Wattsense has been acquired by Siemens Smart Infrastructure. The hardware and software company offers an innovative plug-and-play IoT management system for small and medium-sized buildings. This allows Siemens to expand its building automation offering. Wattsense will remain independent within Siemens.
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Wattsense: IoT solutions for more building types
Wattsense’s leading IoT solution combines interoperability and simplicity. It makes it possible to optimize the technical management of small and medium-sized buildings as well. A foundation of building management system technology is not required to implement the energy management offerings. The requirements of building professionals for sustainability and efficiency are also met.
Entry barriers kept low
Investment costs and barriers to entry are kept low by Wattsense. Customers have connectivity options for a wide range of devices, including IoT capability. The integration of devices with multiple protocols is possible without any problems. Once connected to the cloud, operation is in the software-as-a-service (SaaS) model. A wider range of property types can now benefit from the advantages of a cloud-based IoT management system for buildings. For example, these will also be accessible to offices, retail, warehouses, as well as schools.
Siemens is pleased about the perfect addition
Henning Sandfort, CEO Building Products at Siemens Smart Infrastructure, explains, “Together with Wattsense, we want to accelerate the deployment of IoT systems in more buildings and enable more people and businesses to reap the associated benefits in terms of sustainability, comfort and cost.” He adds, “Wattsense’s SaaS business model and innovative technologies are a perfect complement to our growing digital portfolio for our customers. I am delighted to welcome the talented team at Wattsense as colleagues.”
Pioneer in the digitization of infrastructures.
More than 2.3 million devices are connected to the Siemens Smart Infrastructure cloud platform. The company is a pioneer in the digitization of infrastructures. The product portfolio includes more than 150 digital applications and offerings. Siemens’ goal: In the digital sector, revenues are to be approximately doubled from today’s 700 million euros to 1.5 billion euros by 2025.
Wattsense increases opportunities in the market
The acquisition of Wattsense opens up even more opportunities for customers in the EU to comply with the EU Energy Performance of Buildings Directive (EPBD). The EPBD requires tertiary buildings to be equipped with control and automation systems designed to reduce CO2 emissions and improve energy efficiency. Wattsense’s innovative solution is currently available in 22 countries.
“Wattsense’s commitment to reducing energy demand and carbon emissions in the building sector fits perfectly with Siemens’ vision to develop technologies that advance society,” comments Louis Vermorel, founder and CEO of Wattsense. “We are thrilled to become part of a company with such a rich heritage and innovative culture, while expanding the reach as well as impact of our IoT solution,” he adds.
About Wattsense
The French startup was founded in 2017 and is based in Dardilly, near Lyon. The technology company builds IT infrastructure for real estate management. Its mission: to improve property operations and productivity for operators, as well as pave the way to a zero-carbon future for buildings. Customers include companies of all sizes that are empowered with Wattsense software and hardware to deploy applications in their facilities.
