Facebook icon LinkedIn icon Twitter icon


Is Demand-Side Energy Management Ready For The Internet of Things?

Date: 22 December 2016

Access This Report

This report is available to Verdantix clients with a Knowledge Service Subscription.

Verdantix clients:

Not a client but want access
to this report?


9 pages

EXECUTIVE SUMMARY

The development of connected devices and powerful IT platforms are bringing the Internet of Things (IoT) vision into energy and facility management. This brings the potential to enable building managers to develop more proactive, as opposed to reactive, building management strategies (see Verdantix Energy Management In The Age Of The Internet Of Things). While the potential for IoT in energy and facility management is promising, the market is still developing and adoption rates vary widely. This report combines analysis of data from Verdantix annual surveys of 250 energy and facility managers with on-going Verdantix research, to help senior executives in energy and facility management software firms review their product strategies to drive adoption of IoT building solutions.

TABLE OF CONTENTS

Is Demand-Side Energy Management Ready For The Internet of Things?
Most Buildings Will Need Hardware Upgrades For The IoT Vision To Be Realised
Suppliers Are Pushing Out Innovations To Help Retrofit Building Stocks
North And Latin American Budget Holders Are More Likely To Invest In IoT Platforms
Retail And Public Agency Budget Holders Are Most Likely To Invest In New IoT Technologies For Energy Management
IoT Vendors Need To Experiment With Business Models To Secure Client Investment

TABLE OF FIGURES

Figure 1. 65% Of US Commercial Buildings Were Built Before The Year 2000
Figure 2. Rate Of New Construction In The European Union (2000-2015)
Figure 3. Rate Of Regional Spend On IoT Platforms
Figure 4. Rate Of Industry Spend On IoT Platforms

ORGANIZATIONS MENTIONED

Blue Pillar, C3 IoT, EnOcean, European Union, GE, Industrial Automation Control, Mexican Información Energética en Energia, Panoramic Power, Schneider Electric, Siemens, Sigfox, The European Commission, US Census Bureau, US Energy Information Administration, Verisae