Canadian firm Kontrol Technologies, a provider of smart building technologies, has been selected to provide its SmartSuite energy management technology in three buildings spanning more than 330,000 square feet of real-estate.
Kontrol specializes in real-time monitoring, asset optimization, data analytics, and enhanced facility management.
“We have developed our in-suite technology to solve the challenges that our customers face in terms of managing their buildings and suites,” said Kristian Lavereau, director of Smart Buildings Technology. “The ability to reduce energy waste, manage operations remotely and reduce greenhouse gas (GHG) emissions in real-time gives our technology an important advantage, as we deliver value to our customers.”
“Following a review of the marketplace, we selected Kontrol and their SmartSuite technology to help us control, manage and reduce in-suite heating costs in three of our multi-unit residential properties in Ontario,” said Jason Ashdown, co-founder & chief sustainability officer, Skyline Group of Companies. “Heating costs are a significant expense as well as a leading source of GHG emissions. With SmartSuite providing intelligent sensors and cloud access to in-suite settings, our operating team can monitor energy usage in real-time and help to reduce waste and lower GHG emissions. Skyline has always had a strong focus on sustainability. This partnership is the next step in providing a better standard of living for our tenants, staff, and investors while reducing our environmental impact.”
The SmartSuite installations will commence and be completed in the last quarter of the year. Over a period of 10 years, it is anticipated that the SmartSuite technology will deliver approximately 2,882,850 kilowatt-hours in energy savings and approximately 2,000 tonnes in GHG emission reduction, Kontrol Technologies said.
“We are excited to welcome the Skyline Group of Companies to the Kontrol platform as we continue to deliver innovative technology to reduce energy waste and corresponding GHG emissions,” said Paul Ghezzi, CEO of Kontrol Technologies.
In August, Kontrol Technologies announced the completion of the acquisition of Global HVAC & Automation.
The firm said that Global’s service offering complements Kontrol’s existing product portfolio, adding that the combination of the two is expected to create significant growth opportunities over the coming years.
Global has traditionally focused on larger projects, with one-time project revenues. A small percentage of its overall business is in recurring service and asset maintenance. Global will operate as a subsidiary of Kontrol with its current management team in place. Kontrol said it will seek to grow Global’s recurring revenues through vertical integration with its current software and ongoing service agreements.
Kontrol’s SmartSite platform integrates into building automation systems and provides a data analysis, reporting and smart learning algorithms to drive improvements in overall energy management and sustainability. Kontrol previously said it will integrate its facility management with the Global project platform to drive software revenues.