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 […]