New Study Shows OpenBlue Drives ROI, Efficiency, and Cost Savings

21 Apr 2025 CW Team

A commissioned study by Forrester Consulting reveals that Johnson Controls’ OpenBlue platform delivers substantial benefits, with a model organisation realising a 155 per cent return on investment (ROI) over three years. The study, which included data from multiple industries using OpenBlue and FM:Systems solutions, found that customers achieved up to 10 per cent energy savings and a 67 per cent reduction in chiller maintenance costs, saving nearly USD 1.5 million over three years. OpenBlue is an AI-optimised smart building platform that offers near real-time data visibility, tailored energy-saving recommendations, and enhanced operational efficiency. By integrating FM:Systems solutions, OpenBlue further improves data transparency and supports strategic real estate decisions. Key findings also include a 7 per cent rental premium, valued at USD 3.2 million, and an eight-month payback period. Johnson Controls’ Chief Digital Officer, Vijay Sankaran, emphasised that the platform not only reduces costs but also helps achieve sustainability goals. The study highlights OpenBlue’s role in promoting energy efficiency and driving financial and environmental returns.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..