U.S. glass-manufacturing company View announced the acquisition of IoTium, a provider of cloud-managed, software-defined IoT networks.
IoTium’ solutions enable building owners to achieve enterprise-grade security, reduce operating costs, and gain real-time visibility into their entire real estate portfolios, View said.
“View’s smart building platform makes it easy to securely deploy a wide variety of smart building applications,” said Nitesh Trikha, chief product officer at View. “IoTium’s edge-cloud solution makes the deployment process even easier, especially in existing buildings with legacy networks and systems. It is the most reliable, easiest-to-deploy and most economical solution to implement enterprise-grade security and a converged edge infrastructure in buildings. Incorporating this into View’s smart building platform will accelerate the digital transformation of real estate.”
View noted that real estate owners recognize the need to make their existing buildings secure and smart but they face several challenges to upgrade legacy networks. The firm said that IoTium solves this challenge, as the company’s edge-cloud solution works with both new and existing operations technology (OT) networks and also reduces operational costs by virtually eliminating on-site service visits.
IoTium’s solution is currently deployed in over 800 buildings at several Fortune 500 clients.
“Kilroy easily deployed IoTium’s solutions across our entire portfolio,” said Khanh Nguyen, vice president of IT at Kilroy Realty Corporation. “IoTium provided us with a plug-and-play, highly secure, unified infrastructure for all of our smart building applications, streamlining our day-to-day engineering tasks and reducing network operating costs by 75%. We look forward to working with View to make our buildings even smarter, healthier and more energy-efficient.”
“We are thrilled to join View and are excited by View’s mission to reimagine the human experience in buildings, mitigate climate change and make buildings smarter,” said Dhawal Tyagi, co-founder & CEO of IoTium.
View Smart Windows use artificial intelligence to automatically tint in response to the sun, eliminating the need for blinds and increasing access to natural light. Every View installation includes a cloud-connected smart building platform that can easily be extended to improve indoor cellular coverage and enhance building security. View is installed and designed into 75 million square feet of buildings including offices, hospitals, airports, educational facilities, hotels and multi-family residences.