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Siemens And IBM Collaborate To Enhance Smart Buildings With IoT

Date: 30 June 2016

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8 pages

EXECUTIVE SUMMARY

The development of platforms to support the internet of things (IoT) is opening up innovative value propositions that enable increased investments in smart building technologies for the optimization of facility management strategies. On February 22, 2016, Siemens Building Technologies, a global provider of fire safety, security, building automation and energy management products, solutions and services, announced a global strategic alliance with IBM, a multinational technology and consulting firm. The collaboration will develop future technology for Siemens’ Navigator platform and a joint real estate offering. After review of the partnership, Verdantix analysis finds that the team’s value proposition is beneficial across a range of industries seeking to advance integration of energy management into facility optimization strategies and to consolidate management of diverse and difficult to service building portfolios.

TABLE OF CONTENTS

Siemens And IBM Collaborate To Enhance Smart Buildings With IoT
Siemens And IBM Will Collaborate On Both Technology Development And A Compelling Joint Real Estate Offering
Siemens And IBM Collaboration Tackles The Complexity Of Corporate Real Estate Management
Collaboration Is A Step In The Right Direction For Smart Building Solutions
Real Estate Intensive Firms Should Investigate The Proposed Value Proposition

ORGANIZATIONS MENTIONED

BAE Systems, Bayer AG, CBRE, Credit Suisse Real Estate Asset Management, Dow Chemical Company, Extended Stay America, Extended Stay Hotels, IBM, IBM Real Estate Operations, Ingersoll Rand India, Marriott Hotels, McKesson, Procter and Gamble, RSMeans, Siemens, Steward Healthcare, Teradyne Corporation, US Air Force, US General Services Administration, Walmart