Infogrid, a company specialising in building intelligence and analytics with a focus on utilising AI and data to reduce the environmental impact of the global real estate sector, has announced its acquisition of Buildings IOT’s adaptive buildings technology.
This strategic acquisition will bolster Infogrid’s capability to implement autonomous actions that optimise building efficiency, yielding substantial energy, carbon, and cost savings on a global scale. It marks a significant step in advancing the industry from mere analytics to true building automation.
The commercial real estate sector is undergoing rapid transformation, driven by the need to meet stringent net-zero targets, navigate increased regulations, manage fluctuating electricity costs and grid conditions, and adapt to evolving space usage patterns as hybrid working becomes the norm. These challenges are further compounded by widespread shortages of skilled building engineering staff, making the integration of automation and AI into building operations increasingly critical.
Infogrid and Buildings IOT have long shared a vision of revolutionising building operations through data and automation. The synergy of their technologies will provide a considerable advantage to real estate and facilities management organisations facing current market challenges.
Buildings IOT’s capabilities in automated demand management, advanced fault detection and diagnostics, and grid-interactive features will enhance Infogrid’s existing energy analytics offerings. This integration will empower building owners and operators to ensure their properties operate at peak efficiency by proactively responding to grid conditions and automating measures that reduce consumption and demand. These innovations will enable clients to realise value more quickly, maximise energy and carbon reductions while optimising costs and comfort, and reduce operating expenses—all while achieving more with fewer resources.
“This technology acquisition marks a pivotal moment in our mission to transform the built environment with technology that is as good for the planet as it is for the bottom line,” commented Kate Henningsen, CEO, Infogrid. “By integrating Buildings IOT’s adaptive buildings capabilities with Infogrid’s suite of energy data and analytics tools, we can offer our clients unprecedented capabilities in automation that help them realise energy, carbon and cost savings faster and more easily than ever before. The combined technology represents a new milestone for real estate and facilities teams seeking to reduce their environmental impact and operating budgets at scale.”
“Buildings IOT was founded with the mission to revolutionise the way buildings operate,” added Brian Turner, CEO, Buildings IOT. “Combining the Infogrid and Buildings IOT technologies will be essential in aiding the built environment’s shift to low carbon and making significant strides towards decarbonising operations.”
As part of the acquisition, 12 members of Buildings IOT’s team based in the US and Canada will join Infogrid, as the company integrates the Buildings IOT solution into its technology portfolio. Infogrid will continue to operate from its corporate headquarters in Washington, D.C. and London.
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