The Future of Software Embedded Controllers and Cloud Solutions
CEO’s 360 Degree Perspective
Performance-based and service-specific business models will be attractive future business models for deeply entrenched building technology (BT) participants.
A benchmarking service model is expected to be adopted by emerging BT software-as-a-service (SaaS) providers in the near future due to its financial attractiveness and ease of implementation.
Solving issues related to data ownership, privacy, and security, are key to the adoption of a hybrid cloud delivery model that enables cloud interconnectivity with various business sectors.
The integration of smart embedded controllers with Internet of Things (IoT) gateways in the building management architecture will enable edge analytics, which will reduce the operating and infrastructure costs of a building.
The development of flexible and cost-effective cloud-based applications that convert green and smart data into a decision-making platform will help extract the full potential of IoT.
About this report
Software embedded controllers and cloud-hosted solutions are crucial elements of the emergence of next-generation smart buildings. The integration of the Internet of Things (IoT) gateways with cloud infrastructure will enable intelligent networking between the field-level devices and the management layer, thereby assisting the growth of smart and connected buildings in the next 5 years. This research examines the key trends and business models that building technology participants will adopt as the smart building market evolves.
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