Acuity Brands (NYSE: AYI) Partners w/ Microsoft to Enable Green Building Solutions |Green Stock News
Acuity Brands Partners with Microsoft to Enable Sustainable Building Solutions Acuity Brands, Inc. (NYSE: AYI), a market-leading industrial technology company, today announced it is expanding its collaboration with Microsoft to bring new capabilities to Acuity Brands smart lighting, lighting controls, and building automation solutions. Acuity Brands has a bold goal to avoid 100m metric tons of carbon emissions as a result of projected 2020-2030 sales of LED luminaires, lighting controls, and building management systems replacing older technologies in existing buildings. By combining the power of Microsoft’s Cloud for Sustainability and Microsoft Azure IoT with Acuity Brands customer solutions, Acuity Brands and Microsoft will jointly enable end customers, operating many types of facilities and buildings, to forecast and calculate the environmental and financial impacts that these new lighting and building management technologies deliver. “We estimate that building operations contribute 28% of global carbon emissions. By developing, deploying, and operating building systems with a focus on sustainability, we can materially reduce energy usage from facilities,” said Neil Ashe, Chairman, President and Chief Executive Officer of Acuity Brands. “Together with Microsoft, our goal is to integrate foundational technologies like Microsoft Azure IoT and AI with Acuity Brands solutions that allow companies to reduce carbon emissions while saving money on operating expenses.” Acuity Brands provides industry-leading lighting and lighting controls technology. The company’s nLight® digital lighting controls platform, the Compact Pro ™ High Bay by Lithonia Lighting ®, and its other lighting and lighting controls offerings are currently deployed across 15 billion square feet of commercial real estate, including office space, retail stores, hospitals, and airports. Additionally, the Acuity Brands smart building and energy management portfolio includes the ECLYPSE ® line of edge controllers by Distech Controls® to automate building functions and energy management services such as the Atrius® Building Manager. Acuity Brands and Microsoft will collaborate to bring the Acuity Brands portfolio of applications to Azure, standardizing data ingestion and analysis via Azure Digital Twins and analysis of this data via Azure’s AI offering. Microsoft and Acuity Brands will also look to explore technology solutions that further evolve the way spaces can be evaluated, managed, and optimized in the future. View the Full Press Release: https://greenstocknews.com/news/nyse/...Green Stock News is a 21st-century broadcast media company that enhances corporate access for public companies through the distribution of news, interviews, and original content across the web and through social media.Subscribe to https://www.greenstocknews.com for Daily Green Stock News. --- Send in a voice message: https://anchor.fm/greenstocknews/message