LEE’S SUMMIT, Mo., Feb. 4 , 2014 /PRNewswire-iReach/ — Panoramic Power, the leading provider of device level energy management solutions, and Connexx Energy a premier developer and provider of ‘last mile’ solutions for Smart Buildings and the Smart Grid, today announced a partnership to deliver a complete, fully integrated energy and operational efficiency solution for REIT (Real Estate Investment Trust) buildings.
About Panoramic Power: Panoramic Power is the leading provider of circuit level energy management solutions – enabling businesses to optimize their energy consumption, improve operational efficiency and generate income through load response programs. Using its innovative and affordable circuit-level cloud-base analytics solution, companies across a wide range of retail and commercial industries gain insight into their energy usage and are able to optimize operations, processes and maintenance resources. For more information, visit www.panpwr.com
About Connexx Energy: Established in 2010 as a subsidiary of Lynxspring, Inc., Connexx Energy is a leading developer and implementer of ‘last mile’ solutions for Smart Grid and Smart Building technologies. Connexx Energy has significant knowledge, expertise and relationships in both building automation systems and energy management systems, which enable it to create cost effective and highly scalable connectivity solutions in four key strategic areas, Energy Interoperability, Management and Control, Automatic Demand Response and Cyber Protection. For more information, visit www.connexxenergy.com
The two companies will combine Panoramic Power’s innovative circuit level energy management solution with Connexx Energy’s CONNEXXION™ energy data platform. This approach delivers complete energy interoperability, management and control, automatic demand response and actionable data and analytics into a single system that manages energy data across the building enterprise within a cyber-secured environment.
The joint solution brings together device level energy management technology, an energy data warehouse and analytics engine framework that streamlines the secure integration and creation of energy data and actionable insights into the corporate business intelligence layer. This will enable REIT companies to improve efficiencies and lower total cost of ownership by providing device level energy visibility and actionable information while integrating existing energy management solutions and sending all energy data through one, integrated platform.
“The accuracy and quality of the data available from our joint solution is far superior to what has been available to REIT companies in the past. We are eliminating multiple, disparate energy solutions that organizations must manage by integrating all energy data into one dashboard,” said Yaniv Vardi, CEO of Panoramic Power. “Panoramic Power’s wireless device level data, coupled with the Connexx Energy’s CONNEXXION energy management platform finally enables REIT companies to streamline data and provide them with unmatched visibility into their entire energy landscape for a more cost effective operation.”
“Connexx Energy is committed to working-hand-in-hand with complementary technology providers in order to deliver cost effective and highly scalable energy management solutions,” said Anno Scholten, president of Connexx Energy. “Our goal is to offer our clients the most comprehensive technology needed to not only reduce and control energy consumption, but also to manage and report on energy usage in the most effective way. Our joint solution with Panoramic Power delivers REIT companies the first cost effective energy efficiency solution that easily integrates with other energy management solutions, allowing them to import all energy data through a single platform.”
Media Contact: Marc Petock, Connexx Energy, (866) 665-8570, marc.petock@connexxenergy.com
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