Schneider Electric, Siemens, and Honeywell Are the Leading Intelligent Building Software Providers for Commercial Facility Optimization
Leading companies have distinguished themselves by offering a broad portfolio of applications that meet the growing and diverse needs of clients while delivering operational efficiencies
A new Leaderboard Report from Navigant Research examines the strategy and execution of 14 intelligent building software providers and their platforms for optimizing commercial facilities, with Schneider Electric, Siemens, and Honeywell ranked as the leading market players.
Intelligent building software is a growing market segment as commercial building owners and managers adopt new technologies for reducing energy use, increasing building efficiencies, and satisfying tenant demands for comfort, productivity, and sustainability. The latest software offerings integrate data from multiple building systems, providing valuable business outcomes previously difficult to achieve with point solutions. Click to tweet: According to a new Leaderboard report from @NavigantRSRCH, Schneider Electric, Siemens, and Honeywell are the leading intelligent building software providers for commercial facility optimization.
“These companies have distinguished themselves in the market by offering a broad portfolio of applications that meet the growing and diverse needs of clients, delivering operational efficiencies that reduce energy consumption and increase occupant comfort and usability,” says Neil Strother, principal research analyst with Navigant Research. “Their products also combine data in new ways, breaking down silos that tend to hinder valuable insights and greater efficiencies.”
While market offerings are becoming more useful, no provider has a complete solution given the complex business challenges buildings present—though some are moving closer to that goal, according to the report. Ongoing improvements and some breakthroughs are expected in the coming years as companies improve their capabilities in using building data with artificial intelligence (AI) and machine learning (ML) techniques.
The report, Navigant Research Leaderboard: Intelligent Building Software, examines 14 intelligent building software providers and their platforms for optimizing commercial facilities. Navigant Research uses a proprietary Leaderboard methodology to profile, rate, and rank vendors with the goal of providing an objective assessment of their relative strengths and weaknesses in the global intelligent building software market. These players are rated on 10 criteria: vision, go-to-market strategy, partners, technology, cybersecurity, product capabilities, complementary services, hardware integration, breadth of offerings, and pricing. An executive summary of the report is available for free download on the Navigant Research website.
*The information contained in this press release concerning the report, Navigant Research Leaderboard: Intelligent Building Software, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.