by Brianna Crandall — April 26, 2017 — A new white paper from Navigant Research highlights the top 10 trends for the intelligent buildings market in 2017, including the major 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. This 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.
According to the white paper, evolutions in technology, delivery models, and customer demand are building the thrust for the digital transformation of commercial buildings.
Casey Talon, principal research analyst at Navigant Research, stated:
The unyielding pressure to be connected is beginning to transform expectations for how commercial buildings are operated. 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 information technology (IT) with traditional building automation and controls are changing the industry of facilities management (FM). 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 the top 10 trends for the intelligent buildings market in 2017 based on recent Navigant Research syndicated research report findings and ongoing technology investigations.
The paper 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 the major market issues driving investment in intelligent building solutions, as well as the business case and opportunities associated with various intelligent building solution areas. An Executive Summary of the report is available for free download on the Navigant Research Web site.