Panoramic Power and Autodesk to Collaborate on Joint Development of New Breed of Applications for Real-time Facility Performance and Operations

Autodesk also Leads Financing Round with Investment in Panoramic Power

NEW YORK, December 1, 2014 — (PRNewswire) —

Panoramic Power, the leading provider of wireless, self-powered device-level energy management solutions, announced today that it is collaborating with Autodesk, a global leader in 3D design and simulation software, on joint product development that combines Panoramic Power's device-level energy platform with Autodesk's cloud-based Building Information Modeling (BIM) portfolio. Autodesk has also made a strategic investment in Panoramic Power, leading an investment round that includes participation from existing investors totaling $7 million.

An increasing number of firms are shifting to centralized global energy management strategies and are placing energy data management as a strategic asset with across-the-board company objectives. The technology collaboration between Panoramic Power and Autodesk will allow customers to reduce operational costs by improving asset utilization, identifying operational inefficiencies in their sites and equipment, and shifting from reactive to predictive maintenance. These advanced capabilities go beyond the building design and construction phase - utilizing Panoramic Power's cloud-based analytics engine to detect anomalies in energy usage and alert the facilities team about excess energy consumption or issues that could lead to equipment failures. Energy efficiency reports with detailed recommendations help minimize peak loads, benchmark equipment to identify operational inefficiencies, verify the expected ROI from investment in new equipment and drive behavior change by tenants.

"Forward-thinking commercial and industrial building owners and operators are beginning to think and act proactively to effectively manage their facilities and systems. We're very excited to join with Panoramic Power and collaborate to develop solutions that leverage BIM and will help maximize building performance," said Amar Hanspal, Autodesk SVP of Information Modeling and Platform Products.

"Through our collaboration with Autodesk, we will deliver solutions that define a new way of proactively managing facility operations," said Yaniv Vardi, CEO at Panoramic Power. "As the leading software company in the building industry, we are pleased by Autodesk's vote of confidence in our ability to deliver scalable solutions that will enable customers to optimize energy consumption to improve facility and systems operations".

About Panoramic Power 

Panoramic Power, the leading provider of device level energy management solution, enables businesses to optimize their energy consumption and improve system level performance and facility operations. Using an affordable real-time wireless sensor technology and a cloud-base analytics solution, companies across a wide range of industries gain critical and continuous insights into their energy usage and are able to optimize operations, processes and maintenance resources.

For more information, visit http://www.panpwr.com

Media Contact:
Jon Rabinowitz
Panoramic Power
Email Contact 
+1-646-794-4240

SOURCE Panoramic Power

Contact:
Panoramic Power




Review Article Be the first to review this article
Trimble

Harris

Jobs
Geospatial Systems Administrator for BAE Systems Intelligence & Security at arnold, MO
Geospatial Analyst - Senior for BAE Systems Intelligence & Security at Springfield, VA
Senior Mechanical Engineer for BAE Systems Intelligence & Security at Arlington, VA
Mechanical Design Engineer 3 for KLA-Tencor at Milpitas, CA
Sr Mechanical Design Engineer for Medtronic at mounds view, MN
Urban Designer - Urban Design/Planning for SERA Architects, Inc at Portland, OR
Upcoming Events
Geospatial World Forum 2018 at Hyderabad International Convention Centre Hyderabad India - Jan 16 - 19, 2018
2018 Annual Convention of Virginia Association of Surveyors at 24 S. Market St Staunton VA - Jan 18 - 20, 2018
ArcGIS: Introduction at Environmental and Natural Resource Building 14 College Farm Rd New Brunswick NJ - Feb 1 - 22, 2018
International LiDAR Mapping Forum at Hyatt Regency 650 15th Street, Denver CO - Feb 5 - 7, 2018
Teledyne Optech
CADalog.com - Countless CAD add-ons, plug-ins and more.



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise