IDC Energy Insights publishes two smart building maturity model reports

by Shane Henson — March 5, 2012—IDC Energy Insights, a provider of market research, analysis and consulting services that support energy businesses, information technology (IT) leaders, and the suppliers who serve them in decision making in the life sciences, recently announced the availability of two complementary Smart Building Maturity Model reports for vendors and for end users engaged in or exploring new opportunities in this rapidly growing marketplace.

The first report, Business Strategy: Smart Buildings Maturity Model for End Users, (Document #EI233133), serves as a tool for building management decision makers as they evaluate their facilities, and define investment priorities that will advance their properties toward becoming smart buildings.

The second report, Business Strategy: Smart Buildings Maturity Model for Vendors (Document #EI233130) defines an ecosystem of energy management solutions for commercial and industrial buildings and presents a framework that enables technology vendors to evaluate the sophistication of their particular solutions and the market’s overall competitive landscape.

According to IDC Energy Insights, the global smart buildings technology market is expected to experience a 27 percent compound annual growth rate from 2010-2015, as energy efficiency becomes an increasingly valuable operational asset to the facilities management industry. The maturity model provides a framework for understanding the growing ecosystem of smart building solutions and serves as a tool for communicating the benefits of investing in increasingly sophisticated energy management technologies.

IDC Energy Insights defines the smart buildings market in six technology verticals:

  • Heating, ventilation, and air conditioning
  • Lighting
  • Plug loads
  • Fire & security
  • Distributed energy resources
  • Analytics & data management

As such, the maturity model is based on a five-point scale of maturity for each technology segment in terms of functionality. The cornerstone of the maturity model is the idea that a truly optimized smart building will have fully integrated control and automation systems providing unprecedented visibility into facility operations for real-time adaptation to external signals and internally generated policies, says the company.