Siemens Builds Up Its Smart Building Proposition By Acquiring A Trio Of Innovative Start-Ups
28 Sep, 2018
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Executive Summary
In recent months global technology firm Siemens has made a series of announcements that will impact its Building Technologies division. It has strengthened its portfolio of solutions for smart buildings by acquiring Comfy, Enlighted and J2 Innovations. Then in August 2018, Siemens launched a new company strategy, “Vision 2020+”, that sets out a pathway to make the firm nimbler and more profitable in an era of fast-moving digitalization. This report analyses Siemens’ trio of acquisitions in the smart building market and reviews what building operators should expect from Siemens in the future. To maximize the synergies from these new acquisitions with existing capabilities, Verdantix believes that Siemens needs to work at turning complementary products into a coherent proposition.
Siemens Builds Up Its Smart Building Proposition By Acquiring A Trio Of Innovative Start-Ups
Acquisitions of Comfy, Enlighted And J2 Innovations Expands Siemens’ Solution Set For Smart Buildings
Investment In Start-Ups Supports Siemens’ 2020+ Vision To Drive Innovation In The IoT
Recent Investments Will Support Siemens In Delivering More User-Centric Building Solutions
Siemens Needs To Turn Complementary Products Into A Coherent Proposition
Acquisitions of Comfy, Enlighted And J2 Innovations Expands Siemens’ Solution Set For Smart Buildings
Investment In Start-Ups Supports Siemens’ 2020+ Vision To Drive Innovation In The IoT
Recent Investments Will Support Siemens In Delivering More User-Centric Building Solutions
Siemens Needs To Turn Complementary Products Into A Coherent Proposition
Figure 1. Summary Of Siemens’ Vision 2020+ Firm Strategy
About the Author
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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