Here’s a noteworthy revenue figure to attach to the ill-defined and still-imaginary “internet of things” — $99 per endpoint per year in energy savings.
That’s the average amount that Steve Dixon, executive vice president of Regen, says the Toronto-based startup’s technology can squeeze out of every rooftop air conditioner it equips with its “swarm logic” control system. So far, Regen has delivered these savings by retrofitting rooftop AC units with its wirelessly linked control units, which interact on the fly to shave an average 17 percent from customers’ annual energy and demand charges.
But under a partnership announced Monday with internet-of-things technology startup Ayla, Regen won’t have to go do that hardware retrofit anymore. Instead, it’s virtualized that swarm logic to be uploaded, or simply turned on, for devices linked via Ayla’s software, which manages each customer’s myriad networking and data management tasks from the device level to the cloud.