PhotonStar to show off new building management systems in Vegas

Josh White Sharecast | 20 Mar, 2017 13:06 | | |


Photonstar LED Group


09:10 28/04/17
  • 5,844.98
  • 0.51%29.75
  • Max: 5,861.58
  • Min: 5,790.34
  • Volume: 0
  • MM 200 : n/a
09:10 28/04/17
  • 961.67
  • -0.02%-0.17
  • Max: 962.15
  • Min: 961.44
  • Volume: 0
  • MM 200 : n/a
09:10 28/04/17

British designer and manufacturer of intelligent lighting and building control solutions, PhotonStar LED Group, announced on Monday that it was participating in the IBM InterConnect 2017 Cloud & Mobile Conference, between 19 and 23 March in Las Vegas.

The AIM-traded firm also announced the commercial availability of the ‘halcyon’ ‘cloudBMS’ product from 1 April.

At IBM Interconnect 2017, the company said it would be presenting a talk outlining the key features of ‘cloudBMS’, a new cloud based solution that it said delivered an ‘Internet of Things’-based “building management system as a service”.

It said the new solution was built on the second generation of its low -cost retrofittable wireless monitoring and control platform, ‘halcyonPRO2’.

The new ‘halcyonPRO2’ added regulation of heating and cooling, shading and power management to the lighting control and environmental sensor network already in use in the first ‘halcyon’ product.

‘CloudBMS’, ‘halcyonPRO2’ and cloud based analytics were combined to deliver a capable, scalable and secure building management system as a service solution, PhotonStar’s board explained, at a price point that would enable owners of small-to-medium sized businesses to reduce energy and operating costs and realise new insights into their operations.

One of the key features of ‘cloudBMS’ was the sharing of device data with asset management software packages such as IBM asset management packages ‘Tririga’ and ‘Maximo’, it added.

The paid trials for ‘halcyonPRO2’ and ‘halcyon’ ‘cloudBMS’ were still under evaluation by customers, with several new trials being installed during the fourth quarter, as announced in PhotonStar’s trading update on 30 January.

Currently there were nine trial customer sites enabled with ‘cloudBMS’, and the group said it would make further announcements regarding the trials as appropriate.

“We are delighted to be participating in this prestigious event,” said CEO James McKenzie.

“PhotonStar's ‘halcyonPRO2’ and now ‘cloudBMS’ have an exciting role to play as a secure, scalable platform for real world commercial ‘Internet of Things’ applications in building management.

“Ongoing trials of ‘halcyon’ and the ‘cloudBMS’ product remain the focus of the group's future growth strategy,” Dr McKenzie added.

More news

09:19 UK consumer confidence worsens again in April - GfK

UK consumer confidence worsened slightly in April due to worries about rising inflation and flat wages.

08:58 Ultra Electronics remains confident despite US funding delays

Ultra Electronics said the expected improvement in trading from the new US government continued to be delayed as Federal budgets were negotiated.

08:41 RBS swings into first quarterly profit since 2015

Royal Bank of Scotland broke into the black in the first quarter of 2017, the first quarterly profit since 2015 as income, costs and margins all improved.

09:01 UK house prices fall again in April, says Nationwide

UK house prices have fallen for the second month in a row, with annual growth slowing to a near four-year low.

00:11 US close: Wall Street closes in the green as earnings season peaks

Wall Street bounced back quickly but modestly on Thursday as the peak day of the earnings season was rather mixed, with investors still getting over their disappointment over White House tax cut plans the previous day.

27 Apr Lloyds Banking Group profit increases, on track to meet 2017 targets

Lloyds Banking Group’s first quarter profit increased with the part state-owned bank still on track to meet its 2017 targets.

27 Apr ECB policy decision - Analysts react

"In June we expect a change to a less dovish and more symmetric forward guidance that would open the door for depo rate hikes in 2018. In particular, we would expect modifications possibly to both the forward guidance on rates and on QE by removing the explicit reference in the statement to a scenario with lower rates and/or higher QE." - Philippe Gudin, Antonio Garcia Pascual, Barclays Research

27 Apr FX round-up: Sterling sails higher on UK retail data, ECB rate call

Sterling sailed higher on most key crosses Thursday as investors liked the currency after pleasing UK retail data, European Central Bank holding interest rates and last night's US tax-reform disappointment.

27 Apr Europe close: ECB pours cold water on expectations of policy shift

European stocks declined for the first time in seven days despite the European Central Bank sounding a more confident note on the single currency bloc's economy.

27 Apr Friday preview: UK economic growth seen slowing, RBS results under scrutiny

On Friday the Office for National Statistics will reveal its preliminary estimate for UK gross domestic product growth for the first quarter.