Commercial building and facilities management resources for corporate facility executives, building operators and facility managers in all industry and service sectors. smart-buildings articles below.
State of Building Energy Management survey uncovers compelling results including lack of awareness of the Internet of Things (IoT).
TechSci Research announces a new market research report, "Global Building Energy Management Solutions Market Forecast & Opportunities."
The global market for integrated equipment in buildings is forecast to grow at an average annual rate of 20.3%—from $12.6 billion in 2012 to $31.6 billion by 2017. As a proportion of overall building equipment investment, smart applications are forecast to increase from 8% to 14% over the same period.
The economic climate is impacting investment in construction which has the potential to slow the growth of smart building deployments globally.
More than 20% of electrical demand in the United States is expected to be met by facility managers more effectively optimizing their energy consumption and resources in collaboration with their utilities.