NewEnergyNews More: BUILDING ENERGY MANAGEMENT $$$ TO DOUBLE

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  • Tuesday, August 12, 2014

    BUILDING ENERGY MANAGEMENT $$$ TO DOUBLE

    Navigant Research Leaderboard Report: Building Energy Management Systems; Assessment of Strategy and Execution for 14 Building Energy Management System Vendors

    Q3 2014 (Navigant Research)

    “The competitive landscape for building energy management systems (BEMSs) has heated up in recent years. Software developers aim to take advantage of a confluence of technology and market factors…[including] the advent of cloud-based software as a service (SaaS)…[and] a rise in demand for systems that reduce operating costs, control corporate carbon emissions, and increase visibility into operations…[T]he BEMS market is poised for significant growth…[because] the promise of data-driven energy management solutions has attracted a wide range of new and traditional players to the global market, each of which leverages a combination of tested technologies and innovative analytics capabilities to gain a foothold in this intensely competitive market. Navigant Research forecasts that the global BEMS market will grow from $2.4 billion in 2014 to $5.6 billion in 2020…” click here for more

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