|[July 18, 2013]
BuildingIQ Named a 2013 Enterprise Smart Grid Leader by Groom Energy
SAN FRANCISCO --(Business Wire)--
a leading energy management software company, today announced that it
has been named a 2013 Enterprise Smart Grid Leader by Groom Energy in
their recent report, "2013 Enterprise Smart Grid and a Buyers Guide for
Energy Management Software and Technologies." BuildingIQ's (News - Alert)
software-as-a-service solution was selected from a list of more than 200
energy management vendors not only for its ability to reduce HVAC energy
costs by as much as 25 percent but also because it provides a quick
return on investment. A BuildingIQ solution turns existing buildings
into Smart Grid-enabled buildings with minimal capital expenditure.
According to Groom Energy's new report, "18 percent of large companies
surveyed plan to invest in energy management software in 2013."
BuildingIQ's cloud-based software easily integrates into a facility's
building management system (BES) in order to optimize energy consumption
while reducing operating burden. Adjustments are automatically made to
building controls in real-time based on variables, such as weather
forecasts, utility tariffs, demand response events, building
characteristics and occupant comfort. BuildingIQ's solution eliminates
major hurdles that corporate energy, facility and sustainability
managers face when trying to meet sustainability goals.
"The commercial building market is a demanding and rapidly evolving
sector," said Michael Zimmerman, CEO of BuildingIQ. "To be selected as a
top vendor by Groom Energy is a testament to our ability to meet the
market's needs with integrated energy efficiency and demand response
solution that minimizes financial investment and reduces the strain many
facility managers face when implementig these initiatives. We look
forward to further pushing industry standards in order to reach new
levels of customer satisfaction worldwide."
"We are impressed with the cost savings driven by the BuildingIQ
products," said Paul Baier, Vice President of Research and
Sustainability Consulting, Groom Energy Solutions. "They are able to
reduce operating costs through visibility and control of HVAC load for
large commercial buildings. Owners and operators should consider
BuildingIQ when looking for cost saving options."
For the full report, visit: http://www.groomenergy.com/orderESG.html
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 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
Recognized as a leader in its industry, BuildingIQ most recently was
named winner of the 2013
Bloomberg New Energy Pioneers Award, a 2013 Cool
Vendor in Green IT and Sustainability by Gartner (News - Alert) and listed on the 2012
Global Cleantech 100 and AlwaysOn
Going Green Global 200.
For more information, visit: http://www.BuildingIQ.com/.
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