smart energy
A new Navigant Research report states that global smart energy for smart cities technology revenue is expected to grow from US$7.3 billion in 2015 to US$20.9 billion in 2024
smart building
According to the IDC, commercial buildings consume around 20% of all energy consumed in the US

US market research, analysis and advisory firm International Data Corporation (IDC) has released a new report providing a review on how mature US organisations are currently in terms of adopting smart building technology.

The report complements the IDC's own smart building maturity model, a tool to help building owners to assess the sophistication of the energy management capabilities in their facilities and establish a set of priorities for investments.

The IDC surveyed over 200 companies and found that the most advanced smart building owners, implementing smart tech, were in retail, process manufacturing and construction industries.

The report titled “MaturityScape Benchmark: Smart Buildings in the United States”, defines smart building owners according to several maturity stages according to the sum of the efforts of building in developing intelligent buildings and working environments.

According to the IDC’s definition, a smart building “will manage energy and operational costs and at the same time support broader strategic business goals such as sustainability, corporate social responsibility, and greenhouse gas emissions reductions.”

Smart building progression

The Massachusetts-based firm divides smart building maturity stages into ad-hoc, opportunistic, repeatable, managed and optimised owners. It explains that optimised is the category of owners who reaped the highest benefits.

The report added that of “optimised” owners or “the smartest building owners” surveyed, 40% of building owners focused on Heating Ventilation and Air conditioning (HVAC) tech, 28%.5 on lighting, 41.5% on plug loads, 21.5% on distributed energy and 37.5% focused on advanced analytics that integrate many sources of data and are able to automate and optimise building operations.

Jill Feblowitz, a contributing author to the study said: “We looked at companies that were thrivers and survivors, and found the ones that are the most mature and had achieved benefits from their investments were more likely to have invested in very specific technologies: HVAC, lighting, plug loads, distributed energy resources and analytics.”