INTERNATIONAL COAL NEWS

Energy software takeover creates new suite

ENERGY management software company BuildingIQ Has acquired the Energy WorkSite and Facility WorkS...

Lou Caruana

The Energy WorkSite application is a sixth-generation monitoring and data analytics software toolkit that allows commercial and industrial facilities to accurately track and benchmark energy use.

It serves as a critical tool that enables facility owners, operators and energy service companies to verify savings from energy efficiency measures, while also helping utilities to better manage generating capacity.

The Facility WorkSite application is a low cost management platform for facilities that provides work order management, preventative maintenance and asset performance reporting services.

Through this agreement BuildingIQ adds an additional presence based in Minneapolis, Minnesota extending its reach in North America.

Currently, the Energy and Facility Worksite applications have a total of more than two hundred customers with an average contract tenure of nearly seven years and over four thousand end users.

This includes significant energy utilities under re-seller agreements. In addition, the EIMS platform processes more than twenty thousand transactions per month.

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