Frequently Asked Questions

Net operating income (NOI) is used in the real estate market to determine the revenue that a property generates less operating expenses. NOI also determines a property's capitalization rate, or rate of return.

Monitoring based commissioning is the process of collecting, storing, analyzing and reporting data (collected through sensors) to optimize equipment performance and efficiency.

Building maintenance software is an enterprise solution for improving the way in which operators and third party vendors identify, execute, and record activities.

Local Law 88 requires property owners to upgrade their lighting systems and install tenant sub-meters.

An IoT solution provider is a company or organization that facilitates the deployment of the Internet of Things.

HVAC monitoring systems continuously track the energy consumption and performance of heating, ventilation and air conditioning units within a building, generally with the purpose of alerting operators of faults and inefficiencies.

HVAC is an acronym for heating, ventilation, and air conditioning. It is sometimes written as HVACR to include refrigeration.

Fault Detection and Diagnostics software (FDD) identifies anomalies in the performance of critical equipment such as boilers, chillers, motors, elevators, pumps, exhaust fans, etc.

Facilities maintenance management encompasses a range of processes required to ensure that the building systems perform as originally designed and constructed.