Better doesn’t always mean more expensive. Crestron just announced plans to ship its CP3 3-Series Control System—and it costs the same as its predecessor.

The new system also boasts faster processing speeds, more memory, high-efficiency multitasking capabilities, external storage options, built-in BACnet support, and enhanced IP security. Powered by the Core 3 operating system, the CP3 can handle AV, lighting, HVAC, energy management, BMS and all other connected systems in a variety of settings.

Designed to run up to 10 independent programs simultaneously, the CP3 promises a better overall system architecture. That reduces maintenance issues and downtime.

“CP3 is more than just a new control system. It’s the future of networked, integrated building and home control,” said Fred Bargetzi, Crestron’s VP of technology. “The new 3-Series systems are the backbone of the most powerful control networking platform available today. At up to 10 times faster than 2-Series processors, CP3 takes integrated building technology to a powerful new level of control functionality.”

Other features include BACnet/IP and SNMP support, compatibility with Fusion RV Remote Asset Management Software, and the option for control via an iPhone, iPad or Android mobile.

Compact and rack-mountable, the CP3 has a USB 2.0 port and MMC memory card slot, as well as an included PW-2420RU power supply. The CP3 is expected to replace Crestron’s 2-Series processors, with additional 3-Series control systems expected over the next year.