June 2020 |
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ABB’s Cylon Acquisition Accelerates drive to “holistic digital offering” for building automation |
Melissa London Zingle Electrification Media Relations Manager, U.S. https://new.abb.com/us |
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The
North American building automation market is estimated to reach $40
billion by 2022, with that total split roughly 70/30 between commercial
and residential buildings. Those segments are growing at a CAGR of 9.7%
and 8.7% respectively, so it’s not surprising that suppliers are
focused on building out their offering.
ABB, a leader in smart building technology, has continued a commitment
to writing the future of safe, smart, and sustainable electrification
in smart buildings. With the acquisition of Cylon Controls in March of
2020, ABB Cylon is now a powerhouse in the smart building
vertical.
“Cylon is an industry leader in the development and delivery of smart
energy management, and heating, ventilation, and air conditioning
(HVAC) control systems, that fits perfectly in the overall ABB
buildings solutions offering. ABB will be able to offer our customers
in the US a full solution in building energy control and management, ”
explains Michael Lotfy, Senior Vice President of ABB Building Solutions
in the US. “The acquisition reinforces ABB’s position in the smart
building sector.”
The acquisition of an established global organization with a proven
business model, market share and existing portfolio was important to
ABB.
Cylon brings a new range of products to ABB that includes HVAC controls
and building energy management systems and will open opportunities to
serve the global market in the smart building ecosystem. In unison, the
acquired Cylon system integrator base in North America will offer ABB
the opportunity to synergize with the recent acquisition of GE
Industrial Solutions, combining HVAC and energy distribution and
control products and solutions.
With the addition of Cylon Controls, ABB’s system integrators, partners
and end-users will gain a comprehensive, world-class building
automation portfolio that includes an expanded sales force, global
coverage, and an extended product offering.
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Through the acquisition ABB also acquired the Cylon Controls Multisite
Retail business allowing digitalization across a wide stretch of Smart
Building portfolios. Through the Multisite Retail Energy Management
Solution, retailers can reduce energy consumption by as much as 30% or
more, optimize store operations, and provide detailed reporting for all
aspects of store operations.
ABB is quickly integrating Cylon Controls with its existing smart
building portfolio. The company expects Cylon’s ASPECT® Energy
Management System to be folded into the ABB AbilityTM Electrical
Distribution Control System by the end of 2020.
"Portland Mechanical, a division of JH Kelly, is excited about the
acquisition" reports Jason Johnson, HVAC Service Manager. "We are
focused on the future and we see the potential ABB brings to our
existing Cylon relationship. The ABB brand is very well
recognized by the engineers in our area, which should help open some
doors for HVAC controls".
With the acquisition of Cylon Controls, ABB now more than ever,
leverages smart building solutions to enable real-time data,
operational analytics, and integrated applications for a more
sustainable, efficient and intelligent management of buildings. Through
intelligent air-conditioning, heating and, emergency lighting, ABB
Cylon makes greater energy efficiency and increased security easier
than ever.
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