IoT tech will win the race to Smart Buildings, says CANDI CEO

CANDI CEO Steve Raschke tells Ken Sinclair of Automated Buildings that IoT technology is evolving rapidly; much more quickly than traditional controls industry products.

Ken Sinclair,  We talked last year about the tremendous opportunities for smart building technologies in mid-sized commercial buildings. What’s changed since then?

Steve Raschke:  Smart building solutions are accelerating into the mainstream. That’s the change we wanted to see. Early adopters like Walmart, Starbucks, Shorenstein, and Stanford, led the way; industry forums like Realcomm, CABA, AHR, and BOMA educated the market. So today we see more owner-operators aware of and interested in benefits from data-driven insights into their operations. The integrators and maintenance companies who they work with are asking how they can offer smart building services. Recently Navigant predicted that 2017 would be the tipping point; they might be right.

Sinclair:  For IoT-based solutions, what other factors are driving increased demand for smart buildings?

Raschke: IoT tech for smart buildings is evolving rapidly; much more quickly than traditional controls industry products. IoT tech will win the race to smart buildings price and pain points. IoT sensors and gateways have become more reliable, secure and cost-effective in just a couple years. Monnit, CBW, eGauge, and Advantech are among those who do IoT hardware really well. On the software side, the analytics and BI software are getting very good at making data meaningful and actionable. AEPs like Altair, Leverege, and Lucid iterate fast, are easy to deploy and are constantly improving. At CANDI, every month we release new updates to normalize, manage or secure device data. Traditional building controls companies simply can’t keep pace with all that.

Sinclair:  Sounds like a lot of options. The smart building industry has been criticized for too many fragmented solutions. How does a COO or sustainability officer choose the right one?

Raschke:  Smart buildings by definition require a growing set of varied products and services. This gives IoT-based solutions the scalable advantage. Fragmentation has been a problem, but two important developments now make it easier to choose and deploy IoT-based smart building solutions.

First, the Intel Building Management Platform (BMP) is now available to connect, normalize and secure data from a range of legacy systems and new devices, across networks and protocols in buildings (BACnet, Modbus, ZigBee, X-Bee, Z-Wave, many IP-based protocols and APIs, etc.). Intel BMP gateways solve the problem of unifying the edge.

Second, CANDI delivers edge data to best-in-class analytics and BI software. For example, Altair just released its Carriots Analytics platform, which integrates data feeds from CANDI and Intel BMP with other sources. This integration lets owner/operators acquire, analyze and visualize smart building data in a single-pane-of-glass dashboard…

Read the full story: IoT tech will win the race to Smart Buildings: interview with Steve Raschke, CEO CANDI Controls

By | November 3rd, 2017|CANDI News|0 Comments

About the Author:

Steve Raschke is the CEO and Founder of CANDI, and has over two decades of experience leading teams focused on networked data and building control systems. He has authored numerous patents, white papers and industry articles, and holds awards for innovations in control systems and electronics.