Smart Buildings

New Partnerships Underline IBM’s Smart Building Ambitions

Last week, KONE, a global company in the elevator and escalator industry, entered into an agreement with tech giant IBM, where KONE will use IBM's technology and experience to harness the potential of digitalisation and the Internet of Things (IoT) in smart buildings. KONE stated that it “will use IBM's Watson IoT Cloud Platform to collect and store equipment data, build applications and develop new solutions”. The platform will gather data from sensors and systems connected to elevators, escalators, doors and turnstiles in KONE's maintenance base. Then, combined with IBM's advanced analytics engine, that information will be used to enable new services and new experiences for customers. "Our agreement with IBM is exciting and it is an important stepping stone to deliver the best People Flow experience", says Henrik Ehrnrooth, President & CEO of KONE Corporation. "We operate in a connected world and by working with IBM, new solutions like improved remote diagnostics and predictability […]

Stay ahead of the pack

with the latest independent smart building research and thought leadership.

Have an account? Login

Subscribe Now for just $200 per year per user (just $17 USD per month) for Access to Quality Independent Smart Building Research & Analysis!

What Exactly Do you Get?

  • Access to Website Articles and Notes. Unlimited Access to the Library of over 1,700 Articles Spanning 10 Years.
  • 10% discount on ALL Memoori Research reports for Subscribers! So if you only buy ONE report you will get your subscription fee back!
  • Industry-leading Analysis Every Week, Direct to your Inbox.
  • AND Cancel at any time
Subscribe Now

Last week, KONE, a global company in the elevator and escalator industry, entered into an agreement with tech giant IBM, where KONE will use IBM's technology and experience to harness the potential of digitalisation and the Internet of Things (IoT) in smart buildings.

KONE stated that it “will use IBM's Watson IoT Cloud Platform to collect and store equipment data, build applications and develop new solutions”. The platform will gather data from sensors and systems connected to elevators, escalators, doors and turnstiles in KONE's maintenance base. Then, combined with IBM's advanced analytics engine, that information will be used to enable new services and new experiences for customers.

IBM_Data

"Our agreement with IBM is exciting and it is an important stepping stone to deliver the best People Flow experience", says Henrik Ehrnrooth, President & CEO of KONE Corporation. "We operate in a connected world and by working with IBM, new solutions like improved remote diagnostics and predictability means we will deliver better services for our customers and great experiences for the people who use our equipment".

With the IoT platform, KONE ecosystem partners and third parties can create new services and integrate existing services via Application Programming Interfaces (API). These new services will range from solutions that improve people flow in buildings and new smart building applications; to others that advance the speed, reliability and safety for elevator maintenance, as well as remote monitoring and servicing.

KONE will also work with IBM and its partners from various industries, through IBM's global facilities, real estate and IoT developer ecosystems. This will bring global scope and scale to a development environment for new kinds of services for some of the world's busiest cities and buildings.

"Efficient, people-centric cities and buildings are better for business, societies and economies. Central to this is how people move around within them, and intelligent systems are poised to make their experience more convenient, intuitive and enjoyable", said Harriet Green, General Manager, IBM Watson Internet of Things. "With IBM's cognitive IoT technologies, KONE is embedding intelligence across its operations and driving a wave of innovation in smarter buildings".

A few days after the KONE announcement, at IBM InterConnect 2016, Siemens Building Technologies Division and IBM announced combined cloud-based solutions. The partnership will leverage Siemens’ building expertise and IBM's IoT capabilities to maximise the potential of connected buildings and the data they create, helping corporate real estate owners across multiple industries drive business results and meet energy efficiency goals.

“Connected ‘things’ — everything from hospital beds, train tracks, cars, buildings and more are generating massive amounts of data that can be analysed to provide quick, actionable insights”, said Harriet Green, General Manager, Watson IoT, Education & Commerce at IBM.

Siemens will integrate software from IBM's Watson IoT Business Unit into its own cloud-based Navigator energy and sustainability management platform. Consequently, predictive analytics can be applied for fault detection and diagnosis so potential issues can be addressed before anything happens and text recognition and analytics for utility invoice validation can identify billing errors and enhance data quality.

“By interfacing our Navigator platform with IBM’s software, we can bring Siemens’ proven expertise in energy optimisation and building performance together with IBM’s real estate and asset management systems to create an unrivalled combination that will dramatically improve the productivity of buildings", says Matthias Rebellius, CEO at Siemens Building Technologies Division.

We wrote about these types of partnerships in an article earlier this week titled - The Evolution of BIoT… Will it be Top Down or Bottom Up? So we expect that to penetrate the existing retrofit business, which is potentially a much larger market than new construct buildings, to be pioneered by the major system suppliers joining forces with the major IT Software companies to deliver a cost effective Internet of Things in Buildings.

[contact-form-7 id="3204" title="memoori-newsletter"]

These two agreements come less than a month after IBM announced it is collaborating with Wind River, a company delivering software for the IoT. The alliance intends to advance IoT deployments for industrial customers with new “edge-to-cloud” recipes designed to simplify and accelerate the development of smart connected devices.

The IBM and Wind River recipes and reference architectures also provide the necessary building blocks required for a complete IoT solution, including device management and the application of IBM machine learning to IoT. The reference architectures will include capabilities to manage and deploy devices and systems across market segments, including smart building, transportation, factory automation, and healthcare.

This raft of partnerships underlines IBM’s ambitions in the wider smart building sector, and its strategy to reach for those ambitions using the IoT. Building Automation Services (BAS) with a whole range of sensors and devices from building energy controls to physical security products are gradually but inevitably morphing into a more comprehensive and fully automated Building Internet of Things (BIoT) solution, and we have written extensively about this in a report - The Transformation of BAS into the Building Internet of Things - http://memoori.com/portfolio/transformation-BAS-to-BIoT-2015-2020/

Most Popular Articles

Digital Twins Smart Building
Smart Buildings

The Hero We Deserve? A Balanced Look at Smart Building Digital Twins

The Digital Twins concept continues to generate a significant amount of buzz in the smart building market. This technology, which seeks to create virtual representations of physical structures, offers a tantalizing promise of increased efficiency and sustainability. At the heart of the digital twin phenomenon is the creation of a dynamic, digital counterpart of a […]

Complimentary Article Occupancy Analytics Hybrid Working
Smart Buildings

Mapping the Occupancy Analytics Market Landscape 2023

Occupancy Analytics has been a growing force in commercial buildings for the last decade but, accelerated by the pandemic, this broad range of technologies is becoming critical to progressive buildings in recent years. Our new comprehensive market report on Occupancy Analytics and Location-Based Services offers an objective assessment of the dynamic space from 2023 to […]

Synectics Coex C3000 Camera
Security

Synectics Physical Security Business & 2022 Financials Examined

In this Research Note, we examine Synectics plc, the listed UK provider of large-scale electronic security systems for critical and regulated environments. This article is based on their 2022 Annual Results, Investor presentation, 2022 Annual Report and press releases throughout the year. Based in Sheffield, UK, the company’s expertise is in providing solutions for specific […]

Subscribe to the Newsletter & get all our Articles & Research Delivered Straight to your Inbox.

Please enter a valid email

Please enter your name

Please enter company name

By signing up you agree to our privacy policy