by EEC Australia, Bloomberg New Energy Pioneers Award, Fierce Innovation Awards’ “Best in Show”, a Cool Vendor in Green IT and Sustainability by Gartner and listed on the Global Cleantech 100 and AlwaysOn Going Green Global 200.
Vantage PR for BuildingIQ
Sean Welch, +1-407-767-0452 ext. 228