BuildingIQ Wins $1.2M in Contracts in First Quarter

BuildingIQ Energy ManageIn the first quarter of 2014, BuildingIQ says it signed over $1.2 million in contracts and increased buildings under management by 50 percent, more than triple on a year-on-year basis.

The company says it also expanded into two new sectors, deploying its solution in nine buildings across a higher education campus and beginning work with its first public museum customer.

BuildingIQ also saw growth in existing markets, more than doubling the amount of energy (MW) under management in Las Vegas. This continues the momentum that was initiated by the 2013 partnership with NV Energy to deploy the mPowered program, which provides BuildingIQ’s energy optimization software to some of the utility’s biggest commercial customers, including several casinos and resorts.

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