SAMSUNG C&T AND ABB ENTER AGREEMENT TO EXPAND SMART BUILDING CAPABILITIES

To improve the livability and energy efficiency of large residential, commercial and multi-dwelling residential buildings, ABB Smart Buildings and Samsung C&T Corporation Engineering & Construction Group (‘Samsung C&T’) entered a new global agreement to jointly deliver integrated, holistic building automation, reliable energy distribution, and energy management solutions. This follows a separate global agreement signed with Samsung Electronics in April 2022 to drive holistic residential smart building technology through the integration of ABB-free@home^® and Samsung SmartThings.

The deal signals an intention to integrate holistic building solutions, such as Samsung C&T’s Homeniq smart home platform, the ABB-free@home^® system and the ABB i-bus^® KNX that can significantly widen potential home and building services under one property management tool. Able to choose between the Homeniq app, the ABB-free@home^® app and ABB wall panels, this will allow building residents to control all Samsung C&T and ABB smart home devices from a single user interface. Intended to meet the increasing customer demand for integrated, easy-to-use, and flexible products and solutions, the partnership is a further milestone in enabling greater energy management, lower energy costs and improved quality of life.

The new ability to manage and monitor all energy grid systems within properties is also expected to lower connection charges by reducing power peaks and accelerate return on investment from photovoltaic (PV) equipment.

Buildings are responsible for 40 percent of energy consumption and for 30 percent of global greenhouse gas (GHG) emissions, but fast-evolving technologies promise to deliver significant reductions to these levels. The new agreement with Samsung C&T will lead to further combined innovation initiatives, with a partnership on a newly enhanced property management platform a focus. Following an initial proof of concept developed earlier this year in Korea, further joint pilot projects are currently being identified in Europe, Asia and the Middle East.