News & Events
Here you will find the latest news from ista Middle East and the events that we attend.
ista Middle East Appoints Director of Digitalization and IoT
Dubai, United Arab Emirates –June 23, 2022, 09:00 a.m. With the motto of „Smart solutions for a sustainable future “, ista Middle East appointed Tolga Candan as the Director of Digitalization and IoT, marking a new era for helping the buildings of the GCC region to reach their full potential in terms of energy efficiency and operational excellence.
Sustainability? Challenge accepted!
Oliver Sporrer, Regional Managing Director of ista Middle East commented „Climate protection is at the heart of ista, and the Middle East has the most demanding built environment where technology can deliver a significant difference with simple yet effective solutions towards energy costs and carbon footprint improvement. Reinforced with Tolga’s joining, today marks a new chapter in our endeavor to match the best solutions addressing the problems in buildings.”
Tolga Candan is a multidiscipline engineer, MSc, MBA with experience ranging from commercial leadership to successful delivery of on-site engineering activities. He possesses 19 years of experience with 15 years being in UAE and the Gulf region in both pre and post-operation of buildings. Tolga has been instrumental in addressing energy optimization & technology retrofit requirements in a wide range of segments such as hotels, power plants, schools, high-rise mixed-use developments, residential villa compounds, industrial, golf courses, shopping malls, etc. Known for his expertise in HVAC, Air Quality, Pumps, IoT and Energy Optimization, he is now heading the strategic business development of ista with a focus to UAE and neighboring regions.
Without data, we're only speculators
Tolga, Director of Digitalization and IoT commented „ ista’s competency in IoT and energy retrofits is already addressing the majority of the problems which I’ve observed during my assessments in 300+ facilities in the middle east over the past years. I’m very excited that now we can provide a full-fledged solution from not only assessment and engineering but also execution to monitoring and sustain as a one-stop shop for greener and smarter buildings. People deserve the 2022’s technologies to be adapted in their buildings as well, regardless of how old they are”
Apart from the core business of submetering & billing, ista also offers Energy Audits & Retrofits (accredited by ADES, Etihad ESCO and REEM), Delta-T rectification, Pump Optimization, Remote-control SmartValve (Empower approved), Indoor Air Monitoring, MinuteView cloud dashboard for energy management, segment specific IoT Bundles.
According to The Economist*, The Internet of Things will bring the internet’s business model to the rest of the world. The aggregate score for the application of IoT to internal operations jumped from 4.34 in 2017 to 6.82 in 2020. This means the typical company’s IoT initiatives went from “planning” three years ago to being firmly in the “early implementation” phase today. The research also shows that the most widely adopted applications of IoT data are monitoring and optimizing the performance of products or internal operations (43%) and using IoT data to inform operational decision-making (41%).
With offices in Dubai and Abu Dhabi since 2007, ista is a 100+ year old German multinational and a global leader in energy management, IoT and sub-metering services, with 5,800 people in 20+ countries, serving 13 million units (residential, commercial, industrial, governmental), with a network of 400,000 gateways and 30 million connected devices. In UAE, ista has an install base of over 100,000 BTU meters and has over 30,000 BTU meters in our monthly service portfolio (Reading, Billing, Revenue Collection, Account Management, and Maintenance Service Contracts).
* https://impact.economist.com/perspectives/sites/default/files/eiu_arm_iot_internet_of_operations_article.pdf: The aggregate score for the application of IoT to internal operations jumped from 4.34 in 2017 to 6.82 in 2020. This means the typical company’s IoT initiatives went from “planning” three years ago to being firmly in the “early implementation” phase today. Our research also shows that the most widely adopted applications of IoT data are monitoring and optimizing the performance of products or internal operations (43%) and using IoT data to inform operational decision-making (41%).
ista — now even stronger to support you in an ever-changing world
For more than 100 years ista has been at the cutting edge of monitoring, metering and consumption.
Now the business is entering an exciting new era with new owners confirmed as Hong Kong based CKI. The family-run Asian firm has been investing in Europe for many years and was attracted to ista’s strategic and sustainable goals to deliver fair and transparent energy for all.
Thomas Zinnöcker, ista’s CEO, described the investment as a “real stroke of luck for ista”. He says: “CKI has bought interests in well over 30 countries and has not sold a single one. So you see they have a very long-term plan.
“We have been recording growth for years. Our aim is to grow slightly more strongly than the market as a whole and we also want to continually expand our customer base.”
Handling so much data across so many countries means ista is very strict on protocols, so our customers’ data is always protected.
“Data privacy is and will always be a very precious asset to us,” says Mr Zinnöcker. “We are not a data collector but help consumers to save energy. That is why our focus is on reducing CO2 emissions and not on data. It is true that homes of the future will be more digital, this leads to fundamental questions to which we as a society have to find answers. We want to make our contribution.”
Ista is a true global player in the fields of metering hardware, data collection and billing platforms and is well positioned in an exciting energy marketplace.
Based in Germany, ista operates in 23 countries and manages data from 44 million devices in 13 million dwellings across the globe. We offer innovative metering hardware, data collection and billing platforms, together with a full treasury service with flexible payment solutions to fit your new build or refurbishment application.
Providing online visibility of your energy and water usage, to help drive reduction in consumption, is a key part of ista’s service.
This transparent approach removes the uncertainty and worry consumers can face over quarterly bills and estimated meter readings. Which is why more and more property managers and housing providers are turning to ista’s unique and innovative solutions to energy metering.
Tel: 800 - 4782 63 (ista ME)