• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • RCR Wireless News
  • Enterprise IoT
  • Editorial Calendar
  • Advertise
  • Webinars
  • Reports
  • White Papers
  • Subscribe

In-Building Tech

Connecting CRE building technology buyers with CRE tech sellers

720×90

  • Industry
    • Office & Commercial
    • Data Center, Network Hotels
    • Government
    • Healthcare
    • Higher Ed
    • Hospitality
    • K-12
    • Laboratory & Scientific
    • Manufacturing
    • Multi-Family
    • Transportation: Airports, Rail, Ports
    • Smart City
    • Stadiums, Arenas, Venues
  • Tech
    • Drones
    • AI-Machine-Learning
    • Wi-Fi
    • Augmented Reality
    • IoT (platform, gateway)
    • Networks
    • 5G Resources
    • Microcontrollers
    • Microprocessors
    • Data Analytics
    • Wired Networks, Fiber
    • Wireless (Cell, DAS, BDA, Repeaters, Boosters)
    • Positioning, GPS, Navigation
    • Security
    • Sensors
  • Systems
    • Energy
    • Lighting
    • HVAC
    • Security
  • Functions
    • Automation
    • Building Management
    • Construction
    • Asset Management (EAM)
    • Materials
    • Maintenace (MRO)
  • Smart Buildings
  • News & Event Coverage
  • In-Building Wireless
  • About In-Building Tech
  • Qualcomm 5G Insights
You are here: Home / Asset Management (EAM) / Aquicore acquires Entic to expand reach in CRE asset management market

Aquicore acquires Entic to expand reach in CRE asset management market

March 29, 2019 by Juan Pedro Tomás

 
building management

Florida-based Entic specializes in the provision of prescriptive analytics solutions

U.S.-based commercial real estate software company Aquicore has announced the acquisition of compatriot firm Entic, which specializes in prescriptive analytics solutions that generates targeted recommendations to drive peak utilities and facilities performance for commercial assets.

With the acquisition, Aquicore said it begins to consolidate the fragmented proptech market.

“I couldn’t be more excited about the merging of these two teams. Together, we will propel the proptech industry forward, giving the commercial real estate industry a powerful solution unlike any it’s ever seen. When experts look back at the evolution of this market, the combining of Aquicore and Entic will be a milestone,” said Aquicore founder and CEO Logan Soya.

Following the acquisition, Aquicore said that Entic’s prescriptive analytics and building recommendations will be made available through Aquicore’s mobile application and cloud-based platform that provides portfolio-wide visibility, utility budget tracking and tenant billing tools. Moreover, the addition of Entic’s technical capabilities expands Aquicore’s software offering and launches the company into the hospitality vertical, the company said.

“The Entic and Aquicore teams offer an incredibly complementary set of skills that will really change this industry for the better now that we are working in unison,” said Carlos Diaz, co-founder of Entic.

“At a time when the commercial real estate industry is being exposed to new technologies like digital twins, artificial intelligence and IoT applications, we are at a critical moment where a historically slow-moving industry is making real strides into the future of asset operations. To stay competitive, asset managers must continue to demand more information, more data, and more tools to create operational excellence across their portfolios,” Soya said in a blog post.

“To meet these demands, we are building a powerful platform that helps our real estate clients work more effectively. We will continue to invest in machine learning and technology that provides data centralization and actionable recommendations to our clients. This necessitates bold innovation and close collaboration with our customers and partners; and in particular, it will require the continued passion of the talented individuals that make up the newly combined Aquicore team.”

The joint company is backed by institutional investors in real estate technology, including The Blackstone Group, ClearSky, Navitas Capital, Normandy Real Estate Partners and Fifth Wall Ventures.

Aquicore’s cloud-based platform tracks, analyzes and predicts key building performance factors in real time to unlock portfolio-grade actionable insights. The Aquicore platform is currently deployed at more than 700 office buildings nationwide, including the John Hancock Tower, Salesforce Tower, National Press Building, Promenade and NASCAR Plaza.

Aquicore’s clients include Cushman & Wakefield, JBG Smith, Lincoln Property Company, MRP Realty, Under Armour, Facebook, and The World Bank.

 

Related

Filed Under: Asset Management (EAM)

About Juan Pedro Tomás

Juan Pedro covers Global Carriers and Global Enterprise IoT. Prior to Arden Media Company, Juan Pedro worked for Business News Americas, covering telecoms and IT news in the Latin American markets. He also worked for Telecompaper as their Regional Editor for Latin America and Asia/Pacific. Juan Pedro has also contributed to Latin Trade magazine as the publication's correspondent in Argentina and with political risk consultancy firm Exclusive Analysis, writing reports and providing political and economic information from certain Latin American markets. He has a degree in International Relations and a master in Journalism and is married with two kids.

Contact Juan Pedro at [email protected]

Primary Sidebar

Sponsors

Search

300×350

300×100

CommScope forsees CBRS taking shape

Categories

Top Posts & Pages

  • In-Building Tech: Technology Insights for Commercial Real Estate Professionals
    In-Building Tech: Technology Insights for Commercial Real Estate Professionals
  • How to use AI and ML to create a smart building
    How to use AI and ML to create a smart building
  • 3 things to consider when implementing a building automation system (BAS)
    3 things to consider when implementing a building automation system (BAS)

RSS Enterprise IoT Insights

  • T-Mobile US accelerator focuses on 5G AR experiences for smart glasses
  • IPv6 over LoRaWAN is go – LoRa Alliance promises new sectors, new apps
  • MachineQ launches hybrid BLE and LoRaWAN solution for indoor asset tracking

Recent Posts

  • Honeywell invests in RapidSOS emergency response data platform
  • ‘Buildings have to be programmable,’ says Cisco’s smart building lead
  • View to install smart windows at Skanska office project in Seattle

Archives

Tweets by InBuildingTech
  • RCR Wireless News
  • Enterprise IoT
  • Editorial Calendar
  • Advertise
  • Webinars
  • Reports
  • White Papers
  • Subscribe

Copyright © 2022 • Arden Media Company, LLC

 

Loading Comments...
 

    This site uses cookies to improve and personalize your experience and to display advertisements. This site may also include cookies from third parties. By using this site you consent to the use of cookies.AcceptPrivacy Policy