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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 […]
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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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