What are the options in replacing an aging Building Management System?
A building owner needs to keep budgets in check while maintaining comfort, providing indoor-air quality, and maximizing HVAC energy efficiency. A lower-first-cost option is upgrading to a new head-end platform without replacing controllers. Replacing your current system with a new BMS can improve overall operation, communication speed, allow for greater intuitiveness, and help you adapt to the latest technologies.
The building automation equipment market grew to $5.4 billion in 2017
In 2017, global building automation equipment revenue totaled $5.4 billion, growing 3.8 percent from the previous year. More than 35 percent of revenue was invested in equipment for systems in small and mid-sized buildings under 200,000 square feet. IHS Markit anticipates this trend will accelerate between 2017 and 2021.
40 Amazing HVAC Industry Trends
Smarter technologies, robust innovations, global markets, and an increase in new building construction in the U.S. promise a very rosy future for the HVAC industry.
How heating, cooling, and ventilation systems are evolving
The speed at which HVAC systems technology is evolving has never been faster. Eco-friendly units are driving efficiency; building automation systems exert greater control; green buildings cost less to operate every year; and software is playing an ever bigger role.
Driving operational cost savings with the internet of things
Facilities maintenance has long been overlooked by proponents of the internet of things. That’s changing — and the potential savings for companies that adopt data-based operations management are enormous. Leaders who are able to both recognize and rectify this imbalance can reap significant benefits for both customers and the business.