Six Key Points Providers Must Get Right To Create A Successful Remote Monitoring Proposition

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Executive Summary

Remote monitoring and control of building equipment and systems is a high-value solution that has gained significant traction in the last few years. What are the driving forces behind the recent growth? What steps should service providers take to successfully position the benefits of these solutions? This report helps facilities managers, building maintenance providers and energy management providers understand the market for remote monitoring solutions and what technical and business barriers they need to address to implement these solutions. This report is a follow-up, aimed at suppliers, to another Verdantix report on the same topic for potential users (see Verdantix Now Is The Time To Implement Remote Monitoring Solutions). 

Table of contents

Six Key Points Providers Must Get Right To Create A Successful Remote Monitoring Proposition
Remote Monitoring Solutions Enable Firms To View, Control And Operate Building Assets Off-Site The Paradox Of Remote Monitoring: High Value But Low Penetration
Market Uptake Of Remote Monitoring Services Has Been Slow So Far And Will Take 2-3 Years To Gain Ground Six Key Points Providers Need To Consider When Developing Remote Monitoring Offerings

Table of figures

Figure 1. Benefits Of Remote Monitoring Solutions For Service Providers
Figure 2. Corporate Process Improvement Priorities For Operational Monitoring And
Management of Energy
Figure 3. Outsourced Operational Monitoring And Management of Energy
Figure 4. Technical Challenges For Suppliers When Providing Remote Monitoring Solutions
Figure 5. Evolution of Remote Monitoring Value Propositions To 2022

Organisations mentioned

Abercrombie & Fitch, Bosch, Building Automation Solutions, BuildingIQ, Carbon Credentials, Claroty, Corn Exchange, Cushman & Wakefield, E.ON, EnergyICT, EnerNOC, ESG, eSight Energy, FedEx, Granlund, Honeywell, IBM, Johnson Controls, KGS Buildings, Marks and Spencer, Matrix, MRC Polymers, Nextnine, Panoramic Power, Sainsbury’s, Schneider Electric, Siemens, SSE, Tesco, UK National Health Service, UTC, Verisae, Wipro Ecoenergy

About the author

Annie Göransson

Analyst

Annie is an Analyst in the Environmental Health and Safety Practice and works in the London office. Her research expertise covers EH&S Services and Information Management.

In her advisory work, Annie has been involved in delivering consulting projects on EH&S subjects and sustainability advisory for major energy, manufacturing and software firms. 

Annie holds an MSc in Environmental Technology from Imperial College London, where her research focused on the global horticultural industry, investigating current governance schemes and associated environmental and health issues. She holds a BSc degree in Environmental Science from the University of California at Berkeley where she also earned All-American honour.

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