AE Smith have become a key Australian strategic partner of BuildingIQ, the unique “pay as you go” energy management solution that predicts and optimises energy use in commercial buildings, resulting in significant energy savings for building owners and their tenants.
AE Smith have become a strategic partner of BuildingIQ in the Australian market, offering existing and new clients a virtually risk free solution to help reduce their HVAC energy usage by between 10% and 25%.
Originally developed by Australia’s own CSIRO, The BuildingIQ software suite is the leading energy management system that can intelligently predict and optimise energy demand in commercial buildings.
Peter Ferguson, AE Smith’s General Manager of Building Technologies said of the partnership announcement, “We’ve been helping our customers improve the energy efficiency of their building for years. BuildingIQ is another smart tool that helps us to keep on delivering these results.”
With HVAC representing the biggest single use of energy in most commercial buildings, optimising HVAC operation can result in large cost savings. BuildingIQ achieves these savings by continuously monitoring inputs including weather, occupancy, demand response events and energy prices, with all data compiled in a dynamic model. Complex computational algorithms then inform incremental adjustments to temperature and pressure via direct communication with the existing building management system (BMS). This is all achieved with minimal, if any, human interaction.
Roy Arindam, BuildingIQ’s National Director of Sales commented on the partnership agreement, “The combination of our leading predictive optimisation technology and
AE Smith’s engineering expertise and size in the Australian market will help many building owners save a lot of money on energy and ensure tenant comfort.”
BuildingIQ is sold as a monthly “pay as you go” subscription. It requires no mechanical infrastructure upgrades or upfront capital expenditure and is generally cash flow positive within the first year. Reducing energy waste in both new and existing buildings, BuildingIQ has proved effective across a broad range of commercial building uses around the world, including offices, government, shopping centres and hospitals.
Roy Arindam comments on BuildingIQs performance record, “When BuildingIQ is installed, we see immediate reductions in energy use, with buildings recording between 10-25% HVAC energy savings annually. With no upfront investment, and only weeks to install, there is virtually no risk for building owners to implement the software.”
In addition to the huge energy savings, BuildingIQ has proven it can reduce a building’s carbon footprint and improve its sustainability score by up to a full NABERS point.
AE Smith’s National Sustainability Engineer, David Odd, is an advocate of predictive optimisation, seeing it as a necessary part of maintaining a building’s NABERS Energy rating. David comments “NABERS is a performance based rating scheme, which means you need to constantly review and optimise your HVAC systems to maintain your NABERS rating. BuildingIQ is a smart, risk free product that will help our clients keep their NABERS rating and maximise their rental return.”
AE Smith is currently delivering a range of building services and energy efficiency solutions around the country. With its ability to forecast energy requirements, factor for energy prices and keep tenants comfortable, BuildingIQ is a powerful new tool that will help AE Smith help its customers achieve even greater energy savings long into the future.
For further information contact Peter Ferguson, General Manager, AE Smith Building Technologies on 0411 698 338 or email firstname.lastname@example.org
AE Smith: AE Smith is a BRW Top 500 Private Company with a team of more than 700 people in 9 offices throughout Australia. AE smith delivers practical solutions in air conditioning, building services, energy efficiency and onsite power. Established in 1898, AE Smith remains proudly 100 per cent Australian owned and operated.
BuildingIQ 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 Optimization™ technology, BuildingIQ’s cloud-based solution is powering energy and operational 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 Financial Services (SFS VC), Paladin Capital and the Energy Division of the Commonwealth Scientific and Industrial Research Organisation (CSIRO).
Recognized as a leader in its industry, BuildingIQ most recently was named winner of the 2013 Bloomberg New Energy Pioneers Award, Fierce Innovation Awards’ “Best in Show”, a 2013 Cool Vendor in Green IT and Sustainability by Gartner and listed on the 2012 Global Cleantech 100 and AlwaysOn Going Green Global 200.
Katie Blair, Vantage PR for BuildingIQ
1 (407) 767 0452 ex229 email@example.com