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The Internet of Things (IoT) industry regards commercial and industrial buildings as the third most important market for its technology and products. Not surprising... given that the world market for all types of Building Automation Systems (BAS) for these buildings was $120Bn in 2014 and will grow at around a CAGR of 9% to reach a $155Bn in 2020; Not including the technical market potential of a further $76Bn when delivering the ultimate in fully automated Building Internet of Things (BIoT) systems - http://memoori.com/portfolio/transformation-BAS-to-BIoT-2015-2020/ It would appear that much more effort and focus on removing the obstacles is going to be required by both the suppliers of BAS services and the IoT industry if it is going to realise this massive latent potential. The objective of integrating all the different BAS services is to improve the performance of buildings. There is a natural interrelationship between all these technical services and our report The Transformation of […]
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Several smart building startups will trial energy efficiency, HVAC optimization, and energy storage technology across Amazon fulfillment centers and warehouses in Europe after winning funding in this year’s Amazon Sustainability Accelerator (ASA). The 2024 ClimateTech Pilot Challenge has welcomed startups that have moved beyond prototype testing and are working towards generating initial revenue and growing […]
This Research Note examines what’s behind the acquisition of Danfoss Fire Safety A/S by Siemens Smart Infrastructure announced on 8th October 2024. We review the transaction details, the strategic rationale, the SEM-SAFE fire protection system, and deployments before assessing how this acquisition fits into Siemens fire safety portfolio. Transaction Details Siemens Smart Infrastructure has agreed […]
In today’s complex commercial real estate landscape, energy management has become a critical focus for asset managers, property managers, and facilities managers. As urbanization accelerates, energy demand grows, and the energy market becomes more volatile, optimizing energy use is no longer just about lowering costs, it has become a key factor in achieving sustainability, resource […]
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