Riaz Raihan: Industrial AI That Moves the P&L

In this episode of the Titanium Economy Podcast, Mohit Jaju, President and Head of Operations Excellence at Ayna, speaks with Riaz Raihan, Chief Digital Officer of Trane Technologies, about how AI and digital innovation are transforming industrial manufacturing and sustainable buildings. Riaz shares how Trane Technologies is using AI, IoT, and predictive analytics to optimize HVAC systems, reduce energy waste, and accelerate its net-zero goals.

In this episode

• Digital as the engine of sustainability: From eliminating hundreds of thousands of truck rolls to deploying AI-driven HVAC optimization, digital is Trane Technologies’ primary mechanism for delivering on its Gigaton Challenge commitments.
• The BrainBox acquisition — AI as HVAC autopilot: BrainBox was piloted across multi-site deployments before acquisition, validating 25 to 30% energy reduction. Riaz’s autopilot analogy: aircraft are on course less than 5% of the time, corrected by continuous micro-adjustments. BrainBox does the same for buildings.
• Three AI pillars — growth, transformation, and employee experience: Employee productivity gets organic experimentation. Enterprise transformation demands P&L discipline. Perfect data is a myth — the top 20% of data drives 80% of value.
• AI saves more energy than it uses: Globally, HVAC accounts for roughly 10% of energy consumption. AI can reduce that by 30%. The resulting savings are approximately 4x the total energy consumed by all data centers worldwide. It’s not a technology problem — it’s an execution problem.
• Talent, the CDO role, and the building of the future: The commercial building of the future integrates AI, cloud BMS, thermal storage, dual-fuel systems, and on-site generation. The CDO is a revenue-generating growth vector, not an IT function.

About our guest

Riaz Raihan is SVP and Chief Digital Officer of Trane Technologies, the $21B global climate innovator behind the Trane Technologies and Thermo King brands. A mechanical engineer by training and Stanford Management Program graduate, he led multi-billion-dollar business units at SAP, Cisco, and Infor before joining Trane Technologies as its first CDO. He is a member of MENSA International and the Forbes Technology Council.