Latin America. To improve the livability and energy efficiency of large residential, commercial and multi-dwelling buildings, ABB Smart Buildings and Samsung C&T Corporation Engineering & Construction Group ('Samsung C&T') have signed a new global agreement to jointly offer integrated and holistic building automation, reliable power distribution and energy management solutions.
This follows a separate global agreement signed with Samsung Electronics in April 2022 to drive holistic smart residential building technology through the integration of ABB-free@home and Samsung SmartThings.
The agreement signals the intention to integrate end-to-end building solutions, such as Samsung C&T's Homeniq smart home platform, ABB-free@home® system and ABB i-bus® KNX, which can significantly expand the potential of services for homes and buildings under a single property management tool.
By being able to choose between the Homeniq app, the ABB-free@home® app and ABB wall panels, this will allow building residents to control all Samsung C&T and ABB smart home devices from a single user interface. Aimed at meeting growing customer demand for integrated, easy-to-use, and flexible products and solutions, the partnership is yet another milestone in enabling greater energy management, lower energy costs, and improved quality of life.
The new ability to manage and monitor all energy grid systems within properties is also expected to reduce connection charges by reducing power spikes and accelerate the return on investment of photovoltaic (PV) equipment.
Buildings are responsible for 40 percent of energy consumption and 30 percent2 of global greenhouse gas (GHG) emissions, but rapidly evolving technologies promise to achieve significant reductions at these levels.
The new agreement with Samsung C&T will result in further combined innovation initiatives, focusing on a partnership on a newly enhanced property management platform. Following an initial proof-of-concept developed earlier this year in Korea, more joint pilot projects are currently being identified in Europe, Asia and the Middle East.
