BuildingIQ Strengthens New Construction & Retrofit Capabilities for Smart Buildings with Buildingsense Acquisition

5i cloud-based commissioning documents building complexity in central knowledge repository

SAN MATEO, Calif. – September 19, 2018 – BuildingIQ (ASX: BIQ) has reinforced its technology-enabled service offerings for the new construction and retrofit sector by acquiring Australian greenfield partner Buildingsense. Together the two companies have provided intelligent building services for more than 30 buildings across Australia, including the Melbourne Hotel, Cockburn Operations Centre, and Flinders Centre Bankstown. This experience combined with BuildingIQ’s 5i Platform of technology-enabled services for new Building Management System (BMS) and retrofit projects translates to lower costs and increased efficiency throughout the build process.

BuildingIQ data-enabled optimization services for the new BMS and retro-commissioning market ensure zero energy intensity drift, capture and catalog deep system knowledge and maintain a high-level of operational, comfort, and energy optimization. By pushing data storage, analysis, diagnosis, and asset information into the cloud, BuildingIQ creates a central knowledge platform that minimizes much of the risk and guesswork of implementing a BMS or major retrofit project. BuildingIQ 5i services for the greenfield and retrofit market include full, life-cycle project management, work order and asset management, data-driven testing and commissioning, and Outcome-based Fault Detection throughout the defects and liability phase (DLP) of a building’s launch. Exiting DLP, buildings can transition to full-time predictive energy optimization with minimal additional requirements.

For more details on the Buildingsense acquisition, please visit: https://bit.ly/2o3Yu2d

[an error occurred while processing this directive]About BuildingIQ

BuildingIQ (ASX: BIQ) helps building owners and operators worldwide lower energy use, increase building operations efficiency and enhance tenant comfort. The Company’s 5i cloud-based platform and Managed Services deliver on the promise of Internet of Things (IoT) for buildings with none of the drawbacks. Over 115M square feet of building space is currently under management with BuildingIQ.

www.buildingiq.com

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