building management

How predictive maintenance improves efficiencies across five industries

New technologies—including the rise of the Internet of Things (IoT)—and market pressures to reduce costs are pushing companies to move from reactive, condition-based maintenance and analytics to predictive maintenance. MarketsandMarkets forecasts the global predictive maintenance market size to grow from USD $3.0 billion in 2019 to USD $10.7 billion by 2024. Predictive maintenance is generally […]

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Watson makes building management as a service possible

Heating, ventilation, air conditioning and lighting represent the largest energy costs for businesses and are prime targets for suppliers of Smart Building systems. Vendors claim that understanding detailed energy usage patterns while being able to control and manage consumption based on that information will quickly deliver bottom line results. Building management as a service PhotonStar, […]

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