Fault Detection And Diagnostics Rises To The Forefront Of Real Estate Software Purchases

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Executive Summary

Development of the market for facility optimization solutions has led to increased interest in areas such as IoT-based sensors, smart building solutions and analytics for equipment fault detection and diagnostics (see Verdantix Green Quadrant Facility Optimization Software). Recent application development has focused on enabling strained maintenance teams to improve equipment life cycle and maintenance management activities (see Verdantix Smart Innovators: Facility Optimization Management). This report highlights the traction that software products for equipment fault detection and diagnostics (FDD) have gained within real estate markets, and will be of particular interest to facilities directors, leaders in real estate, and heads of strategy for vendors of real estate and facilities software and equipment.

Table of contents

Fault Detection And Diagnostics Rises To The Forefront Of Real Estate Software Purchases
Asia Pacific Real Estate Directors Will Lead The Charge In FDD Purchases Over The Next Two Years
Asset-Intensive Industries Will Drive Adoption Of FDD Solutions
Rise Of Facility Optimization Propels Growth In Use Of FDD Solutions

Table of figures

Figure 1. North American Firms Are The Largest Group Of Current FDD Solution Users
Figure 2. Regional Purchase Expectations Over The Next Two Years
Figure 3. FDD Deployments Across Industries

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.

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