Skip to content
Business Norway logo

IoT Solutions reduces energy consumption in buildings

IOT Solutions helps to reduce energy consumption by allowing building managers to operate a large number of buildings from a single smartphone, tablet or PC.

Phone held infront of illustration

At a glance

  • Centralised, remote energy management of buildings and their technical installations
  • Analytics capability to improve day-to-day efficiency
  • Instantaneous notification of alarms and equipment failures

Solution status


The Paris Agreement sets strict efficiency requirements for energy systems across all industries, including construction. But with many unconnected systems running, buildings rarely have a complete overview of energy consumption. When these buildings are not connected to a centralised system, their energy consumption is often unnecessarily high.

Building automation

IOT Solutions has created a building automation system, which lets building managers operate a building remotely from anywhere.

The system allows the building managers to change building setpoints – that is, the points in which an energy system such as a heater switches on or off – on request or from a centralised calendar. This can be done for any building, responding autonomously to, for instance, time of day or changes in weather.

The system can connect many buildings to the same calendar, meaning a whole set of buildings can be managed from a single control unit. Alternatively, the system can be configured to treat individual buildings differently depending on factors such as size, function or geography.

Concrete benefits

The building automation system allows managers to optimise energy consumption, switching off technical installations such as heating or air-conditioning when not in use. Additionally, centralised alarm handling enables managers to respond quickly to failures or emergencies.

Managing a building’s technical facilities in this way can trim energy consumption by 30 to 40 per cent, with an associated reduction in greenhouse gas emissions, as well as 40 to 60 per cent reductions in operating costs.

Even for small and medium-sized buildings, the investment cost is reduced to a minimum and managers only pay a low monthly rental.

Market potential

Around 90 per cent of small and medium-sized buildings – offices, supermarkets, stores, and public buildings like schools and kindergartens – are not connected to a central energy system.

As of 2016, the global energy management system market was valued at USD 6.3 billion, with an anticipated Compound Annual Growth Rate (CAGR) of 14.8 per cent between 2017 and 2025, according to the market report by Future Market Insights

Founded in 2016, IOT Solutions serves major clients, including Olav Thon, BRG Eiendom, Oksøy Eiendom, Gumpen Eiendom and Kverneland Fabrikker.

Good health and well-being

3. Good health and well-being

About the goal

Improved energy management can enhance the indoor climate in homes, offices and production facilities.

Industry, innovation and infrastructure

9. Industry, innovation and infrastructure

About the goal

Improved energy management can cut energy consumption in buildings by 30 to 40 per cent, reducing greenhouse gas emissions accordingly.

Sustainable cities and communities

11. Sustainable cities and communities

About the goal

Buildings with minimal energy consumption are a prerequisite for sustainable cities and communities.

Contact company



5 Etasje, Tordenskjolds gate 9, 4612 KRISTIANSAND S, Norway

Børre Tharaldsen

+47 900 97 206

[email protected]

Submit a solution

Are you a Norwegian company and want to have your own article on Business Norway? Register your interest and we’ll get in touch.
Find out more

Do business with Norway

Invest in NorwayEvents Key industries
Norway logoInnovation Norway logo