Energy-efficiency Plans at the National and European Levels, Converging Technologies, and Need for Renovation of Ageing Building Stock will Enable Stronger Market Uptake The European building automation systems (BAS) market is poised to grow at a moderate CAGR of 2.6% … [READ MORE]
ABB Electrification business opens new centre of expertise to accelerate adoption of safe, smart and sustainable electrification solutions. This new location allows ABB to be closer to its partners in the UK’s e-mobility, data center and digital infrastructure sectors, enabling … [READ MORE]
The home automation market was valued at US$62.471 billion in 2018 and is anticipated to grow at a CAGR of 11.86% to reach a market size of US$122.391 billion by 2024 according to the Knowledge Sourcing Intelligence (KSI) report ‘The … [READ MORE]
Berg Insight estimates that revenues from shipments of home automation systems in Europe and North America will grow at a compound annual growth rate of 19.8 percent from US$ 36.7 billion in 2018 to US$ 90.6 billion in 2023. According to this research report, the number of smart … [READ MORE]
Partnership lights the way for building technologies division The building technologies division of Park Electrical Distributors, the North East’s leading independent electrical wholesaler, has announced an exclusive partnership with home automation specialist, Vitrea Technologies of Israel. Building technologies manager, Paul … [READ MORE]
The SmartSho online shop was devised by Tanootas International (TICO) of Tehran, Iran, with the basic idea of creating a base for presenting and procuring the equipment and components used in smart home and building projects based on healthy competition. … [READ MORE]
Unification will expand upon the missions of both standards bodies under the Open Connectivity Foundation name The Open Connectivity Foundation (OCF), a leading Internet of Things (IoT) standards body, today announced the work of the Fairhair Alliance, an alliance aimed … [READ MORE]
According to new research from Kaspersky, almost four in ten (37.8%) computers used to control smart building automation systems were affected by malicious attacks in the first half of 2019. The findings indicate that while it is unclear if such … [READ MORE]
According to Stratistics MRC, the Global Systems Market is accounted for $57.83 billion in 2017 and is expected to reach $154.36 billion by 2026 growing at a CAGR of 11.5% during the forecast period. Some of the key players in … [READ MORE]
Cedrik Neike holds an MBA at the INSEAD Business School as well as a Bachelor (Honours) in Engineering and Business Finance. He started his career at Siemens as a Product Line Manager for Wireless Internet. In 2001 he joined Cisco … [READ MORE]
