Significant changes in technology are driving the building energy management system (BEMS) sector, according to a report available from Future Market Insights.
The BEMS sector, the report says, features integrated computerized solutions that enable cost-effective energy efficiency steps to be taken. The category is being propelled by rising energy efficiency standards, broader adoption of the Internet of Things (IoT) and related analytical solutions, government directives to increase efficiency and reduce greenhouse gas emissions, changing organization structures, the need to confront rising energy costs and other factors.
The forces pushing against BEMS include high implementation costs, unstable economic conditions and return on investment (ROI) questions.
The study says that the key BEMS vendors are AG, Schneider Electric, Honeywell International, Inc., Cisco, Eaton, General Electric, Johnson Controls., CA Technologies, Ecova and Cylon Controls.
There can be some difference between BEMS, energy management systems (EMS), building automation system (BAS) and other platforms. In general, however, they cover much of the same landscape. Late last month the ARC Group released a report suggesting that the Industrial Internet of Things (IIoT) will be a big driver.
xxxNew, IoT-related technologies such as advanced analytics, machine learning, and cloud platforms – in parallel with increasing social and political demand for enhanced safety, security, and environmental compliance – have led to a resurgence in demand for building management systems (BMS). However, shortcomings in many legacy BMS solutions make them incapable of efficiently fulfilling the demand for integrated building management. These shortcomings include lack of basic analytic tools, proprietary programming languages, cumbersome user interfaces, and an inability to process live data.
The idea is that the coming of age of the IIoT – a version of the IoT that eschews consumers and instead aims at the core of commercial and industrial operations – could lead to great advances in facility automation.