International. Emerson completed the purchase of Verdant, an energy management solutions company for the hospitality industry. The addition of Verdant expands Emerson's growing energy management and optimization capabilities for residential and commercial applications.
While a typical hotel room is vacant more than 50% of the time, energy use is still the second highest operating cost for hotels. Verdant's products and services combine advanced occupancy and thermal sensing technologies with real-time analytics to ensure optimal energy configurations, reduce consumption and maximize cost savings for hotel operators without compromising guest comfort.
"As the hospitality industry continues to work to achieve energy efficiency and minimize its carbon footprint, having the right technology and software to make this a reality is vital to success," said Brent Schroeder, president of Emerson's heating and air conditioning group. "This addition of an established and fast-growing commercial energy solutions provider complements our existing digital services and analytics capabilities and will also allow us to expand our efficiency offerings to customers in new markets."
The light hospitality and commercial industry is increasingly looking for opportunities to mitigate energy consumption and reduce operating costs while ensuring comfort. Verdant's cloud-based intelligence platform, coupled with Emerson's award-winning Sensi product portfolio and commercial building controls, is helping both industry and consumers take action for a more sustainable and efficient future.
Verdant, which was named Deloitte Technology Fast 500 in 2019, is headquartered in Montreal, Quebec and has about 70 employees.
