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Panoramic Power working with Autodesk to collaborate on real-time facility performance, operations.

TELECOMWORLDWIRE-December 2, 2014-Panoramic Power working with Autodesk to collaborate on real-time facility performance, operations

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Panoramic Power said that it is collaborating with Autodesk 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 USD7 million.

"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.

Panoramic Power, a 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

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Publication:Telecomworldwire
Article Type:Brief article
Date:Dec 2, 2014
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