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EU backs $100m venture capital fund for ‘Industry 5.0’ (Industry 4.0 with-a-conscience)

Zurich-based venture capital group Momenta has launched a $100 million target fund for ‘Industry 5.0’ tech – basically, for startups pushing Industry 4.0 with-a-conscience. The new fund is backed by the European Commission, which told IoT Solutions World Congress (IOTSWC) in Barcelona, where the...

MRI Software acquires Canadian building operations management software provider Angus Systems

  U.S. company MRI Software, a specialist in real estate software, has acquired Angus Systems, a Toronto-based provider of enterprise-class building operations management software for commercial real estate owners and operators. Complementing the company's existing facilities management (FM) solutions, Angus Systems expands MRI's ability to support...

JLL completes Building Engines acquisition for $300 million

  Real estate professional services company JLL announced that it has closed on its acquisition of Boston-based Building Engines, a building operations platform, the former said in a release. JLL acquired Building Engines for a cash purchase price of approximately $300 million. Building Engines? cloud platform serves...

ATAL, Schneider Electric implement BMS upgrade in Hong Kong convention center

  Hong Kong firm ATAL Engineering implemented solutions from Schneider Electric for the building management system upgrade for a premier convention and exhibition facility in Hong Kong. ?Management wanted more centralized control of real-time monitoring, plus the ability to measure, evaluate, and optimize building performance -...

Schneider Electric implements Building Management system for Hyatt Centric Jumeirah Dubai

  Schneider Electric said it has been chosen to implement a full building management system at Hyatt Centric Jumeirah Dubai. The solution, EcoStruxure Building Operation 3.0, will provide the hotel with a combined building management system and guest room management system that will control and monitor...

Johnson Controls signs partnership with Tempered Networks

  Smart buildings specialist Johnson Controls selected Tempered Networks to provide secure communications and network management for its OpenBlue services. The firm said that the new agreement will enable it to further enhance cybersecurity offerings for the company's smart buildings technology ecosystem. The agreement allows Johnson Controls...

S&I launches security and safety management system built on Microsoft Azure

    S&I Corporation, a Korean building solution provider that is part of LG Group has released its ?atxpert AI Viewer?, a new AI building security management system. The company said that the new offering is based on Microsoft Azure, TnM Tech's Ghost-I AI edge computing and...

GE Current launches new software for building management

  GE Current has announced its new Daintree Controls Software (DCS), a web-based application that allows users to monitor, troubleshoot and report on the energy performance of indoor, outdoor and industrial spaces from a single application. The firm said that the new application will enable building...

Honeywell, Nexii form strategic alliance to support sustainable building development

  Honeywell and Nexii Building Solutions (Nexii) announced the creation of a strategic alliance to further the development of buildings with a reduced environmental impact, the former company said in a release. This alliance names Honeywell as the exclusive building technologies supplier for new buildings constructed...

Three ways to prevent smart buildings from being hacked (Reader Forum)

Smart buildings ? those that deliver outstanding outcomes for all users, through digital technology, to exceed their evolving expectations ? have the power to transform the way we live, work and communicate. With the right technology at their fingertips, landlords can equip their offices...

Japan’s Azbil Corporation to develop new IBMS solutions in Singapore

Japanese firm Azbil Corporation announced that it has started developing new digital solutions for use with intelligent building management systems (IBMS), with support from the Singapore Economic Development Board (EDB). ?In recent years, as modern cities are being transformed into smart cities, solutions are being...

Honeywell announces availability of Sine solution to enable safer return to workplace

  Smart building specialist Honeywell announced the commercial launch of Honeywell Sine, a mobile solution to support organizations in their plans to return workers to buildings. From managing varying occupancy levels to pre-screening visitors before arrival, Honeywell says the new solution can help facility managers and...

HqO obtains new financing to expand global footprint

  HqO, a tenant experience operating system for commercial office buildings, announced it raised $60 million in Series C funding from leading venture capital and commercial real estate firms. Previous investors Accomplice, Insight Partners, JLL Spark, Navitas Capital, DivcoWest, Allegion Ventures, and The Pagliuca Family Office...

Smart buildings specialist 75F to take part in Google?s Climate Accelerator program

  75F has announced it has been selected to take part in Google's Climate Accelerator program. Launching in June, the three-month program will grant 75F access to Google's facilities, engineering and machine learning expertise. In a release, the firm said that this selection will accelerate the deployment...

C2MI and Honeywell implement AI-driven tech to manage building access

  The MiQro Innovation Collaborative Center (C2MI), the largest electronics systems research and development center in Canada, recently selected Honeywell for its new thermal screening and risk self-assessment process at its Bromont, Quebec, facility. C2MI is a microelectronics research center that requires 24-7 laboratory access for...

Johnson Controls announces OpenBlue Buildings as a Service offering

    Smart building solution company Johnson Controls announced the launch of OpenBlue Buildings as a Service with the aim of enabling the firm and its customers to be more agile in delivering outcome-based decisions centered around integrated data to help reach environmental stewardship goals. Through OpenBlue...

LG expands Multisite Controls Suite for building automation

    Air conditioning technologies specialist LG Electronics announced the expansion of its controls platform, LG MultiSITE. The company said that its platform allows building owners and operators to optimize their operations and efficiency, especially with Variable Refrigerant Flow (VRF) systems. LG said the new products expand...

Spacewell launches new workplace app

  Workplace technology and consulting company Spacewell has launched its new Workplace app to help employees have a "frictionless hybrid workplace experience." The app shows real-time floor plans and occupancy of different rooms and workstations across different floors, Spacewell said.?The new offering allows employees to find...

Siemens Smart infrastructure to deploy Comfy solution for Arvato?s European offices

Focus of Siemens/Comfy partnership is workplace intelligence Siemens Smart Infrastructure will rollout its Comfy workplace intelligence platform at Arvato Financial Solutions? 30 European offices, the former said in a release. Arvato Financial Solutions, a wholly-owned subsidiary of Germany-based Bertelsmann, is a European Fintech company with 7,000...

Telenor’s new subsidiary will offer IoT software, hardware for building management

Telenor hopes Bldng.ai will help it become a dominate player in Norway's smart building market Norway-based telecoms group Telenor announced the creation of a new smart building subsidiary Bldng.ai as part of its plan to become the largest provider in Norway?s smart building market. The subsidiary,...

Schneider Electric, Wattsense launch IoT offering for building digitalization

  Schneider Electric France has signed a technological partnership with Wattsense to introduce a new Building Management Systems (BMS) solution, specially designed for energy efficiency and the sustainable development of small to medium-size buildings. In a release, Wattsense said that a large majority of small and...

Honeywell secures smart building contract in Saudi Arabia

  Smart building tech and service company Honeywell has been awarded a contract for the installation of integrated building management systems across all Mouwasat Medical Services (MMS) hospitals in Saudi Arabia. The contract will enable MMS to optimize its energy usage and building maintenance across its...

Schneider Electric launches building management distributor program

  Schneider Electric has recently announced the launch of its Wholesale Building Management Distributor Program. The firm said that core building parts such as HVAC controls, valves, sensors, thermostats and switches play a critical role in the health of a building, including ensuring proper ventilation and...

Honeywell survey reveals 68% of workers do not feel completely safe in their buildings

    A majority of the global workforce (68%) does not feel completely safe working in their employer's buildings, according to a new survey commissioned by Honeywell. This number is even higher for those employees working remotely (75%), who are especially skeptical about the safety of work...