New Partnerships, Trends Are Transforming the Smart-Building Sector: ABI
The smart-building market is entering a new phase with partnerships between big companies like Siemens, Bosch and Honeywell “accelerating smart building solutions across hospitals, campuses, and data centers,” ABI said in a report released Tuesday. It cited trends such as…
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smart lighting, advanced sensing and AI-optimized heating, ventilation and air conditioning. “Building operators are looking to reduce energy costs, meet growing climate regulations, and enhance occupant experiences,” ABI said. To meet those needs, the smart-building industry “is entering a new phase of growth that involves a wave of strategic alliances, breathing new life into older structures, and expanding into new markets.”