The Internet of Things, part of the Fourth Industrial Revolution, will invoke the most powerful market transition in the Smart Building Space over the next 10 years. This will cause massive disruption opening up new business opportunities that will require not just innovative application of technology but also new business models that can trail blaze new markets. Memoori’s brand new report Startups and Their Impact on Smart Buildings shows how this is forcing major corporations to rapidly reinvent themselves, and tap into new reservoirs of talent because incremental improvements will not deliver the core solutions or services that will be required to deliver the next multi-billion dollar business. The report outlines the fundamental change in the last 2 years in the nature of collaboration between established incumbents and early stage startups, which is now regarded by many players as being critical to their respective success. Corporations and startups have begun working together in fundamentally new […]