Lucid Design Group: The Latest Acuity Brands Acquisition

Last week Lucid Design Group Inc. was acquired by Acuity Brands, and we forsee the building analytics provider fitting nicely into Acuity’s expanding IoT (Internet of Things) portfolio.

Lucid Design Group is the creater of BuildingOS, a data analytics program created to improve building efficiency and reduce energy consumption. The platform has been adopted by over 15,000 buildings to date, and market demand is only continuing to grow. The Lucid offering is comprised of different data subscription options that vary based on your building managment needs. Whether you would like to start out by managing expenses or you are planning to dive deep into the management and automation of your building, there is a package for you.

It is predicted that the partnership between Acuity’s IoT portfolio and Lucid Design’s platform “will provide the industry’s most comprehensive building operations and analytics platform.” With Acuity’s large network of installed luminaires and Lucid Design’s innovative software, new levels of insight will now be accessible for customers.

For more information about the acquisition, check out this article found on IoT Now.

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