IIIT Hyderabad-BuildIQ IoT deal pushes smart-building platform

IIIT Hyderabad's Smart City Research Centre signed a memorandum of understanding with BuildIQ Technologies to develop an IoT operating platform for smart buildings and campuses. The partnership targets a next-generation Integrated Building Management System (IBMS) built on what the parties call the City IoT Operating Platform (ctOP).

The deal combines IIIT Hyderabad's research output with BuildIQ's engineering and deployment experience. The focus areas include joint development of IoT sensors and intelligent monitoring devices, and commercialisation of the ctOP as a commercial IBMS product, the companies said in a release.

The platform is designed for real-time monitoring, automation, and energy management across building systems. The collaboration aims to push academic research into a deployable product for smart cities, campuses, and commercial real estate.

The agreement enters a market already served by global building-automation firms and Indian systems integrators. What distinguishes the tie-up is the university's existing work on smart-city data platforms, which could shorten the time from prototype to operational deployment. No financial terms were disclosed.

The MoU was signed this month. The first deployments are expected to focus on smart-campus projects in Hyderabad, the release added.