GTT Group To Sell Smart Home Energy Management Patent Portfolio
Portland, OR (PRWEB) September 26, 2017 -- Global Technology Transfer Group, Inc. (GTT Group), the premier provider of patent analysis and transaction advisory worldwide, announces the availability of the Smart Home Energy Management Patent Portfolio related to the growing Smart Home and Building sector.
The portfolio generally relates to energy management systems (EMS) and includes methods and devices for local and remote management power usage, battery charging and storage, and security applications for Smart Homes and Buildings.
Connected devices are enabling users to control every aspect of their home including entertainment, security and energy management. EMS provides an interface for users to control how homes and buildings consume energy to reduce costs and promote energy efficiency.
The Energy Management System Portfolio exclusively represented by GTT Group includes inventions that relate to the core capabilities of EMS. The patents in the portfolio cover a secure EMS control interface, managing network traffic among connected devices using different protocols and controlling the charge/discharge of battery cycles.
The EMS market is expected to reach $76B by 2021, up from $32B in 2016., according to research from Markets and Markets. The 18% CAGR will be driven by cloud computing and big data that will enable real-time energy analytics.
“Energy Management Systems play a vital role in enabling home owners and building managers to control energy costs and improve energy efficiency,” remarked Andrew Godsey, GTT Group Director of Asset Services. “We believe the patented inventions are strategic to the industry and will be a core asset within a company’s smart home and smart building patent portfolio.”
To receive more information about this opportunity, please contact Mick Banks. All inquiries will be kept strictly confidential.
GTT Group is approaching potential buyers and providing materials explaining the strategic advantages of acquiring the portfolio. In addition, GTT Group’s subject matter experts will be available to discuss the strengths of the patents and applications in the market. Offers to acquire the portfolio should be submitted by November 2017.
About Global Technology Transfer Group, Inc.
Global Technology Transfer Group, Inc. is a patent analysis and transaction advisory firm. The company’s corporate headquarters are in Portland, Oregon.
For more information, visit GTT Group online.
Mick Banks, GTT Group, http://www.gttgrp.com, +1 (503) 200-5168, [email protected]
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