How IoT thermostats help companies and governments save money

Harry Sim, CEO of Cypress Envirosystems, explains how installing wireless pneumatic thermostats can transform building power systems from analogue to digital in under 15 minutes.

Video: How Wireless Pneumatic Thermostats help modernize New York's power grid

Internet of Things (IoT) connected devices are expected to drastically grow in number over the next decade, with more tools that can help save time and money entering the market. TechRepublic's Dan Patterson recently met with Cypress Envirosystems' CEO Harry Sim to discuss how wireless pneumatic thermostats (WPT) can help cities cut energy consumption and costs.

WPTs work on older buildings with pneumatic thermostats, meaning thermostats that are mechanical and use compressed air. These older thermostats have no wires, internet, or batteries. They're a 100-year-old technology, Sim said, and the problem with that is today, we expect technology to be smart.

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Buildings that have been constructed within the past five years have smart devices and analytics that aren't accessible in older buildings. "That's a problem that we're solving," Sim said. "What we do is replace [pneumatic thermostats] with a WPT that's much easier [to use]."

Many buildings with pneumatic thermostats don't upgrade to digital thermostats because of the additional installation work it entails. What Cypress Envirosystems does is replace a building's existing pneumatic thermostat with a WPT to make them digital pneumatics.

"In about 15 minutes, rather than hours or days, these thermostats become smart," he said. "All the buildings can talk with the internet. They can do fault-detection. You can save energy. And the payback period is much faster because the cost and disruption is much less."

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Image: iStock/JerryB7