Samsung C&T and ABB Enter into Global Agreement to Expand Smart Building Capabilities

November 15, 2023

To improve the livability and energy efficiency of large residential, commercial and multi-dwelling residential buildings, ABB Smart Buildings and Samsung C&T Corporation Engineering & Construction Group entered a new global agreement to jointly deliver integrated, holistic building automation, reliable energy distribution, and energy management solutions. This follows a separate global agreement signed with Samsung Electronics in April 2022 to drive holistic residential smart building technology through the integration of ABB-free@home® and Samsung SmartThings.

The deal signals an intention to integrate holistic building solutions, such as Samsung C&T’s Homeniq smart home platform, the ABB-free@home® system and the ABB i-bus® KNX that can significantly widen potential home and building services under one property management tool. Able to choose between the Homeniq app, the ABB-free@home® app and ABB wall panels, this will allow building residents to control all Samsung C&T and ABB smart home devices from a single user interface. Intended to meet the increasing customer demand for integrated, easy-to-use, and flexible products and solutions, the partnership is a further milestone in enabling greater energy management, lower energy costs and improved quality of life.  

The new ability to manage and monitor all energy grid systems within properties is also expected to lower connection charges by reducing power peaks and accelerate return on investment from photovoltaic (PV) equipment.

Buildings are responsible for 40 percent1 of energy consumption and for 30 percent2 of global greenhouse gas (GHG) emissions, but fast evolving technologies promise to deliver significant reductions to these levels. The new agreement with Samsung C&T will lead to further combined innovation initiatives, with a partnership on a newly enhanced property management platform a focus. Following an initial proof of concept developed earlier this year in Korea, further joint pilot projects are currently being identified in Europe, Asia and the Middle East.

1 (UNEP) https://www.euenergycentre.org/images/unep%20info%20sheet%20-%20ee%20buildings.pdf

https://www.eesi.org/topics/built-infrastructure/description

Source

Related Articles


Latest Articles


Changing Scene

  • Federal Investment to Add 989 New Montreal Homes

    Federal Investment to Add 989 New Montreal Homes

    November 18, 2024 The federal government is providing nearly $364 million to help build 989 new homes in Montreal. The announcement took place at 5200 rue de la Savane, in Montreal, which received $100 million dollars through the Apartment Loan Construction Program (ACLP) to build 303 homes and will be operated by Olymbec. This rental building, named Lynk, is designed to… Read More…

  • ABB and NIEDAX Group Announce Completion of Joint Venture with the Formation of Abnex Inc.

    ABB and NIEDAX Group Announce Completion of Joint Venture with the Formation of Abnex Inc.

    November 18, 2024 ABB completed the previously announced 50/50 joint venture with Niedax Group. The Abnex Inc. joint venture (JV) will broaden solutions and advance opportunities in the rapidly growing North American cable management market. Integrating engineering and manufacturing capabilities of ABB’s Installation Products Division with Niedax Group will enable the newly formed company to deliver a… Read More…

  • Ontario Building More Electric Vehicle Charging Stations

    Ontario Building More Electric Vehicle Charging Stations

    November 18, 2024 The Ontario government is building over 1,300 new electric vehicle (EV) charging ports in small and medium-sized communities, marking a major milestone in the province’s plan to increase access to EV chargers outside of large urban centres and support the electrification of transportation across the province. As the province continues to see… Read More…

  • Ontario Investing Over $74 Million Through Next Round of Skills Development Fund Capital Stream

    Ontario Investing Over $74 Million Through Next Round of Skills Development Fund Capital Stream

    November 18, 2024 The Ontario government is launching the second round of its Skills Development Fund (SDF) Capital Stream starting November 29, with over $74 million in available funding to build, expand and retrofit training facilities for workers in the trades, including construction, manufacturing technology and health care. The government is also investing nearly $5 million from the first… Read More…