Smart Buildings

Utilities Invest in Energy Software & Services for Commercial Buildings

This article was written by Daphne Tomlinson of Tomlinson Business Research. As the global energy sector experiences major disruption and fundamental transformation, utility companies are adjusting their business models towards new technologies and services aimed at differentiating themselves in tomorrow’s energy market. The opportunity for utilities to leverage Smart Building technologies to offer innovative services has been recognized by many firms, who have acquired companies or invested in strategic alliances and technology projects. One area of focus has been to gain a foothold in the market for energy efficiency and optimization solutions and services for commercial and industrial customers. 3 categories of investment can be identified; target companies offering 1. Building energy management systems 2. Energy data analytics software and customer engagement platforms 3. Or building management systems integration and energy services. Building Energy Management Systems Strategic partnerships and technology acquisitions in 2015 have included: ERM Power, the second largest supplier of power to business […]

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