How NexRev reduces your costs
Most of our blogs dig into a single, focused topic of interest to building and facility managers. This time, for a change, we’ll try to answer a more general question that we’re often asked. “How does NexRev help me reduce my costs?”
The answer to the question, “How does NexRev help me reduce my costs?” is, like the question itself, predictably broad. There are many different ways! We offer a comprehensive range of solutions that reduce costs for your business by tackling different challenges in various operational areas. Here, we’ll focus on five.
1-By better understanding your energy consumption patterns.
In order to save money, you have to know how and where you’re spending it. Your Freedom Energy Management System (EMS) is what aggregates and monitors data related to your energy usage and is therefore the gateway to improving your consumption patterns. Via a range of metering devices and network connected sensors an EMS continuously tracks electricity, gas, and water consumption.
The real-time usage data accrued is analyzed and processed, providing visibility of consumption patterns, areas of high usage, abnormalities, and more. From this data, insights can be turned into actionable information and recommendations to improve performance and cut costs in the process. These can range from remotely changing ambient temperature and adjusting the intensity of lights to actions like monitoring and adjusting your HVAC system’s performance.
2-Make your HVAC more efficient
An HVAC solution that operates efficiently is probably the single most important outcome of a Building Management System (BMS). Again, remote data collection allows the BMS to record real-time information about the facility such as temperature, humidity, airflow, and energy usage.
This lets the facilities manager achieve far more precise control and adjustment of physical HVAC assets like air handlers and dampers. With a more efficient HVAC, everyone wins with optimal comfort conditions for occupants of the facility, energy savings by avoiding unnecessary equipment operation, and reduced energy waste for the building operator.
3-Solve the “locked into my legacy system” problem
Controller technology is fast developing, and your legacy system may not be keeping up with your needs or providing the freedom to choose your controllers without being locked-in to legacy products which may no longer be meeting your requirements.
Presently, many managers are reported to be dissatisfied with the performance of their existing executive controllers, but they feel constrained because swapping them out isn’t always easy or cost effective. If you have a Savvy or Opus device, NexRev has a solution that will quickly take you to a smart HVAC / BMS-enabled future. Requiring only a 10-minute replacement, it’s a drop-and-insert approach replacing the outdated executive controllers in your buildings.
4-As buildings get “smart”, become data-driven
In the enterprise world, data-driven anything (and everything) is becoming critical and it’s no surprise that the headline can be applied to the facilities business. In an online, increasingly IoT-enabled landscape where almost every component in the value chain generates information in the form of data, it’s little wonder that things like smart buildings and data-driven HVAC have been identified as among the most significant trends in the industry.
What’s happening now is a major change because historically, optimizing and modeling approaches have been physically driven activities, in the absence of the availability of reliable or extensive data sets or the means to leverage them. The status quo is changing rapidly as the industry is evolving towards a far more effective, data-driven management model.
NexRev solutions reduce your costs
NexRev has a range of products that enable you to achieve the advantages (and cost savings) above. Briefly, they include:
NexRev Freedom
NexRev Freedom is our cloud-based multi-site building and energy management solution. It delivers facility management functionality — both visibility and remote control — in a future-proof software-as-a-service model, enabling its users to apply process-driven intelligence to better manage their properties and leveraging real-time Artificial Intelligence to realize significant cost savings.
Freedom provides centralized view and control of the connected devices, sensors and meters that have been installed within a commercial building and across multiple sites - and any deployments of NexRev’s DrivePak – to include advanced demand response reporting and historical tracking.
NexRev DrivePak™
NexRev DrivePak™ is an energy-saving upgrade package for new or existing, standard, rooftop air conditioning units. It is modular and works by optimizing HVAC fan speeds to the needs of the local environment and reducing peak demand.
DrivePak™ can be retrofitted to existing HVAC units, minimizing costs and labor. It delivers the right levels of performance – and lowers costs. It is fully integrated with NexRev’s Freedom cloud-based EMS, connecting remote HVACs from multiple sites into a single, cohesive control center.
NexRev DrivePak™ Connect
DrivePak Connect is a new solution from NexRev designed to give new and even existing DrivePak users instant insights into their DrivePak installations via a dedicated, cloud-based enterprise portal. By accessing Connect’s enterprise-level views, users of the solution can increase their operational savings and more effectively optimize the performance of their assets.
You can learn more about NexRev Freedom and NexRev DrivePak™ here.
Talk to NexRev
To learn more about what you can do to mitigate the impact of continued rising energy prices, why not talk to NexRev?
At NexRev, we’ve been unlocking the power of facility and energy management data with over a million connected devices across North America. Our team of experts is focused on helping you deliver more with your budgets, infrastructure, and assets to create sustainable savings in operations and energy, reducing your risk and increasing operational confidence.
To begin a discussion on how we can help you to reduce energy waste please email us at