Pressure to Connect Is Changing Building Management: NavigantDavid Wagman | March 10, 2017
A white paper from Navigant Research highlights 10 trends for the intelligent buildings market in 2017, including market issues driving investment in intelligent building solutions, as well as the business case and opportunities associated with various intelligent building solution areas.
The promise of revenue growth, improvements in operational efficiency, and meeting corporate sustainability goals are the fundamental drivers that have encouraged the development of the intelligent buildings marketplace, Navigant says. Momentum continues to grow as intelligent building technology becomes more sophisticated and as shifting customer demands, climate change mitigation goals, power reliability concerns, and budget constraints increase interest.
“The unyielding pressure to be connected is beginning to transform expectations for how commercial buildings are operated,” says Casey Talon, principal research analyst. “As a result, 2017 is poised to tip the scales for investment in intelligent building technologies.”
According to the white paper, the rapid deployment of cost-effective data acquisition devices and the integration of IT with traditional building automation and controls are changing the industry of facilities management. With an evolving menu of software analytics and energy management services that leverage data to provide actionable insights for efficiency and optimization, intelligent buildings are becoming dynamic systems to manage energy consumption for efficiency and non-energy business improvements.
The white paper, 10 Trends for Intelligent Buildings in 2017 and Beyond, presents trends for the intelligent buildings market in 2017 based on recent Navigant Research syndicated research report findings and ongoing technology investigations.
It focuses on evolutions in technology, delivery models, and customer demand that are building the thrust for the digital transformation of commercial buildings. The paper presents market issues driving investment in intelligent building solutions, as well as the business case and opportunities associated with various intelligent building solution areas.