Green Quadrant: IoT Platforms For Smart Buildings 2022
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Executive Summary
This report provides a detailed fact-based comparison of the 17 most prominent Internet of Things (IoT) platforms for smart buildings available on the market today. Based on the proprietary Verdantix Green Quadrant methodology, the analysis brings together information from extensive live product demonstrations with vendors, their responses to a 154-point questionnaire and insights from a survey of 285 real estate executives. The analysis finds that leading vendors have expanded their capabilities to deliver more comprehensive applications across areas such as asset monitoring and maintenance, energy management, space monitoring, and building security. The evaluation of capabilities and market momentum reveals that four firms — JCI, Schneider Electric, Siemens and Spacewell — currently lead the market, whilst other providers have strong capabilities in specific areas. Corporate real estate executives and technology buyers should use this report to understand the leading offerings in the market and the vendors that will best meet their needs.The State Of The Market For IoT Platforms For Smart Buildings
IoT Vendors Are Delivering More Comprehensive Platforms
Advanced Analytics And Improving Connectivity Will Drive Future Adoption Of Building IoT Solutions
Firms Are Increasingly Leveraging IoT To Tackle Key Strategic Objectives
Cost Reduction, Occupant Wellbeing And Building Decarbonization Are The Foremost Real Estate Strategy Drivers
Leading IoT Use Cases Reflect The Most Prominent Strategic Priorities
Building IoT Platform Investment Levels Will Soon Catch Up With Other Major Software Technologies
Real Estate Managers Face Prominent Challenges Around Data Integration And Cybersecurity
Cutting Costs And Improving Efficiency And The Occupant Experience Lead The Business Case For IoT
Green Quadrant For Smart Building IoT Platforms 2022
Green Quadrant Methodology
Inclusion Criteria For The IoT Platforms For Smart Buildings Benchmark
Evaluation Criteria For IoT Platforms For Smart Buildings Providers
Accruent Leverages IoT For Comprehensive Maintenance Work Order Management
Carrier Extends Building Automation Heritage To Offer Maintenance And Comfort Optimization Services
Clockworks Analytics’s Market-Leading Fault Detection And Diagnostics Drive Predictive Maintenance Capabilities
Energisme’s Strengths In Data Connectivity Enable Richer Building Insights
Honeywell Forge Differentiates Through Its Integration Of IoT And Financial Data
Infogrid’s Innovative Sensor Deployment Strategy Empowers Rapid Building Digitization
Johnson Controls Empowers Building Managers To Balance Energy Efficiency, Comfort And Wellness Objectives
LTTS Focuses IoT Efforts Around Enhancing The Occupant Experience
Planon Leverages Strategic Integrations To Enhance Its IoT Offering
PointGuard Promotes Elevated Building Efficiency And Smarter Capital Expenditure
Schneider Electric Delivers Advanced Energy Management And Market-Leading Sustainability Functionality
Siemens’s Comfy App Deepens Space Monitoring And Workplace Services Offerings
Spacewell’s DEXMA Acquisition Drives Strong Energy Management Functionality
Spica Technologies Delivers An Enhanced Occupant Experience Through Smart Cleaning And Mobile Services
Switch Automation Brings Data Connectivity Strengths To Facilitate Digitization
Thing Technologies Delivers A Modern Tenant Experience Through Its Mobile Application
ThoughtWire Exploits Digital Twin And AI Capabilities For Asset Maintenance And Comfort Controls
Figure 2. IoT Deployment Levels For Facilities Management Processes
Figure 3. Smart Building Security Hardware And Software Deployments
Figure 4. Software Investment By Type Of Software
Figure 5. Smart Building Technologies Expenditure Changes For 2022
Figure 6. Strategies For Real Estate And Facilities Software Over The Next Five Years
Figure 7. Building IoT Platform Technology Stack
Figure 8. Suppliers And Software Assessed
Figure 9-1. Capabilities Criteria For IoT Platforms For Smart Buildings
Figure 9-2. Capabilities Criteria For IoT Platforms For Smart Buildings
Figure 9-3. Capabilities Criteria For IoT Platforms For Smart Buildings
Figure 10. Momentum Criteria For IoT Platforms For Smart Buildings
Figure 11-1. Vendor Capabilities Scores
Figure 11-2. Vendor Capabilities Scores
Figure 12. Vendor Momentum Scores
Figure 13. Green Quadrant IoT Platforms For Smart Buildings 2022
About the Authors
Dayann Charles
Manager, Advisory Services
Dayann is a Manager in the Verdantix Advisory Services team. He has led a wide variety of consulting projects across all the Verdantix practices, with a particular focus on ES…
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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…
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