Upcoming webinar to help industry participants navigate expected post-pandemic trends and technologies
SANTA CLARA, Calif., May 13, 2021 /PRNewswire/ — As homes & buildings industry participants deal with the continued slowdown and fundamental shifts brought on by the pandemic, there are distinct pockets of industry opportunities. The effect of the pandemic was severe in the traditional markets such as HVAC, lighting and building automation. However, the technology-based software markets driven by the penetration of internet of things (IoT) at the field level of buildings, emerging adoption of artificial intelligence (AI)-driven solutions at the management level, and cloud-based remote services were resilient during the pandemic. Frost & Sullivan sees increased awareness of the value creation from these technologies among building managers and customers. The homes & buildings industry will continue to evolve with the penetration of advanced technologies delivering energy, cost benefits and, above all, value-based outcomes.
