Schneider Electric and Honeywell No. 1 for building software: Navigant Research
September 8, 2016 - Schneider Electric and Honeywell are the leading intelligent building software solutions, according to a new Leaderboard report from Navigant Research that examined the strategy and execution of 15 intelligent building software solutions providers.
By Renée Francoeur
“What makes the building energy management system (BEMS) market interesting is the unique competition between non-traditional rivals, the emergence of innovative solutions to business challenges and the opportunity to bring sustainability forward with sound economic investments,” says Casey Talon, principal research analyst with Navigant Research. “Schneider and Honeywell have the domain expertise to support equipment optimization for energy efficiency, the global reach to support market education and adoption, and flexible offerings positioned to support the wide ranging needs of today’s customers.”
BEMSs first emerged over a decade ago as software solutions capable of minimizing utility costs and supporting strategic business decisions around energy consumption, according to the report. It goes on to state that today’s systems go a step further by helping customers recognize and act on opportunities for improved operational efficiency, space utilization, productivity, occupant engagement, and sustainability.
The companies in the report were rated on 12 criteria: vision, go-to-market strategy, partners, production strategy, technology, geographic reach, sales, marketing, and distribution; product performance; product quality and reliability; product portfolio; pricing; and staying power.
A summary of the report, Navigant Research Leaderboard Report: Building Energy Management Systems, is available for free download on the Navigant Research website.