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Johnson Controls International plc reports developments tied to commercial building technology, including thermal management, mission-critical building systems, energy efficiency and decarbonization. Company news commonly covers quarterly results, organic sales, orders, backlog, margins and guidance, along with capital returns through its regular dividend.
Updates also describe product and design activity for data center cooling, including AI Factory Reference Design Guides for chiller-based thermal systems. Other recurring announcements include investor conference participation, earnings webcasts, the Johnson Controls Business System, and ethics, compliance and governance recognition.
Johnson Controls' Sensormatic Solutions received the ‘Top Supplier Retail 2023’ award from adidas aG for their innovative in-store technology solutions. This recognition was presented at the ReTa awards during EuroShop, highlighting the company’s commitment to enhancing customer journeys through predictive insights and data-driven solutions. Sensormatic's Visual Line Up technology aids retailers like adidas in understanding customer behavior, thus optimizing store design and improving brand performance. The award underscores Sensormatic's pivotal role in addressing modern retail challenges and enhancing shopper engagement across various touchpoints.
Sensormatic Solutions, part of Johnson Controls (NYSE:JCI), reported significant success after its Inventory Intelligence solution using RFID technology was implemented by Brazilian retailer Renner. Since the deployment in 2019, Renner experienced an 87% reduction in stockouts and a 64% increase in inventory accuracy. Over 500 million products have been tagged with RFID, facilitating more than 4 million daily item-level readings. The system enhances data visibility across omnichannel operations, streamlining inventory processes and improving customer experience.
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Sensormatic Solutions, a retail solutions portfolio of Johnson Controls (NYSE:JCI), will showcase its computer vision analytics technology at EuroShop 2023 from February 26 to March 2. This technology uses advanced deep learning algorithms to assist retailers in optimizing labor allocation, enhancing loss prevention, and improving shopper experiences. Notable features include behavior detection, operational insights to allocate labor effectively, and proactive loss prevention measures. These solutions utilize existing video infrastructures, offering cost-effective deployment for retailers.
Johnson Controls has announced a collaboration between Sensormatic Solutions and Zliide to enhance self-checkout experiences in retail environments. This partnership aims to address shrinkage issues and improve ease of use for shoppers. Key features include secure instant checkouts, endless aisles for out-of-stock items, and no-contact checkouts with self-detaching security tags. Furthermore, the Zliide system's data will be integrated into the Sensormatic IQ ecosystem, providing retailers with insights to tackle operational challenges. This initiative reflects the retail industry's shift towards digitalization and consumer-centric shopping experiences.
Sensormatic Solutions, part of Johnson Controls, will exhibit at EuroShop 2023, highlighting its Sensormatic IQ platform. The focus will be on advanced analytics and solutions using artificial intelligence and computer vision to enhance retail operations. Key offerings include Inventory Intelligence for unified commerce, improved loss prevention, and enhanced shopper experiences. CEO Kevin Viravec emphasized the shift in shopper preferences and the benefits of a data-led approach. The event runs from February 26 to March 2, 2023 in Düsseldorf.
Johnson Controls (NYSE: JCI) has received a CDP Climate score of A-, placing it in the Leadership band for its commitment to sustainability. The company aims for net zero Scope 1 and 2 emissions by 2040, ten years ahead of the Paris Agreement. Recognized for its environmental practices, Johnson Controls scored an A for governance and set ambitious emissions-reduction targets. The company also made the Global 100 list of the most sustainable corporations, ranking 17th overall. With a history of over 140 years in innovation, JCI emphasizes decarbonization and digital transformation in the built environment.
Applied UV, Inc. (NASDAQ: AUVI) partners with Johnson Controls (NYSE: JCI) and Ushio America, Inc. to explore the efficacy of Far-UVC pathogen deactivation technology. This collaboration aims to assess both the effectiveness of the technology and any potential negative impacts on surrounding air quality. Initiated by leading U.S. universities and certified labs, the study is expected to commence within 3-6 months, with results shared publicly. The research highlights the potential benefits for various sectors including healthcare and education, and could significantly enhance indoor air quality operations.
Johnson Controls (NYSE: JCI) has announced a research collaboration with PURO Lighting, LLC, a subsidiary of Applied UV, Inc. (NASDAQ: AUVI), and Ushio America, Inc. to study the efficacy and safety of filtered far UV-C disinfection technology. The research, set to be conducted by leading U.S. universities and certified laboratories over the next 3-6 months, aims to assess pathogen inactivation effects on indoor air quality. Brian Stern of PURO highlighted the potential market benefits, including improved health and safety in workplaces. Results will be publicly shared to aid customer decisions and inform public policy.
Johnson Controls (NYSE:JCI) and Willow have announced a global collaboration to enhance building and facility management through digital twin technology. This partnership aims to transform spaces into healthier, safer, and more sustainable environments, improving operational efficiency and cost-effectiveness for clients. Key components of the collaboration include a go-to-market agreement and licensing of Johnson Controls’ digital twin technology patents. Both companies emphasize the role of digital twins in analyzing large data sets to predict trends, ultimately benefiting sustainability management and security for building operations.