Company recognized as one of 10 game-changing companies in the field of clean energy technology and innovation
San Francisco – April 22, 2013 – BuildingIQ, a leading energy management software company, today announced that it has been named winner of the 2013 Bloomberg New Energy Pioneers Award, produced by Bloomberg New Energy Finance. Selected for its cloud-based predictive energy optimization technology, BuildingIQ’s software reduces HVAC energy use in commercial buildings by as much as 25 percent by monitoring and adjusting the system based on variables such as weather, occupancy, demand response signals and utility tariffs. Chosen from hundreds of companies, BuildingIQ’s energy management software was among Bloomberg’s top global innovations this year. BuildingIQ was recognized on stage at the sixth annual Bloomberg New Energy Finance Summit in New York City.
“Tough times make for good entrepreneurs, and this is definitely what we are seeing in this year’s New Energy Pioneers,” said Michael Liebreich, Chief Executive of Bloomberg New Energy Finance. “Once again we need to thank the judges, who had to winnow down a strong field to just ten winners. We wish them all luck in the coming years.”
The Bloomberg New Energy Pioneers Award highlights the momentum and potential scale of the top companies in the field of clean energy technology and innovation. With a building energy management systems (BEMS) market expected to be worth about $6 billion worldwide by 2020, according to Navigant Research, BuildingIQ’s Predictive Energy Optimization software meets the demands of an expanding industry.
“It is a tremendous honor to be recognized by Bloomberg as one of the New Energy Pioneers of 2013,” said Michael Zimmerman, CEO of BuildingIQ. “We have made significant steps to secure our spot at the top of the cleantech industry, most recently with funding from energy industry leaders like Siemens and Schneider-Electric. It’s gratifying to be recognized for this sort of commitment to the field. As the industry continues to grow and evolve, BuildingIQ will be right there to support it.”