Big Data could help small buildings better manage energy, Lux Research says

The measurement and verification (M&V) industry is rapidly moving toward real-time performance tracking, and so-called Big Data, along with a proliferation of sub-metering devices, is likely to have a major role, suggests a new report from Boston intelligence firm Lux Research.
“Today sub-metering devices are now available to measure all types of building utilities, such as electricity, water, fuels, and heating or cooling input, with very high precision – but with a high cost to match,” Lux research analyst Alex Herceg said in a statement. “Still, as real-estate managers slowly adopt a data-driven approach, the demand for the devices that can deliver actionable insights will grow.”

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