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CriticalAsset to unveil building maintenance automation software at AHR Expo

LAS VEGAS, Nevada, 31 January 2022: CriticalAsset, Inc. (exhibitor booth N11531), announced it will be unveiling its new flagship facilities management platform, CriticalAsset, on Jan 31 at the AHR Expo in Las Vegas. Making the announcement through a Press release, the company also spoke of USD 1.2MM in funding from Tamarisc VC, one of the country’s leading PropTech investors.

CriticalAsset said the platform is a beautiful software that simplifies facilities management, service, maintenance and documentation; lowers operating costs; and improves a building’s environmental footprint. It’s also the first software to offer a truly interactive digital twin, closing the gap between construction handoffs and building stakeholders, the company claimed.

The platform is a next-generation, mobile-first CMMS, which includes a suite of smart features, including:

  • Smart Interactive Floorplans, which converts paper plans and assets into interactive digital documents
  • Smart Electrical Panels, in which panel schedules, fed-from, fed-to and affected areas will be completely digital
  • Smart Maintenance Scheduling, which automates service and maintenance scheduling
  • Smart Work Orders, in which work orders with all key asset data can be created effortlessly by anyone and automatically shared with facilities teams, field technicians and others
  • Smart Document Storage, in which all building documents, pictures and plans are securely stored in one place and instantly accessible 24/7.

According to the company, it is the first platform to incorporate AI into all critical aspects of facilities management. The platform solves some of the biggest problems facing virtually every building stakeholder, including facility managers, technicians, contractors, engineers and building owners, the company said.

Building information is scattered all over the place, is difficult to find and is inconsistent. Facilities teams still depend on messy plan rooms, paper notes, complicated spreadsheets, incompatible software apps and risky guesswork, and key knowledge often lives in one person’s head, creating single points of failure, the company pointed out.

Without automation, facilities teams are reactive versus proactive, which takes extra time, results in more asset breakdowns, increases operational costs and creates unnecessary safety risks, while worsening their environmental impact, the company pointed out.

Covid forced many facility managers with institutional knowledge into early retirement, leaving building and property stakeholders with knowledge gaps, creating new risks.

The CriticalAsset platform, the company said, solves all these problems with a single platform for facilities managers and all building stakeholders, offering instant, 24×7 remote access to all building information and tools needed to keep buildings healthy and operational.

“CriticalAsset makes it effortless for facilities managers, contractors and commercial property stakeholders to run their buildings remotely,” said Stewart Padveen, CEO, CriticalAsset. “It lowers operational costs and improves the safety of all occupants in buildings and facilities. There is nothing that compares to CriticalAsset’s simplicity.”

Siemens to acquire EcoDomus’ digital twin software

Switzerland, 3 December 2021: Siemens Smart Infrastructure signed an agreement to acquire digital twin software for buildings from EcoDomus, a US-based company, the company said through a Press release. The move, the company said, helps it expand its digital building portfolio, including its cloud-based building operations twin software and its flagship building management platform, Desigo CC.

The EcoDomus software creates, maintains and visualizes Building Information Modeling (BIM)-based digital building twins, making design and construction data available for building operations and maintenance, the company said.

Customers can generate digital replicas of their real buildings and assets, creating a common data environment that integrates BIM, Building Management Systems (BMS), Computerized Maintenance Management Systems (CMMS) and Internet of Things (IoT) systems, the company said. The solution enables BIM-driven workflows and digital twin-based lifecycle management, complemented by 3D visualization, the company added.

“The way we operate buildings is fundamentally changing, thanks to the power of digitalization and digital twins,” said Henning Sandfort, CEO, Building Products, Siemens Smart Infrastructure. “By enhancing our existing offering for digitalized buildings with EcoDomus’ software, we are strengthening our leading-industry position in that dynamic market, offering our customers the full-spectrum benefits of BIM-based operations.”

According to the company, in the past, BIM data usage has mostly focused on a building’s construction phase. Today, it said, its benefits can also be leveraged in the operations and maintenance phase. This is crucial, because this is where 80% of a building’s total lifecycle costs will occur, it said.

Leveraging the acquired data creation and visualization capabilities, Siemens’ digital building software portfolio will bring substantial benefits to customers: Enhanced insights into the performance of their building, real-time issue identification and resolution, better space and energy utilization and many others, the company said.

Customers will be able to turn their buildings into more sustainable, comfortable and safe places to live and work, while at the same time streamlining processes and reducing operational costs, it said.

According to the company, EcoDomus is a privately held US company. The closing of the deal, it added, is expected in the next few months and subject to the conditions agreed by both parties.

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