Smart Buildings

M&A brings Focus & Consolidation to the Building Performance Software Business

Memoori’s recent report on the Building Performance Software (BPS) business demonstrates that despite some 150 confirmed acquisitions in the last 6 years, the industry has at least 350 established suppliers delivering across 16 different market segments. These segments overlap and can cause confusion for buyers when they try to evaluate the best Return on Investment. This is particularly critical now that the major real estate owners are in the midst of investigating the impact of the Building Internet of Things (BIoT) on their business and they need to know what the BPS industry is doing to help them meet this challenge. Well the good news is that our report shows that right across the western world M&A, Investment and Strategic Alliances is working hard to bring together software solutions to meet the BIoT challenge. This is absolutely vital because the data from these software packages will eventually need to be transferred to IoT Data Services. […]

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