Global Corporate Survey 2019: Smart Building Technology Budgets, Priorities & Preferences
Susan Clarke
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Executive Summary
This report helps real estate and facility directors to benchmark their firms’ smart building technology strategies, investments and priorities over the next 12 months. It also helps facility services firms and providers of smart building technologies to align their business and product plans with market demand. The data was gathered through 304 phone interviews with firms across 18 industries and all major economies. The survey reveals how improving the comfort of occupants has becoming the top objective for firms. More than half the firms interviewed anticipate budgets will grow for different types of real estate and facilities software, with new investments going to space and workplace management, capital planning and maintenance management. The IoT is making its mark too, with a growing number of firms looking to invest in IoT platforms.Annual Global Survey Of Over 300 Real Estate Occupiers
Corporate Real Estate Executives Aim To Balance Occupant Experience With Cost Efficiency
Employee Wellbeing Trumps Cost Efficiency In Real Estate Strategies For A Second Year Running
Space Utilization And The IoT Will Shape Facilities Strategies Over The Next Three Years
Executives Plan To Extend Investments In Facilities Management And Workplace Technologies
Executives Tap Into Multiple Functions To Fund Technology Investments
Firms Plan To Expand Deployments Of Workplace Technologies And Environmental Sensors
Executives Are Planning To Expand Software Deployments Across Real Estate And Facilities Processes
Executives Hold Different Visions For Data Management In The Future
Real Estate Executives Are Evaluating Their Options To Expand Their Use Of The IoT
Figure 2. Industry Categories Of Firms Surveyed
Figure 3. Real Estate Strategic Objectives Over The Next Three Years
Figure 4. Real Estate Executives’ Priority Initiatives For The Next 12 Months
Figure 5. Market Trends Shaping Real Estate Strategies Over The Next Three Years
Figure 6. Business Functions Funding Real Estate Technology Implementations
Figure 7. Smart Building Technology And Services Expenditure Changes For 2020
Figure 8. Smart Building Hardware Deployments
Figure 9. Software Investment By Real Estate And Facilities Management Process
Figure 10. Software Investment Plans By Type Of Software
Figure 11. Real Estate Executives’ Software Strategies For The Next Five Years
Figure 12. Deployment Of IoT In Facilities Management Across Nine Usage Scenarios
About the Authors
Susan Clarke
Research Director
Susan leads the Verdantix Smart Buildings practice. Her current research agenda focuses on software solutions for real estate management including integrated workplace managem...
Rodolphe d’Arjuzon
Chief Product Officer and Co-Founder
Rodolphe co-founded Verdantix in 2008. As Chief Product Officer, he leads the firm’s research strategy and intellectual agenda. With over 20 years of experience in techn...
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