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BuildingIQ Sets Sights On Asian Market With $14 Million IPO

Date: 07 March 2016

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6 pages

EXECUTIVE SUMMARY

In December 2015, BuildingIQ, a US-headquartered building energy management software and services firm, completed an initial public offering (IPO). BuildingIQ, valued at $85 million ($59 million) after listing, provides analytics through its software and services solution which enables commercial building owners and operators to model and optimize HVAC operations to reduce energy costs (see Verdantix Green Quadrant Building Energy Management Software (Global)). This report helps executives, such as Directors of Energy, Facilities and Real Estate, and Heads of Strategy to understand BuildingIQ’s strategy following its public listing. Verdantix analysis finds that BuildingIQ’s public valuation, in the current market turbulence, can be a balm for other software and services firms pursuing a niche specialization.

TABLE OF CONTENTS

BuildingIQ Sets Sights On Asian Market With $14 Million IPO
IPO Positions BuildingIQ To Pursue Asia-Focused Expansion
BuildingIQ Seeks To Get Ahead Of Changing Asian Energy Market Trends
BuildingIQ Tailors Strategy To Target Facilities Optimization
BuildingIQ’s Valuation Will Be A Balm To Other Energy Software CEOs

ORGANIZATIONS MENTIONED

Alstom, Aster Capital, Australian Securities Exchange, BuildingIQ, Centrica, Commonwealth Scientific and Industrial Research Organization, DEXMA, Direct Energy, Energy Action, Exto, International Energy Agency, KTM Captial, Manalto, Paladin Capital Group, Panoramic Power, Schneider Electric, Siemens, Siemens Venture Capital