Ingersoll Rand acquires energy usage software company
April 24, 2018
Ingersoll Rand has acquired the technology assets and intellectual property of North Carolina-based energy data analytics company, Agilis Energy.
The company uses patented, smart-metre energy analytics applications to quantify energy usage patterns. It aims to help commercial, multi-family residential and industrial sector companies achieve annual energy savings.
Agilis is used in over 3,300 buildings worldwide across 50 sectors, with a focus in commercial real estate, retail, education, healthcare, municipality, multi-family homes, hospitality, casinos, water treatment, grocery and data centres.
“Demand is high for digital solutions that help building owners measurably increase energy efficiency and address climate change,” said Donny Simmons, president of the commercial HVAC business of Ingersoll Rand. “The acquisition helps us bolster our high-growth Trane Energy Services business.”
The software powers Trane Energy Optics, which uses high interval energy and weather data to provide energy evaluations of buildings, focusing on energy use patterns and behaviours. The tool provides information about where and how a customer can reduce total building energy use. www.ingersollrand.com www.agilisenergy.com