Green Quadrant IoT Platforms For Smart Buildings 2019
Dennis Callaghan
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Executive Summary
The IoT is set to bring a new dimension to how facilities are managed, controlled and optimised. This report provides a detailed fact-based comparison of the 13 most prominent IoT platforms for smart buildings available on the market today. Based on the proprietary Verdantix Green Quadrant methodology, the analysis is based on two-hour live product demonstrations and vendor responses to a 108-point questionnaire. To understand customer needs, Verdantix conducted in-depth interviews with 10 software buyers at organizations that occupy mid-to-large real estate portfolios and analysed the data from a survey of 304 real estate and facilities management decision-makers. This market is clearly at an early stage, with high levels of customer interest, but there are an equal number of questions on how to drive value from these solutions in practice. Our analysis concludes that seven vendors have taken an early lead in this market as they demonstrated an excellent breadth of functionality and good market momentum. The analysis also reveals that six other vendors offer strong propositions in asset and facilities management, energy management and space and workplace management.The IoT For Buildings and Facilities Remains A Very Nascent Space
Platform Expansion And Non-Traditional Competitors Will Shape The Future Of IoT In Buildings
Firms Are Just At The Start Of The Journey With IoT Platforms
Occupant Wellbeing, Cost Reduction And Space Utilization Will Drive Real Estate Strategies For The Next Year
IoT Platform Adoption In Real Estate And Complex Facilities Has Been Limited So Far
Data Management, Cost and Complexity Are Firms’ Biggest Challenges
IoT Footprints In Buildings Will Expand In The Next 24 Months
Boosting ROI While Protecting Privacy Will Shape The Business Case For Building IoT
Green Quadrant IoT Platforms For Smart Buildings 2019
Green Quadrant Methodology
Inclusion Criteria For The IoT Platform For Smart Buildings Benchmark
Evaluation Criteria For IoT Platforms For Smart Building Providers
Accruent Brings Asset Management Heritage And Expertise To IoT
EcoEnergy Insights Looks To Expand To Broader Market With Carrier
Envizi Expands From Energy Management To IoT Platform For Resource Optimization
Eutech’s iviva Puts Data Integration At The Centre Of IoT For Smart Buildings
Facilities Management IoT Startup Facilio Builds Momentum And Looks To Expand
GE Current’s IoT Approach Extends Smart Lighting To Energy Management
Johnson Controls Translates Buildings Expertise Into Recent But Compelling Entry To Building IoT Market
KGS Buildings Leverages The IoT For Asset FDD With Clockworks Product
Schneider Electric Expands Beyond Energy Management Into Building IoT Platform Play
Siemens Brings Together Homegrown And Acquired Products For Ambitious Smart Buildings Vision
Spacewell Focuses IoT Efforts On Space And Comfort Management
Switch Automation Digitizes Facilities Management Through The IoT
ThoughtWire Reaps Benefits Of Focus On Healthcare
Figure 2. Deployment Of IoT In Facilities Management Across Nine Usage Scenarios
Figure 3. Software Investment Plans By Type Of Software
Figure 4. Top Reasons For Implementing IoT Solutions
Figure 5. Suppliers And Software Assessed
Figure 6-1. Capabilities Criteria For IoT Platforms For Smart Buildings
Figure 6-2. Capabilities Criteria For IoT Platforms For Smart Buildings
Figure 7. Momentum Criteria For IoT Platforms For Smart Buildings
Figure 8-1. Vendor Capabilities Scores
Figure 8-2. Vendor Capabilities Scores
Figure 9. Vendor Momentum Scores
Figure 10. Green Quadrant IoT Platforms For Smart Buildings 2019
About the Authors
Dennis Callaghan
Principal Analyst
Dennis is a Principal Analyst at Verdantix, contributing to both the Operational Excellence and Smart Buildings practices. His current research agenda focuses on covering...
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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