BuildingIQ has partnered with Cypress Envirosystems, a company that provides electro-pneumatic thermostat solutions to retrofit existing commercial buildings and industrial facilities, to improve productivity and save energy. As a value-added reseller of Cypress Envirosystems, BuildingIQ is combining its predictive optimization with Cypress Envirosystems’ advanced thermostats. The two organizations will work to equip older buildings with AI-driven solutions to provide greater system insight and control, leading to improvements in tenant comfort and energy efficiency. On average, this collaboration will enable older buildings to reduce electrical energy usage by 30 percent, ultimately increasing the market value of these structures.
“There is a common misconception that some buildings will never be able to capitalize on solutions that are enhanced by the IoT and big data – Digital Twins,” said Harry Sim, CEO of Cypress Envirosystems. “Teaming up with BuildingIQ, we hope to eliminate this belief and bring the energy optimization mindset to facility managers in older buildings to share how visualization and data analytics can result in real savings.”
The partnership between BuildingIQ and Cypress Envirosystems expands the market for closed loop Predictive Energy Optimization (PEO) to older building stock that are currently using pneumatic thermostats. BuildingIQ’s PEO reduces consumption at the whole building level by as much as 10 percent, while improving comfort and eliminating operational waste.