Market News
Recent Developments
New product launches
- On July 7, 2021, Johnson Controls, multinational conglomerate headquartered in Cork, Irelan launched OpenBlue Net Zero Advisor, a digital platform providing data-driven insights to help hospitals develop net zero roadmaps. The tool analyzes energy usage and emissions to identify decarbonization opportunities.
- In April 2022, Schneider Electric SE, is a French multinational company that specializes in digital automation and energy management introduced EcoStruxure for Healthcare, an IoT-enabled system optimizing energy efficiency, power reliability, and thermal comfort in healthcare facilities. It employs cloud analytics, mobile apps, and sensor networks for sustainable operations.
Acquisition and partnerships
- In January 2021, Johnson Controls acquired OpenBlue, an AI-powered connected solutions platform, to expand capabilities in optimizing sustainability, safety, and efficiency across healthcare facilities.
- In November 2020, Philips, is a Dutch multinational conglomerate corporation acquired BioTelemetry, a provider of remote cardiac diagnostics and monitoring, to enhance its connected care capabilities including telehealth and healthcare informatics for delivering climate-resilient care.