Yokogawa Partnering with Green Koncepts to Extend Energy Management to the Enterprise Segment

By Shin Kai

Acquisition or Partnership

Yokogawa Electric Corporation announced the launch of a cloud-based solution that provides centralized energy management for the enterprise segment.  The development of this solution was made possible by the signing of a global partnership agreement with Green Koncepts, a Singapore-based IoT energy management solutions provider.

Green Koncepts is a Cloud IoT platform and solutions company optimizing workspaces for people, business and the environment through the power of innovation, digital technology and big data.  The partnership with Green Koncepts enables Yokogawa to offer an IoT-based enterprise energy optimization solution for building and facilities management.  It delivers real-time monitoring and AI-driven data analysis.

The new solution extends the Yokogawa's energy management capabilities from industrial facilities to the enterprise market, for use with buildings, such as data centers and offices.  In addition to managing the energy consumption of utilities, this solution provides functionality for the management of lighting, air quality, and occupancy.

The new enterprise solution connects sensors, meters, controllers, building management systems, and other IoT devices through an interoperability framework.  The cloud-based solution aggregates and analyzes all energy-related data and helps energy managers identify underperforming facilities and processes, and monitor continuous performance improvement.

Engage with ARC Advisory Group