Transformational Trends in the Global Building Energy Management Solutions Industry (2016)

Feb 09, 2016, 09:26 ET from Reportlinker

NEW YORK, Feb. 9, 2016 /PRNewswire/ -- Transformational Trends in the Global Building Energy Management Solutions Industry (2016) : Software Embedded Control and Cloud Solutions will Pave the Way for Service-Based Business Models

In the era of smarter buildings, the future of energy management is being transformed by the Internet of Things (IoT), Big Data, and technology-enabled customer-centric business models. The study looks at the five most important transformational trends at present that will shape the building energy management solutions (BEMS) industry over the next five years, as well as explores the likely visionary outcomes in the BEMS industry by 2025.

Conclusions and Predictions

A high level of technology innovation has taken place in the last years in the energy and environment industry with smart technology redefining the landscape. The next years will be the era of business model innovation as suppliers fight to maximise the real benefits for customers.

Performance contracting will become customers' preferred business model and suppliers will need to develop service capabilities or partner with facility management (FM) companies or energy service providers in order to operate in the most dynamic part of the market.

The ongoing convergence of operating technology (OT) and information technology (IT) means that the highest percent of new entrants will continue to be in the fields of software, data analytics, and cloud services.

Partnership between companies which can offer transformational impacts to BEM solutions and building technology companies will give rise to new BEM solutions and accelerate development of service business models in the future.

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