in ,

Frost & Sullivan: Big Data to Drive Smart Buildings Industry Growth

Frost & Sullivan: Big Data to Drive Smart Buildings Industry Growth - top government contractors - best government contracting event

Big Data, AppsFrost & Sullivan believes that big data will help facilitate the development of the smart buildings industry amid the growing trends of urbanization, technology connectivity and convergence and device communications.

In the report titled “Big Data as an Enabler for Smart Buildings,” Frost & Sullivan says big data and related technology platforms such as the Internet of Things and cloud computing can bring further business opportunities.

“Big data, especially, will emerge as a more valuable delivery model owing to affordable upfront costs and lower resource usage,” said Anirudh Bhaskaran, an energy and environmental research analyst at Frost & Sullivan.

The company also sees big data’s scalability across different systems as another factor that could drive building technology providers to partner with data analytics providers.

“Local government focus on technology, policy, economy and infrastructure will lend further momentum to smart building initiatives and, gradually, lead to their evolution into smart cities in the next 10 to 15 years,” Bhaskaran said.

He said Brazil, China, India and Russia will likely help lead investments in smart building and smart city technologies due to population and economic growth and urbanization.

ExecutiveBiz Logo

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Big Data & Analytics News

mm

Written by Jay Clemens

Research and Markets: Directed-Energy Weapons Market to Achieve 23.16% CAGR by 2018 - top government contractors - best government contracting event
Research and Markets: Directed-Energy Weapons Market to Achieve 23.16% CAGR by 2018
Vishal Agrawal: Georgia Hospital Selects Harris Platform for Medical Records Mgmt - top government contractors - best government contracting event
Vishal Agrawal: Georgia Hospital Selects Harris Platform for Medical Records Mgmt