Infogrid acquires Buildings IOT’s adaptive tech

  • August 27, 2024
  • William Payne

Building intelligence company Infogrid has acquired Buildings IOT’s adaptive buildings technology. The move will enhance Infogrid’s ability to automate actions that optimise building efficiency. Infogrid aims to build on the acquisition to transition from analytics to real building automation.

Infogrid and Buildings IOT share a vision of transforming building operations through data and automation. According to Infogrid, the combination of their technologies will provide a significant advantage to real estate and facilities management organisations navigating current market dynamics.

The addition of Buildings IOT’s automated demand management, advanced fault detection and diagnostics, and grid-interactive capabilities will strengthen Infogrid’s suite of energy analytics products, helping building owners and operators ensure their properties are operating at peak efficiency by proactively incorporating grid conditions and automating consumption- and demand-reducing measures. These innovations will enable clients to see quicker time-to-value, maximise energy and carbon reductions while optimising for costs and comfort, and mitigate operating expenses – all while doing more with less.

Infogrid CEO Kate Henningsen said, “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. 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 Buildings IOT CEO Brian Turner. “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.”

12 members of Buildings IOT’s US- and Canada-based team will join Infogrid as part of the acquisition as Infogrid looks to incorporate the Buildings IOT solution into its technology stack. Infogrid will maintain its corporate headquarters in Washington, DC and London.