World : BRAINBOX AI LAUNCHES SOFTWARE TO ENABLE SELF-SUSTAINING COMMERCIAL BUILDINGS

Montreal-based BrainBox AI has announced the launch of a new product that combines deep learning, cloud-based computing and algorithms to support a self-sustaining commercial building. The company aims to redefine building automation and to be at the forefront of the green building revolution.

BrainBox AI’s solution uses artificial intelligence to predict a building’s thermal load, then enables the heating, ventilation, and air conditioning (HVAC) system to operate autonomously. Allowing HVAC systems, which the company said accounts for 51 percent of the total energy usage in commercial buildings, would lead to significant energy and cost savings, a reduction in a building’s carbon footprint, and increased occupant comfort, within a three-month timeframe.

BrainBox AI touts itself as the first AI technology designed specifically for HVAC in commercial buildings, however it offers a similar product to Parity, a Toronto-based company that recently raised $5 million CAD for its software that uses AI and deep learning to help HVAC systems run more efficiently in both multi-residential and commercial buildings. Parity claims that its software can create anywhere from 30 to 40 percent in energy savings, at least five percent more than the energy costs that BrainBox AI claims to create.

BrainBox AI said from its pre-commercialization installations it can enable a 25 to 35 percent reduction a building’s total energy costs in less than three months. The startup added that its product requires low to no upfront capital expenditure from property owners and claims to improve occupant comfort by 60 percent, and lower a building’s carbon footprint by 20 to 40 percent.

 

Source : https://betakit.com/brainbox-ai-launches-software-to-enable-self-sustaining-commercial-buildings/

Smart Grid Bulletin July 2019


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