This article was written by Daphne Tomlinson of Tomlinson Business Research. The announcement by UTC on 20 March 2017 of a $300 million investment in a Digital Accelerator based in Brooklyn, New York is another example of the trend by building technology suppliers to step up their digital innovation efforts. The accelerator will serve as a hub for attracting digital talent and unlocking the power of software and analytics to further broaden UTC’s leading portfolio of products and services for commercial buildings. UTC will recruit 250 new professionals specializing in product management, software development and data analytics "to create new sources of value with our products and services, drive productivity, and help improve customer operations". The need to increase speed and agility in developing smart connected products and services by leveraging software, analytics and the Internet of Things (IoT) has been recognized as a key factor in maintaining competitive advantage and accelerating digital transformation. Many […]
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Acquisitions, partnerships and investments are playing an increasingly important role in implementing strategic goals for major stakeholders in the built environment, particularly in providing access to the range of innovative technologies being developed in the smart buildings space. We have seen a wave of investment by real estate services firms into technology solutions in 2021 with […]
In this Research Note, we examine Nordomatic, the largest independent integrator of open, cloud-based smart building solutions in the Nordic region. This analysis is based on the Nordomatic 2021 Sustainability Report and their strategy to achieve global impact leadership within Smart Buildings by 2025. Founded in 1967 and headquartered in Stockholm, Sweden, Nordomatic reports a turnover of around SEK 1 billion (around $100 […]
Is there one simple thing the commercial real estate industry could do to improve technology outcomes? Yes! Break down knowledge silos and share information. That’s why we created the open-source Developers Smart Building Project Canvas with help from Vanti and LMG (lmgiq.com) Watch my presentation at last month’s Smart Building Conference to learn more about […]
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