Smart Buildings

New Players Fight for a Stake in the Building Internet of Things Market

As our recently published report shows – http://memoori.com/portfolio/internet-things-smart-buildings-2014-2020/ – smart, connected products offer exponentially expanding opportunities for new and improved functionality; as they cut across traditional product boundaries and add further capabilities. The changing nature of products is also disrupting value chains, forcing companies to rethink how they organise to meet new challenges and take advantage of the new business opportunities. There are a number of possible scenarios that may play out in the coming years: New market entrants from the IT world come up with their own viable building automation propositions and leverage their strengths in connectivity and / or data analytics to attract new customers. IT players choose to partner with incumbent building systems players to develop end-to-end solutions. IT service providers simply look to provide value-add services such as data analytics or visualization tools to the buildings market. Conglomerates attempting to expand their capabilities through acquisitions and organic growth to enable them […]

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