Global Survey 2018: Smart Building Technology, Budgets, Priorities & Preferences

Published 26 November 2018 by Derrek Clarke with Rodolphe d’Arjuzon

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Executive Summary

This report helps real estate and facility directors to benchmark their firm’s smart building technology strategies, investments and priorities for the next 12 months. It also helps providers of smart building technologies and facility services firms to align their business and product plans with market demand. This data set forms part of a series of annual surveys conducted by Verdantix with budget holders and decision-makers. Our latest study surveys executives on their budgets and priorities across the full breadth of smart building technology management, extending on previous surveys for energy management and facility optimization.

Table of contents

Global Survey 2018: Smart Building Budgets, Priorities & Tech Preferences
Global Multi-Industry Survey Of Real Estate Decision-Makers

Global Real Estate Agendas For The Next Three Years Put Occupant Comfort First
Improving Occupant Comfort Rises Above Cost Savings As A Key Influence On Real Estate Strategies
The Next Twelve Months Will See Firms Trying To Balance Improving User Experiences With Facility Costs

Real Estate Technology Investments Grow As Technology Matures And Proof Points Build Up 
Firms Are Managing Large Tech Portfolios As A New Generation Of Solutions Hits Maturity
Facility Optimization And Occupant Comfort Software Will Drive Investments
One-Third Of Firms Plan To Increase Technology Investments
Software Security, Costs And User Interfaces Are Key Factors Influencing Purchase Decisions

Table of figures

Figure 1. Geographic Locations Of Respondents 
Figure 2. Industry Categories Of Firms Surveyed 
Figure 3. Real Estate Strategic Objectives 
Figure 4. Market Trends Shaping Real Estate Strategies Over The Next Three Years 
Figure 5. Real Estate Priorities Over The Next Twelve Months
Figure 6. Real Estate And Facilities Optimization Hardware Deployment
Figure 7. Real Estate And Facilities Optimization Software Deployment
Figure 8. Real Estate And Facilities Optimization Software Strategies For The Next Five Years
Figure 9. Use Of Software To Support Real Estate And Facilities Optimization Processes
Figure 10. Real Estate And Facilities Optimization Budget Changes
Figure 11. Real Estate And Facilities Optimization Software Evaluation Criteria 

Organisations mentioned

Accruent, Adobe, Apple, ARCHIBUS, Artis Energy, Autodesk, Aviva, Bauer & Ströer, Coop Danmark, Comfy, Deloitte, Enertiv, ENTOUCH, Entic, Envizi, Facilio, FacilityConneX, Financial Accounting Standards Board (FASB), FM:Systems, FSI, HelloFresh, Honeywell, International Accounting Standards Board (IASB), Liberty Mutual, LVMH, OVG, MCS Solutions, Planon, Schneider Electric, Serraview, Siemens, Slack, SmartSpace Software, Swiss Re, Switch Automation, Tango, Trimble, Workplace Fabric.

About the author

Derrek Clarke

Senior Analyst

Derrek is a Senior Analyst in the Verdantix Smart Buildings Practice. He conducts Verdantix research on energy management and the optimization of building systems covering technologies, best practices and growth strategies. His current agenda is focused on establishing facility optimization software as a distinct category of technology investment. Derrek has ten years of experience as a licensed architect. He joined Verdantix in 2014 and previously worked at global architecture and engineering firm HOK. Derrek holds a Masters in Architecture from Parsons and a Masters in Sustainability Management from Columbia University.

Rodolphe d’Arjuzon

Managing Director

Rodolphe leads the Verdantix Smart Buildings Practice. His current agenda is focused on the convergence of real estate and building software solutions and how to harness the IoT in smart buildings. Rodolphe has twenty years of experience in technology research and strategy consulting. He co-founded Verdantix in 2008 and previously worked for Barclays Bank and L.E.K. Consulting. Rodolphe holds a PhD in Physics from Cambridge University.

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