Zenatix, part of the Hero Group, plans to expand its operations to the UAE and Middle East to offer organisations a robust cloud-based energy and asset management solution. The company’s foray into the region coincides with the key initiatives announced by the Dubai government and corporations around climate conservation and sustainability with the UN Climate Change Conference (COP28) scheduled in Dubai in 2023 and Dubai Clean Energy Strategy 2050.
The Middle East Building Automation System Market is projected to grow at a CAGR of 5.4 percent during 2020-2026 and gain momentum because of the surge in construction and combined with the growing focus on energy efficiency. This would require adoption of sustainable measures by diverse stakeholders to enable a future that is conducive to the environment which is well supported by the Dubai government.
According to the Zenatix, small and mid-sized infrastructures especially having multiple sites lack automation and thus face challenges with energy inefficiency and equipment maintenance. With its IoT powered automated solution, commercial buildings across sectors such as hospitality, restaurants, retail, supermarkets, warehouses, etc. can have automated controls, real-time visibility into their operations – helping them reduce energy consumption, alert them on any anomalies, improve operational compliance and facilitate remote asset management.
Rahul Bhalla, CEO & Co-founder, Zenatix, pointed out, “While the large buildings market is served by traditional building management systems, automation in small and mid-sized buildings is a global gap. Our IoT powered solution is affordable, wireless, scalable and enables easy deployment by partners and system integrators. Customers get a centralised visibility into their distributed operations and are able to save 10-20 percent energy while reducing breakdowns through Zenatix’ AI powered predictive maintenance features.”
According to Bhalla, Zenatix has made significant investments in developing OpenThread based wireless mesh technology for both sensing and actuation, which allows plug and play deployments in existing infrastructures and provides ROI in less than 18 months. Zenatix plans to launch this solution in the UAE and the Middle East where there is increased focus on energy management and sustainability, driven both by the government and corporations.
The benefits to customers using Zenatix’ solutions include up to 20 percent cost efficiency through energy savings and manpower savings, up to 25 percent improvement in comfort and food safety compliance and 30 percent reduction in asset breakdowns.