Smart Buildings

Nordomatic Smart Buildings Business Examined

In this Research Note, we examine Nordomatic, the largest independent integrator of open, cloud-based smart building solutions in the Nordic region. This analysis is based on the Nordomatic 2021 Sustainability Report and their strategy to achieve global impact leadership within Smart Buildings by 2025. Founded in 1967 and headquartered in Stockholm, Sweden, Nordomatic reports a turnover of around SEK 1 billion (around $100 million), with almost 600 employees. With a presence in Sweden, Denmark and Norway, the group offers full lifecycle capabilities for its customers – from new project integrations, retrofits and upgrades to aftermarket service and support. Its BMS solutions integrate and manage a building’s heating/cooling, lighting, access control and security as well as fire control.   Nordomatic’s business delivery model is split between: BMS Integration solutions and services: for new buildings or total refurbishments. This represents approximately 45% of total revenues.BMS Upgrade & Service for existing buildings, which represents ca 52% of total revenues.BMS Managed Cloud Services: Internet of Things and Cloud technologies […]

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