Siemens Builds Up Its Smart Building Proposition By Acquiring A Trio Of Innovative Start-Ups

Published 28 September 2018 by Susan Clarke

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Executive Summary

In recent months global technology firm Siemens has made a series of announcements that will impact its Building Technologies division. It has strengthened its portfolio of solutions for smart buildings by acquiring Comfy, Enlighted and J2 Innovations. Then in August 2018, Siemens launched a new company strategy, “Vision 2020+”, that sets out a pathway to make the firm nimbler and more profitable in an era of fast-moving digitalization. This report analyses Siemens’ trio of acquisitions in the smart building market and reviews what building operators should expect from Siemens in the future. To maximize the synergies from these new acquisitions with existing capabilities, Verdantix believes that Siemens needs to work at turning complementary products into a coherent proposition.  

Table of contents

Siemens Builds Up Its Smart Building Proposition By Acquiring A Trio Of Innovative Start-Ups 
Acquisitions of Comfy, Enlighted And J2 Innovations Expands Siemens’ Solution Set For Smart Buildings
Investment In Start-Ups Supports Siemens’ 2020+ Vision To Drive Innovation In The IoT 
Recent Investments Will Support Siemens In Delivering More User-Centric Building Solutions 
Siemens Needs To Turn Complementary Products Into A Coherent Proposition 

Table of figures

Figure 1. Summary Of Siemens’ Vision 2020+ Firm Strategy 

Organisations mentioned

Comfy (Building Robotics Inc.), Cree, EATON, Enlighted, J2 Innovations, LA Lighting, Lumenpulse, Siemens, Orion Lighting, USAI Lighting.

About the author

Susan Clarke

Principal Analyst

Susan is a Principal Analyst in the Verdantix Smart Buildings Practice. Her current research agenda focuses on integrated solutions for real estate management and energy services. Susan has eight years of experience in technology research. She holds a MSc from the University of London in Sustainable Development.

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