Global Corporate Survey 2021: IoT Platform Investment Plans By Industry
Susan Clarke
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Executive Summary
This report helps heads of marketing, product and strategy at smart building technology firms understand purchase plans for Internet of Things (IoT) platforms by industry. The report draws upon data gathered during the Verdantix 2021 corporate survey, in which we conducted interviews with 285 senior real estate decision-makers at organizations that occupy mid to large real estate portfolios. Our analysis finds that adoption of building IoT platforms has grown markedly in the last year, particularly across space monitoring and agile working usage scenarios. Investment in building IoT platforms is set to continue, with half the firms in seven industries looking to increase their spending on IoT in 2022. IoT implementations will be further boosted by lowering solution costs, adoption of private 5G networks and growing traction around sustainability.Deployment Of IoT Solutions Grows Significantly Across Space Utilization Monitoring And Hotdesking Scenarios
Smart Building IoT Platforms Will Experience Strong Cross-Industry Investment In 2022
Emerging Digital Innovations Will Drive Momentum For IoT Adoption
Figure 2. IoT Deployment Levels For Facilities Management Processes
Figure 3. Building IoT Platform Expenditure Changes For 2022 By Industry
Figure 4. Awareness Of Nine Digital Innovations For Real Estate Management
About the Authors
Dayann Charles
Senior Manager, Advisory Services
Dayann is a Senior Manager in the Verdantix Advisory Services practice, with extensive experience leading strategic projects across the Verdantix landscape. He specializes in ...
View ProfileSusan 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...
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