Evolutions in Technology, Delivery Models, and Customer Demand are Spurring the Digital Transformation of Commercial Buildings, According to Navigant Research

Intelligent buildings are becoming dynamic systems for managing energy consumption for efficiency and non-energy business improvements, report finds

BOULDER, Colo.–(BUSINESS WIRE)–#Buildings–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. Click to tweet: According to a new white paper from @NavigantRSRCH, evolutions in technology, delivery models, and customer demand are building the thrust for the digital transformation of commercial buildings.

“The unyielding pressure to be connected is beginning to transform expectations for how commercial buildings are operated,” says Casey Talon, principal research analyst at Navigant Research. “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 the top 10 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 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 website.

About Navigant Research

Navigant Research, the dedicated research arm of Navigant, provides market research and benchmarking services for rapidly changing and often highly regulated industries. In the energy sector, Navigant Research focuses on in-depth analysis and reporting about global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of the Energy Technologies, Utility Transformations, Transportation Efficiencies, and Buildings Innovations sectors. Additional information about Navigant Research can be found at www.navigantresearch.com.

About Navigant

Navigant Consulting, Inc. is a specialized, global professional services firm that helps clients take control of their future. Navigant’s professionals apply deep industry knowledge, substantive technical expertise, and an enterprising approach to help clients build, manage and/or protect their business interests. With a focus on markets and clients facing transformational change and significant regulatory or legal pressures, the Firm primarily serves clients in the healthcare, energy and financial services industries. Across a range of advisory, consulting, outsourcing, and technology/analytics services, Navigant’s practitioners bring sharp insight that pinpoints opportunities and delivers powerful results. More information about Navigant can be found at navigant.com.

* The information contained in this press release concerning the report, 10 Trends for Intelligent Buildings in 2017 and Beyond, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.

Contacts

Navigant Research
Lindsay Funicello-Paul, +1-781-270-8456
lindsay.funicello.paul@navigant.com