Smart Buildings

Mapping the Strategic Direction of Johnson Controls – Part 1

This Research Note examines the emerging strategic priorities of Johnson Controls (JCI) in the smart buildings space. We have mapped acquisitions, divestments, strategic partnerships and investment activity to ascertain the growth ambitions of the group, by categorizing the various business relationships by technology and investment type over a 3-year period. This article, part 1 of a 2-part analysis, is intended as a non-exhaustive indicator of JCI’s strategic direction between June 2019 and September 2022. Since April 2019, when Johnson Controls closed the sale of its Power Solutions battery manufacturing and energy storage division, the company has focused on being a building technologies pure player. More recently, JCI leadership has outlined several main priorities to capitalize on key growth drivers, such as decarbonisation, healthy indoor environments, and digital building technology. The business plans to accelerate development of high-growth digital services, primarily by transforming its large service business with differentiated solutions and innovative deal structures through the OpenBlue platform launched in 2020. We noted in November 2019 that having […]

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