Giving Compass’ Take:
• Casey Talon, writing for Smart Cities Dive, outlines three industry trends for intelligent buildings in 2020 that will impact how businesses and infrastructure are tackling climate change.
• How else can companies contribute to mitigating the impacts of climate change and play a role in smart building?
There is a dramatic uptick in the focus on the climate emergency by corporations worldwide. While national and regional climate policy is defined in some geographies, the topic is politicized, and action is fragmented in the U.S.
Despite this fragmented landscape, 2020 will be the inflection point for decarbonization of buildings charioted by the business-relevant and economically viable intelligent building solutions market. The transformation to a smart building is only the foundation for more wide-reaching and impactful opportunities for corporate and commercial real estate.
The economics of building ownership are changing in the era of digital transformation and climate change. Building-to-Grid (B2G) is an emerging platform that supports digital facilities and homes that are ready for the future, optimizing energy consumption, comfort and experience.
Looking forward, there are three major industry trends for intelligent buildings that will change the trajectory for market development. These trends indicate that the intelligent buildings market will see greater investment across verticals and regions in 2020.
- Intelligent building investment will be a priority for addressing the climate crisis
- The master systems integrator business will bolster market leadership
- The PropTech wave will show an infusion of funding
These three predictions are complementary; they characterize the pressures driving growth in demand and highlight opportunities for intelligent building solutions providers to deepen relationships with potential customers and bolster their financial well-being. The bottom line is the built environment will benefit from digital technologies along many dimensions and 2020 will see greater investment across verticals and regions to bring business improvement and help tackle climate change.
Read the full article about intelligent buildings by Casey Talon at Smart Cities Dive.
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