GE Collaborates with IR to Save Energy - Analyst Blog
GE Lighting, a division of
General Electric Company
) and Trane, a brand of
), have recently collaborated to bring a world class facility
that allows building owners to use advanced and centralized
facilities to control energy costs in commercial buildings.
Building owners and managers can now control costs for heating,
ventilation and air conditioning (HVAC) and lighting by using
GE Lighting has integrated its LightSweep Modular Lighting Control Solution into Trane Tracer's centralized building automation system (BAS) to provide users with this advanced cost-control device.
LightSweep solution comprises relay panels, field devices and software. Some of its energy-saving features are simple switching, ability to use timers for on/off schedule for indoor and outdoor lighting systems and ability to sense the occupancy of a given space.
LightSweep solutions are very user-friendly and diverse users
from small offices to large global retail outlets can upgrade
their lighting systems to control lighting costs locally.
Trane is a global provider of HVAC systems and uses its high-performing Tracer BAS to provide maximum operational and energy efficiency for building systems. The system can be easily accessed and operated from smartphones to laptops.
The combination proves to be much more efficacious, than when used separately. Building owners and managers can now use this single, user-friendly system to scrutinize and control the two largest energy consuming components for commercial buildings, namely HVAC and lighting.
Using this software, managers can now monitor their office
space (offices that use sensors) from a remote place through a
web browser to determine the frequency of use. This in turn helps
professionals decide whether the office premises need expansion
or is currently efficiently utilized.
GE Lighting is a sub-division of The Home & Business Solutions segment of General Electric. General Electric is one of the most diversified technologies and financial service corporations in the world. Its segments include Power & Water, Oil & Gas, Energy Management, Aviation, Healthcare, Transportation, Home & Business Solutions and GE Capital.
Ingersoll-Rand designs, manufactures, sells and services a range of industrial and commercial products across the globe.
General Electric currently holds a Zacks Rank #3 (Hold), while Ingersoll-Rand carries a Zacks Rank #2 (Buy). Some of the other players in the industry in which GE operates are Honeywell International Inc. ( HON ) and Macquarie Infrastructure Co. LLC ( MIC ), each carrying a Zacks Rank #2 (Buy)
GENL ELECTRIC (GE): Free Stock Analysis Report
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INGERSOLL RAND (IR): Free Stock Analysis Report
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