SOLUTION / PUBLIC SOURCE RECORD

IoT Solutions centralized building energy management

Source modified 25 Jun 2026·2 min read

From the public capture. Detailed factual notes from Business Norway. Statements and figures reflect the source at the time of capture.

  • Published March 23, 2023; updated June 25, 2026; estimated reading time 2 minutes. Status: available. Categories: Technology / IoT; Energy / Buildings; Architecture and construction.
  • IoT Solutions offers remote building automation that lets managers control technical installations from a smartphone, tablet or computer. They can adjust energy-system setpoints on demand or through a central calendar that can respond to time of day and weather. A common calendar can coordinate multiple buildings, with different settings by building size, purpose or location.
  • The article says disconnected building systems make it difficult to see overall energy use and can lead to excess consumption. Managers can reduce heating or air-conditioning use when not needed and handle alarms centrally to respond to equipment failures or emergencies.
  • The company claims the system can reduce building energy use by 30–40% and operating costs by 40–60%; it says small and medium-sized sites can use a low-cost rental model. The article states that around 90% of small and medium buildings—including offices, supermarkets, shops, schools and kindergartens—were not connected to a central energy system.
  • Market figures are historical: the article cites a USD 6.3 billion global energy-management systems market in 2016 and projected 14.8% annual compound growth for 2017–2025. Founded in 2016, IoT Solutions lists Olav Thon, BRG Eiendom, Oksøy Eiendom, Gumpen Eiendom and Kverneland Fabrikker as major clients. SDGs 3, 9 and 11 shown.
  • Contact: Børre Tharaldsen, CEO, bt@iotsolutions.no; phone reveal control collapsed. Company: IOT SOLUTIONS AS, 5 Etasje, Tordenskjolds gate 9, 4612 Kristiansand S, Norway; iotsolutions.no/en.
+END OF CAPTURED RECORDContinue at the original source
STAY CURIOUS. LOOK NORTH.

Good ideas travel.

Explore the collection
SEARCH BUSINESS NORWAY
Search full research reports, companies, technologies and ideas.