After several years of slower-than-expected growth, the smart buildings technology market is expected to grow rapidly as the market becomes more aware of the business value generated by deploying smart building solutions, according to a new study from IDC Energy Insights. One of the challenges emerging: how to manage all the data that’s being gathered by these systems.
Smart building technologies have matured to enable facility optimization through the convergence of IT and building automation, according to the report, “Global Smart Buildings Forecast 2013-2018.” Building owners and key decision-makers are increasingly aware of the business value of these solutions. But adoption of the technologies has been slow due to changes in business processes required for deployment and utilization, IDC Energy says.
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