Smart Buildings

The Financial and Environmental Cost of Older Buildings

Every business and homeowner knows that older buildings are generally more costly to run and that the key reason is energy efficiency. The inefficiencies of older commercial and residential buildings not only drive costs up for owners and tenants, the environment also pays a high price for their continued existence. Buildings are the single biggest energy consuming element of our human world. US Green Building Council (USGBC) estimates that buildings account for an average of 41% of the world’s energy use, in a distant second and third you’ll find the industrial sector accounts with 30% and transportation with 29%. Building were even the focus of day 4 of the COP21 Climate Change Conference in 2015. Better understanding the inefficiencies of an older building and retrofitting it with modern technology is one solution. Moving to a newer building is another option. While the best way to rid yourself of energy efficiency woes would be to move […]

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Smart Buildings

Real Estate Service Firms Continue to Invest in Smart Building Tech in 2022

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 […]

Smart Buildings

Nordomatic Smart Buildings Business Examined

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 […]

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