Masthead - Climate Control Journal

JCI acquires Tempered Networks

CORK, Ireland, 23 June 2022: Johnson Control (JCI) acquired zero trust cybersecurity provider – Tempered Networks, based in Seattle, Washington. According to JCI, Tempered Networks has created ‘Airwall’ technology, an advanced self-defence system for buildings that enables secure network access across diverse groups of endpoint devices, edge gateways, cloud platforms and service technicians. It represents a step-change in operational technology built on secure transmission pipelines to ensure buildings data exchanges and service actions can only take place between people and devices that are continuously authenticated, JCI said.

JCI said the acquisition gives it the capability to provide zero trust security within the fabric of its OpenBlue secure communications stack, advancing its vision of enabling fully autonomous buildings that are inherently resilient to cyberattack.  

Tempered Networks Airwall technology uses the Host Identity Protocol and a cloud-based policy orchestration platform to create new overlay networks built on encrypted and authenticated communication, JCI said. The policy manager – also known as the conductor – enforces configured digital policies that control connections within the cloaked overlay system, JCI said. The default position for the policy manager is ‘zero trust’ – that is, only allowing connections between continuously authenticated and authorized entities, JCI said. Once a communicating device authenticates itself correctly, an encrypted tunnel is created through which data flows. According to JCI, the advantages of this cybersecurity technique are as follows:

  • The creation of an always-on and software-defined security perimeter protecting device-to-device, device-to-cloud and device-to-user interactions. Airwall achieves this by using Host Identity Protocol to create a cloaked and micro-segmented network, which overlays a building’s existing network infrastructure, making the solution also highly cost-effective.
  • A new level of authentication for connected building systems, allowing for greater system automation of functions, such as heating and cooling, lighting, security and airflows.

“When it comes to buildings, we must create easily implementable cybersecurity defenses, as we’re often dealing with critical infrastructure, including assets such as data centers and hospitals,” said Vijay Sankaran, Vice President and Chief Technology Officer, Johnson Controls. “Tempered Networks Airwall approach is purpose-built for our sector as it’s designed around principles of zero trust, securing device communications as data moves between devices and the cloud – so enabling remote building optimization in the most trusted way possible.”  

JCI said it is integrating Tempered Networks Airwall technology into its OpenBlue platform, which is increasingly recognized as a leading smart building software platform with advanced AI-enabled building management capabilities. According to JCI, OpenBlue provides a flexible computing approach for converging building technologies and making those technologies more insightful, powerful, and optimized through edge AI and through full Machine Learning in the cloud. The ultimate goal, JCI said, is to make all buildings smarter, healthier and more sustainable.

“Digital transformation is the primary way we’ll make the world’s buildings more autonomous and resilient,” said Bryan Skene, Chief Technology Officer, Tempered Networks. “Being acquired by Johnson Controls allows us to fully integrate our Airwall technology into their software stack, providing an advanced security platform for a range of edge to cloud applications. Our ambition, now that we’re part of Johnson Controls, is that building systems everywhere can be managed from anywhere and remain secure from cyber threats.”

Facilio raises USD 35m for real estate AI initiative

DUBAI, UAE; NEW YORK CITY, USA, 22 February 2022: Property operations software platform company, Facilio said it has raised USD 35 million in Series B financing led by Dragoneer Investment Group, with participation from Brookfield Growth and existing investors, Accel India and Tiger Global Management.

L-R: Yogendra Babu, Co-founder and CTO, Facilio; Prabhu Ramachandram, Co-founder and CEO, Facilio; Krishnamoorthi Rangasamy, Co-Founder, Revenue & Business Operations, Facilio; and Rajavel Subramanian, Co-Founder, Head of Product, Facilio

“Our customers understand that success in a post-pandemic world will be achieved by driving efficiency gains and delivering smooth customer experiences,” said Prabhu Ramachandran, Founder & CEO, Facilio. “We are uniquely positioned to accelerate digital transformation in the built world and lead the industry’s transition towards IoT-led connected buildings. This investment will allow us to extend our market leadership, expand sales and marketing, and enable more companies to reach success through a predictive, connected model of real estate operations.” Facilio claimed it has emerged as a next-generation leader in the USD 50 billion commercial real estate-focused operations software market.

It said it has established a broad, global customer base and is rapidly gaining share with faster-than-market-sales growth across multiple geographies.

The company said its growing list of portfolio-scale deployments include commercial office buildings, retail chains, hospital systems and higher-education campuses.

Eric Jones, Partner, Dragoneer Investment Group, said: “Facilio has unlocked a world of potential with its AI-based predictive approach to increase operational effectiveness. We were blown away by the customer-love that Facilio receives from their diverse roster of global clients. The company is on its way to revolutionizing operations for real estate portfolios, and we are proud to support this customer-obsessed team.”

Facilio said it excels in guiding real estate portfolios through their digital transformation journey with its advanced IoT-native and mobile-first product offerings. As a result, it said, many leading organisations dealing with outdated solutions from incumbent vendors are turning to it for digital support.

Josh Raffaelli, Managing Partner, Brookfield, said: “We have been customers of Facilio, and now it’s incredible to be a partner in their journey. What Prabhu and the team are building isn’t merely a great product portfolio but a movement towards data-led property operations. The company is writing the blueprint for how modern real estate portfolios will operate in the next decade and beyond.”

Banner - CCGD
Banner - RBG
Copyright © 2022 - CPI Industry, Dubai - UAE. All rights reserved.