Cylon to Invest €11 Million in New Energy Management Division

Cylon Group, the international leader in the development of building energy management systems and services, is to invest over €11 million in its new energy management division, Cylon Active Energy, and create up to 50 new positions over the next four years. Established in 1985, Cylon is an Irish company with headquarters in Clonshaugh County Dublin. The company also has offices in the UK, Europe and China, in addition to a network of representatives across Europe, the US, the Middle East, Australasia and Scandinavia.

Cylon is currently one of the largest independent manufacturers of building control systems in Europe but through the new energy management division the company now also provides clients with cloud based real time energy management services, which have been proven to significantly reduce clients’ overall energy consumption and carbon footprint and reduce energy costs by up to 25%. It has already invested over €1.5 million in the new division and has recently announced a number of new contract wins in Ireland and the United States.

Sean Giblin, managing director of Cylon Group, says: “Cylon Active Energy is a key component of our strategy to continue growing our business internationally and we believe it will allow us to double our sales to about €15 million by 2014. Our building energy control systems are currently used by thousands of companies across the world and have already made us the energy management partner of choice for some major corporations and SMEs. Cylon Active Energy will be very complementary to this business and will allow us to offer more comprehensive energy management services to these clients.”

Nicola Dunne, general manager of Cylon Active Energy, adds: “We recently won our first contract in the US, highlighting our unique ability to centrally monitor, analyse and manage the energy consumption of buildings regardless of geographical location, using our cloud based real-time technology and our award winning Energy Bureau based in Clonshaugh.”

A number of the new positions to be created as part of the company’s Irish and international expansion will be in areas such as sales, engineering and software development. A number of the positions will be filled through a Cylon graduate recruitment programme.

In December 2011, Cylon was awarded the Sustainable Energy Innovation Award at the Sustainable Energy Authority of Ireland 2011 Annual Awards for its Cylon Active Energy Management service and Energy Bureau. Cylon is an Enterprise Ireland client company and Enterprise Ireland has part-financed a number of significant R&D programmes at Cylon to drive the growth and internationalisation of the company.

CAPTION:

Pictured at the launch of Cylon Active Energy are (L-R): Sean Giblin, managing director of Cylon Group; Joe Costello TD, Minister of State at the Department of Foreign Affairs and Trade; and Nicola Dunne, general manager of Cylon Active Energy.

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