Building Management Systems (BMS) are
SaaS-based building management systems that trace and monitor structures’
automated and electrical appliances including fire procedures, defense systems,
lighting, energy systems, and air circulation. Management procedures for
buildings comprise software and hardware. The implementation of these systems
is due to the rising preference for eco-friendly, energy-efficient, and
automated safety systems in buildings.
360Quadrants, the most granular comparison platform, has
released a quadrant on the Building Management Systems to help businesses make
quicker and more informed decisions. 360Quadrants are generated post-analysis
of companies (product portfolios and business strategy). Quadrants will be
updated every three months based on market and regional analyses and
developments in the Building Management Systems market. 360Quadrants also lists
the top 10 best Building Management Systems.
360Quadrants combines inputs from various industry experts,
buyers, and vendors, and conducts extensive secondary research inclusive of
annual reports, company press releases, investor presentations, white papers,
and various directories and databases in order to rate the companies in every
quadrant. 360Quadrants conducts in-depth SWOT analysis and accurately analyses
the companies considered for evaluation. This helps service providers in
learning about new opportunities and areas where they lag behind their peers.
It also helps clients in choosing the most appropriate vendor for their
requirements.
Categorization of Building Management Systems on 360Quadrants
360Quadrants evaluated more than 30 companies in the Top Building Management Systems market out
of which, 17 were categorized as Visionary Leaders, Innovators, Dynamic
Differentiators, and Emerging Companies.
Johnson Controls, Honeywell International, Schneider Electric,
Ingersoll Rand, Siemens AG, and United Technologies have been identified as
Visionary Leaders as they have established product portfolios and a robust
market presence and business strategies.
Distech Controls, GridPoint, Lucid, and BuildingIQ has been
identified as Innovators as they have focused product portfolios, but ordinary
business strategies.
Allgovision, Bentley Systems, Crestron Electronics, and
Efftronics have been identified as Emerging Companies as they have niche
product offerings but generic business strategies.
Delta Controls, DHC software, and ELKO Group have been
recognized as Dynamic Differentiators as they are largely dependent on their
competitive R&D activities
360 Scoring Methodology
Top companies in the Building Management Systems market
will be rated using the following methodology -
1.
A highly experienced team of researchers and senior analysts
conduct extensive research to generate a list of vendors (competitors).
2.
A patent-pending algorithm is used to collect inputs from key
stakeholders—industry experts, buyers, vendors, and 360Quadrants analysts—based
on criteria for Product Maturity and Company Maturity.
1.
Criteria under Product Maturity include breadth and depth of
product/service offering, product features and functionalities, product
differentiation, and their impact on customer value.
2.
Criteria under Company Maturity include geographical footprint,
partner ecosystem, financial stability, and client coverage or sector
footprint.
3.
Approximately 20+ in-depth parameters will be considered for
research for the Building Management System market. These parameters will be
updated every six months to ensure latest developments are taken into
consideration.
4.
A weight is assigned to each stakeholder based on information
gathered pertaining to the above criteria as well as inputs from stakeholders.
These inputs follow the order of priority given below:
1.
Buyers
2.
Industry Experts
3.
360Quadrants Analysts
4.
Vendors (Competitors)
5.
The inputs are analyzed, and a final rating is assigned to each
vendor (competitor).
6.
After the finalization of ratings, each vendor is placed in the
most relevant quadrant based on their score.
About 360Quadrants
360Quadrants is
the largest marketplace looking to disrupt USD 6.3 trillion of technology spend
and is the only rating platform for vendors in the technology space. The
platform provides users access to unbiased information that helps them make
qualified business decisions. The platform facilitates deeper insights using
direct engagement with 650+ industry experts and analysts and allows buyers to
discuss their requirements with 7,500 vendors. Companies are able to win ideal
new customers, customize their quadrants, decide key parameters, and position
themselves strategically in a niche space, to be consumed by giants and
start-ups alike. Experts are able to grow their brand and increase their
thought leadership. The platform targets the building of a social network that
links industry experts with companies worldwide. The platform has around 400
buyers across various markets.
360Quadrants will also be launching quadrants in fields such as
e-Commerce Platforms, ERP Systems, and Marketing Automation Software.
Contact:
Mr. Agney Sugla
agney@marketsandmarkets.com
630 Dundee Road, Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
