It’s almost 15 years since the first home automation systems were introduced into the European market and so far they have failed to become a regular business. Their raison d’ ƒÂªtre was to reduce energy consumption and add a touch of excitement to our lifestyle. They applied the same technology that had successfully built up a new business in the commercial public and industrial building sector under the title Building Energy Management System or Building Automation System. In the UK alone in 1985 we identified 23 suppliers and of these 65% were new start companies. Today 5 companies supply 85% of the world market and none of the new starts are now around as most were acquired during the consolidation process. The brand names of some are still used because they introduced digital systems well before the majors but sadly they could not grow fast enough to retain their independence. It was not a lack […]
Acquisitions, partnerships and investments are playing an increasingly important role in implementing strategic goals for major stakeholders in the built environment, particularly in providing access to the range of innovative technologies being developed in the smart buildings space. We have seen a wave of investment by real estate services firms into technology solutions in 2021 with […]
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 […]
Is there one simple thing the commercial real estate industry could do to improve technology outcomes? Yes! Break down knowledge silos and share information. That’s why we created the open-source Developers Smart Building Project Canvas with help from Vanti and LMG (lmgiq.com) Watch my presentation at last month’s Smart Building Conference to learn more about […]
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