Verantum Launches HVAC IQ Capital Planning, a New-to-Industry Approach to Condition-Based Asset Lifecycle Management

New Capital Planning capability extends HVAC IQ from operational asset intelligence into capital decision support, giving multi-site operators a new-to-industry way to prioritize HVAC replacement decisions using real-time performance, asset age, maintenance history, and operational risk data.

IRVINE, Calif.--(BUSINESS WIRE)--Verantum, a leader in building intelligence and HVAC-R asset optimization, announced the launch of HVAC IQ Capital Planning, a significant expansion of its HVAC IQ platform and a major step in the company’s Pillar 3 strategy for condition-based asset lifecycle management. Designed for multi-site retailers and commercial building operators, the new capability enables smarter, data-driven capital investment decisions by combining real-time and historical HVAC performance, asset age, maintenance and repair history, refrigerant information, and other critical asset attributes.

HVAC IQ’s Capital Planning addresses a critical challenge across large commercial building portfolios: capital investment decisions are often made using incomplete information—primarily asset age, historical spend, or fragmented maintenance records—without a clear view into actual asset condition, comfort performance, energy impact, or operational risk. This can lead to inefficient capital allocation, where healthy equipment is replaced too early while underperforming assets remain in operation too long.

“The next era of facilities management will not be defined by who has the most data, but by who can turn that data into better decisions at enterprise scale,” said Ryan Adelman, Chief Executive Officer of Verantum. “HVAC IQ Capital Planning is a major step in our Pillar 3 strategy and our broader vision for condition-based asset lifecycle management. We are helping customers move beyond fragmented systems, reactive maintenance, and age-based assumptions by connecting real-time performance, asset condition, cost, and capital strategy into a single decision framework.”

A New Standard for Condition-Based Capital Planning

HVAC IQ Capital Planning introduces a condition-based approach to capital decision-making by benchmarking HVAC assets across multi-site building portfolios. By integrating real-time and historical operating data with asset age, maintenance and repair history, refrigerant information, and other critical asset attributes, multi-site operators gain a unified, portfolio-wide view of asset health, replacement priority, and operational risk.

This enables multi-site operators to:

Optimize capital allocation and planning by targeting investment toward the assets and locations with the greatest condition, comfort, cost, and operational risk.

Improve repair-versus-replace decisions through clearer categorization of asset condition using performance, age, maintenance, and cost data.

Strengthen lifecycle management by extending the useful life of well-performing assets while proactively addressing failing or high-risk equipment.

Reduce operational disruption by aggregating asset insights at the store and portfolio level to support practical capital planning and execution.

Support sustainability and regulatory planning by incorporating refrigerant, energy, and emissions-related considerations into asset lifecycle decisions.

For multi-site operators, this portfolio-level view is critical. Replacing even one or two rooftop units can be disruptive and costly, particularly when crane rental and store disruption are involved. HVAC IQ’s Capital Planning helps facilities and finance teams prioritize HVAC investments by identifying which stores and assets should be addressed first, enabling smarter capital planning across the portfolio.

Delivering Measurable Business Impact

At the center of HVAC IQ is Verantum’s unit-level Risk Score, which synthesizes comfort performance, fault signals, operating patterns, asset age, and maintenance history into a practical indicator of asset condition and replacement priority. By combining this condition intelligence with commonly siloed data, HVAC IQ Capital Planning helps organizations improve capital efficiency, reduce operating costs, and support consistent comfort across stores.

Based on Verantum modeling and field experience, the capability is designed to help customers:

• Reduce capital expenditure forecast variance to below 15%, compared with 40–65% without condition-based data.
• Defer capital investments by 2–5 years for many packaged rooftop and air handling units through better lifecycle management.
• Lower asset lifecycle costs by 15–25% through timely maintenance, fewer emergency repairs and downtime, and improved energy efficiency.
• Improve comfort and reduce operational disruptions by identifying underperforming systems earlier.

HVAC IQ Capital Planning creates a shared decision framework across Facilities, Finance, Procurement, Energy, Sustainability, and Store Operations.

Facilities teams can focus on the assets causing the greatest operational risk. Finance and Procurement teams can build more defensible capital plans. Energy teams gain better visibility into efficiency and consumption patterns. Sustainability teams can better support Scope 1 and Scope 2 emissions goals. Store Operations benefit from fewer disruptions and more consistent comfort for employees and customers.

Built to Fit Customer Capital Planning Workflows

HVAC IQ Capital Planning is built to complement—not replace—existing capital planning processes. Customers can combine Verantum’s asset and store-level intelligence with their own business context, including ROI thresholds, store performance, remodel plans, lease status, and strategic priorities.

Rather than forcing customers into a single model, HVAC IQ gives them actionable asset intelligence they can apply within their own planning and prioritization workflows. Some customers may use the full range of HVAC IQ capabilities, while others may focus first on immediate facilities management priorities or capital planning use cases.

The result is a flexible, data-driven capability that helps customers move from reactive maintenance and age-based replacement toward condition-based asset management.

Part of a Broader HVAC Intelligence Platform

HVAC IQ’s Capital Planning functionality builds on Verantum’s existing HVAC IQ capabilities, which provide portfolio-wide visibility into asset health using comfort performance, fault signals, and unit-level Risk Scores. The new capability connects that asset intelligence to capital planning, extending HVAC IQ from operational prioritization into lifecycle decision support.

This launch advances Verantum’s Pillar 3 strategy: creating a condition-based asset lifecycle management platform for energy-intensive building assets. Over time, Verantum expects HVAC IQ to support increasingly advanced repair-versus-replace analysis, total cost of ownership modeling, and capital planning workflows across large commercial portfolios.

For more information on HVAC IQ Capital Planning, visit: https://verantum.com/hvac-iq-capitalplanning.

About Verantum

Verantum establishes sustained performance across energy-intensive assets and complex commercial portfolios. The company unifies HVAC, refrigeration, lighting, and building automation systems into a closed-loop framework of Collect. Analyze. Act. Performance issues are identified early, prioritized by operational and financial impact, executed through coordinated workflows and services, and measured to ensure results hold over time.

Trusted by organizations managing tens of thousands of buildings worldwide, Verantum helps reduce operational risk, extend equipment life, and ensure performance holds across portfolios, seasons, and years.

Building performance, delivered.