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  • Wednesday, August 29, 2012


    Smart Building Managed Services; Software as a Service plus Energy Management/NOC Services and On-Site Installation & Maintenance Services for Commercial Buildings: Global Market Analysis and Forecasts

    3Q 2012 (Pike Research/Navigant)

    “…[T]he adoption of sophisticated energy management systems in commercial buildings has been proven to reduce energy consumption and greenhouse gas emissions. The ability of these systems to process and analyze huge volumes of energy-related data has shifted the way buildings are designed, built, and operated, but it has also proven challenging for the people who operate buildings on a daily basis…

    “…Recent economic conditions have caused building owners to cut back on both the numbers and types of personnel that they hire, shifting operational priorities from efficiency generating projects to those that are an absolute necessity…Smart building managed service providers have stepped to the fore…[M]anaged service vendors work closely with clients, effectively becoming an extension of the building’s own staff…”

    “The competitive landscape for smart building managed services [SBMS] is evolving at a quick pace driven by new technologies, big data, and a wide variety of service models. Large established market players and OEMs such as Johnson Controls, Siemens, and Schneider Electric have a strong foothold…More focused companies such as Ecova and Pacific Controls have leveraged their independence from the larger OEMs to build strong relationships with their clients, while large IT companies such as IBM and HP have become strong competitors…

    “[Pike Research projects that SBMS growth rates from 2012 through 2020 will outpace projected growth rates for the BEMS [building energy management service] market and will signal increasing market demand for a more service-oriented approach…In 2012, SBMS market spending amounts to $291 million. It will grow to $1.1 billion by 2020, the end of the forecast period, representing a compound annual growth rate (CAGR) of almost 18%]…”


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