This Research Note examines the emerging strategic priorities of Siemens in the smart commercial buildings space. We have mapped acquisitions, mergers, strategic partnerships and investment activity to ascertain the Siemens Smart Infrastructure division’s growth 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 Siemens’ strategic direction between January 2020 and September 2022.  The Buildings business of Siemens is focused on accelerating growth in digital building operations through software acquisitions, investments and co-innovation with partners for their new Building X smart buildings SaaS software suite, previously covered in our July Research Note. Their Xcelerator platform and marketplace, announced in parallel with Building X, is an ecosystem of technology partners bringing together hardware, software and digital services from Siemens’ various portfolios as well as a range of certified third parties in order to make digital transformation easier, faster and scalable.  Our strategy mapping exercise highlights 16 partnerships, 3 […]