Acuity Brands, Inc. (NYSE: AYI), a market-leading
industrial technology company, today announced it is expanding
its collaboration with Microsoft to bring new
capabilities to Acuity Brands smart lighting, lighting
controls, and building automation solutions.
Acuity Brands has
a bold goal to avoid 100m metric tons of carbon
emissions as a result of projected 2020-2030 sales of LED
luminaires, lighting controls, and building management systems
replacing older technologies in existing buildings.
By combining the power of Microsoft’s Cloud for
Sustainability and Microsoft Azure
IoT with Acuity Brands customer solutions,
Acuity Brands and Microsoft will jointly enable end
customers, operating many types of facilities and
buildings, to forecast and calculate the environmental and
financial impacts that these new lighting and building
management technologies deliver.
“We estimate that building
operations contribute 28% of global carbon emissions. By
developing, deploying, and operating building systems with a focus
on sustainability, we can materially reduce energy usage from
facilities,” said Neil Ashe, Chairman, President and Chief
Executive Officer of Acuity Brands. “Together with Microsoft, our
goal is to integrate foundational technologies like Microsoft Azure
IoT and AI with Acuity Brands solutions that allow
companies to reduce carbon emissions while saving money on
operating expenses.”
Acuity
Brands provides industry-leading lighting
and lighting controls
technology. The company’s nLight® digital
lighting controls platform,
the Compact Pro ™ High Bay by
Lithonia Lighting ®, and its other lighting
and lighting controls
offerings are currently deployed across 15 billion
square feet of commercial real estate, including office space,
retail stores, hospitals, and
airports. Additionally, the Acuity Brands
smart building and energy management portfolio includes the
ECLYPSE ® line of edge controllers by
Distech Controls® to automate building
functions and energy management services such
as the Atrius® Building Manager.
Acuity Brands and Microsoft
will collaborate to bring the Acuity
Brands portfolio of applications to Azure, standardizing data
ingestion and analysis via Azure Digital Twins and analysis of this
data via Azure’s AI offering. Microsoft and
Acuity Brands will also look to explore technology
solutions that further evolve the way spaces can
be evaluated, managed, and optimized in the future.
“Consistency and accuracy in
calculating carbon reductions are critical to tracking progress
towards corporate climate commitments,” said Matt Renner,
President, U.S. Enterprise Commercial at Microsoft.
“Acuity’s end-to-end portfolio of smart lighting, building
controls, and building management technology, built on Microsoft
Azure and Microsoft Cloud for
Sustainability, will deliver immediate energy savings to
companies across all vertical markets operating facilities and
buildings, by integrating sensing, analysis, and
actuation. Microsoft has bold commitments to
be carbon negative, water positive, and zero waste by
2030, and we are pleased to partner with Acuity on its
digital transformation journey. Together we will
accelerate development of solutions that immediately
impact carbon emissions from building operations and
extend these solutions to companies of all sizes that will
need simple solutions to meet their own climate goals.”
###
About Acuity Brands
Acuity Brands, Inc. (NYSE: AYI) is a
market-leading industrial technology company. Through its two
business segments, Acuity Brands Lighting and Lighting Controls
(ABL) and the Intelligent Spaces Group (ISG), the Company designs,
manufactures, and brings to market products and services that make
the world more brilliant, productive, and connected. Acuity Brands
achieves growth through the development of innovative new products
and services, including building management systems, lighting,
lighting controls, and location-aware applications.
Acuity Brands is based in Atlanta,
Georgia, with operations across North America, Europe, and Asia.
The Company is powered by approximately 13,500 dedicated and
talented associates. Visit us at www.acuitybrands.com
This press release
includes “forward-looking statements” within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended, that are based on
management’s beliefs and assumptions and information currently
available to management. Forward-looking statements are subject to
known and unknown risks and uncertainties, many of which may be
beyond our control. We caution you that the forward-looking
information presented in this press release is not a guarantee of
future events, and that actual events may differ materially from
those made in or suggested by the forward-looking information
contained in this press release. In addition, forward-looking
statements are statements other than those of historical fact
and may include statements relating to goals, plans, market
conditions and projections regarding Acuity Brands' strategy, and
specifically include statements made in this press release
regarding: new capabilities, goal to avoid 100m metric
tons of carbon emissions, material reduction of energy
usage, collaboration to bring Acuity’s portfolio of
applications to Microsoft’s Azure cloud computing platform,
standardization of data ingestion and analysis
via Microsoft’s Azure Digital Twins and analysis of this
data via Microsoft’s Azure AI offering. Generally,
forward-looking statements can be identified by the use
of forward-looking terminology such as “may,” “plan,” “seek,”
“comfortable with,” “will,” “expect,” “intend,” “estimate,”
“anticipate,” “believe” or “continue” or the negative thereof or
variations thereon or similar terminology. A number of
important factors could cause actual events to differ materially
from those contained in or implied by the forward-looking
statements, including those factors discussed in our annual report
on Form 10-K for the fiscal year ended August 31, 2021, filed on
October 27, 2021 and those described from time to time in our other
filings with the U.S. Securities and Exchange Commission (the
“SEC”), which can be found at the SEC’s website www.sec.gov.
Any forward-looking information presented herein is made only as of
the date of this press release, and we do not undertake any
obligation to update or revise any forward-looking information to
reflect changes in assumptions, the occurrence of events, or
otherwise.
# All trademarks referenced are
property of their respective owners.
Media
Contacts:
Acuity Brands Candace Steele
Flippin candace@acuitybrands.com
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