BuildingIQ Upgrades Facility Worksite to Streamline Operational Tasks

SaaS Solution Closes the Loop on Issue Diagnosis, Ticketing, Triage and Validation with Energy-based Actionable Insights

SAN MATEO, Calif. – June 21, 2017 – BuildingIQ (ASX: BIQ) today introduces significant upgrades to Facility Worksite, a SaaS solution. Facility Worksite can be purchased as a stand-alone service or can fully integrate into BuildingIQ’s 5i intelligent energy management platform to provide a central online portal that allows users to create, manage and report on maintenance tasks. Currently used to manage approximately 16,000 work orders per month, users will now experience a fresh, uniform interface with the same look and feel as the company’s 5i platform. Users will also have the ability to use Facility Worksite for validating actions and adopt energy optimization services available from BuildingIQ. For new users, Facility Worksite will now be available in scalable subscription options giving users the ability to pick the choice that works best for them.

BuildingIQ’s 5i platform provides customers with 24/7 oversight and analytics. Facility Worksite can serve as a binding agent amongst the component services that are combined into client solutions built on the 5i platform. For instance, it serves as both a triggering and escalation tool for energy anomalies found by BuildingIQ’s network operations center (NOC). In addition to escalations and triage functionality, Facility Worksite helps ensure that completed work is validated —both from the perspective of physical completion and its impact on energy usage— to complete the analyze-diagnose-fix-validate loop essential to facility teams.

Facility Worksite features directed notifications and the ability to see the status of all activities, which can range from plumbing to HVAC and any other task that falls under a facilities manger’s purview. Built-in preventative maintenance and asset management mean that virtually any task can be created and tracked within Facility Worksite. The Facility Worksite SaaS further includes configurable escalations, user-based permissions, and automatic routing to ensure that actionable insights are addressed.

The new subscription offerings are divided into Basic and Complete packages. The complete package features asset management and the automated generation and scheduling of preventative maintenance tasks. The two packages are available at the Small Business, Medium Business, and Enterprise levels:

[an error occurred while processing this directive]Small Business: Perfect for one or a small number of sites overseen by a single, small team
Medium Business: Suited for a medium-sized organization with more sites, possibly spread across a region, overseen by many people on one or more teams
Enterprise: For the management of unlimited sites across many regions, overseen by a large number of people, usually on different teams

Facility Worksite is available from BuildingIQ sales directly; and for U.S. customers only, online at www.buildingiq.com/shop. For more information on Facility Worksite, visit
www.buildingiq.com/products/visualization/#facility-worksite.

About BuildingIQ
BuildingIQ (ASX: BIQ) helps building owners and operators worldwide lower energy use, increase building operations efficiency, and tenant comfort. The company’s 5i cloud-based platform and managed services deliver on the promise of IoT for buildings with none of the drawbacks. Approximately 75M square feet of building space is serviced by BuildingIQ. Investors in BuildingIQ include the Venture Capital unit of Siemens Financial Services, Paladin Capital and Exto Partners. www.buildingiq.com

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