May 22, 2015
The Continental Automated Buildings Association (CABA), an industry association that promotes advanced technologies in homes and buildings in North America, has completed its collaborative Intelligent Buildings and Big Data 2015 Report.
The research study focused on how “Big Data” translates into the intelligent building context and whether Big Data analytics will help keep businesses competitive.
A combination of different types of primary research examined market perspectives on Big Data in order to project near and mid-term opportunities in intelligent buildings. The findings present a new understanding of customer behaviors, competition and market trends that will shape the adoption of Big Data solutions.
The study found that customers prioritize investments on the economic impacts over all other benefit.
It also found that the majority of decision makers in the intelligent building market do not know how to define “Big Data” or understand the potential benefits of such new solutions. Data security is a major concern and those interested in Big Data also require transparency in the return on investment of building and operational improvements.
The perceptions of Big Data in intelligent buildings presented in the study reflect the insight gained through the feedback of 34 interviews and 400 survey responses with a mix of technology and service providers and end-users.
“The results represent an important and timely analysis that reflects the importance of Big Data within our industry,” said Ronald Zimmer, CABA president and CEO. “We feel the discovery of best practices and appropriate ROI models raises the necessary awareness and provides benefits to all stakeholders.”
The following CABA members participated as sponsors of the study: The American Institute of Architects, Acuity Brands, Automated Logic Corporation, BACnet International, BC Hydro, Belimo Automation, Cadillac Fairview Corporation, CSA Group, Distech Controls, ecoOpera, Honeywell International, Inc., Hydro-Québec, Ingersoll Rand/Trane, Intel Corporation, Johnson Controls, KMC Controls, Larsen & Toubro, Philips, Robert Bosch LLC, Rogers Communications, Schneider Electric, Siemens Industry, Inc. and Tridium, Inc.
The report will be released for sale after an embargo period. Further information is available at www.caba.org.