Frost & Sullivan Acclaims Siemens Building Technologies' Market Dominance
MOUNTAIN VIEW, California, Jan. 13, 2014
-- The company's complete and dedicated building automation solution is one of
a kind in the European market
MOUNTAIN VIEW, California, Jan. 13, 2014 /PRNewswire/ --Based on its recent
analysis of the building automation systems (BAS) market, Frost & Sullivan
recognizes Siemens Building Technologies with the 2013 European Frost &
Sullivan Market Leadership Award. Siemens's Desigo (a BAS), an excellent
business model and strategic positioning in Europe have all come together to
firmly cement its leadership position in the BAS market.
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Siemens Building Technology held the highest market share of 23 percent of the
total BAS market in Europe in 2012. Its revenues grew by 5 percent
year-on-year over 2011 in the European, Middle Eastern and African regions due
to the popularity of its holistic solutions.
The furious pace of growth in the ICT industry and the emergence of central
servers and cloud computing have aided the expansion of Siemens's product
portfolio. It provides benchmarking, discovers places of investment and
suggests improvement measures by location. It also automatically offers remote
access to these sites, consequently increasing the speed and quality of
"Frost & Sullivan's competitive benchmarking indicates that Siemens AG has an
edge over other participants in this market because of its in-depth knowledge
to handle diverse data from buildings," said Frost & Sullivan Research Analyst
Balaji Anand Sagar. "Its BAS offering is a complete solution that integrates
and optimizes heating, ventilation and air conditioning (HVAC), lighting and
many other functions, such as blinds, into one system."
Siemens offers solutions in select vertical markets and tailors them to suit
the specific features and requirements of different types of buildings. One of
the strongest growing vertical markets is data centers. Siemens's building
automation and control system especially caters to this vertical by offering a
data center solution that integrates intrusion detection and video
surveillance systems, fire control and smoke detection systems, and CCTV and
This integrated building technology is unique in the market and helps
customers optimize and save energy throughout the lifecycle of the building,
setting Siemens apart from the competition. In addition to BAS, Siemens offers
energy analysis and customer support through its Advantage Operations Centers
(AOC), wherein its experts continuously monitor building performance for
desired parameters and tune them remotely for optimization.
"The company also offers the option of pre-financing renovation projects
either directly or by working as a technology partner with another financial
institution. In performance contracting, the company may guarantee the defined
energy savings to the customer," noted Sagar. "Such a confident business
model, combined with an integrated solution, has propelled the company to the
top rung in the European BAS market."
Each year Frost & Sullivan presents this award to the company that has
demonstrated market share leadership through the implementation of Market
Engineering strategy. The recipient has displayed excellence in all areas of
the market leadership process, including the identification of industry
challenges, market drivers, and market restraints, as well as strategy
development and methods of addressing market dynamics. Furthermore, the award
recipient has continually demonstrated solutions for monitoring market changes
and for implementing superior market engineering strategies.
Frost & Sullivan Best Practices Awards recognize companies in a variety of
regional and global markets for demonstrating outstanding achievement and
superior performance in areas such as leadership, technological innovation,
customer service, and strategic product development. Industry analysts compare
market participants and measure performance through in-depth interviews,
analysis, and extensive secondary research in order to identify best practices
in the industry.
About Siemens Building Technologies
The Siemens Building Technologies Division (Zug, Switzerland) is the world
leader in the market for safe and secure, energy-efficient and
environment-friendly buildings and infrastructures. As technology partner,
service provider, system integrator and product vendor, Building Technologies
has offerings for safety and security as well as building automation, heating,
ventilation and air conditioning (HVAC) and energy management. With around
29,000 employees worldwide, Building Technologies generated revenue of 5.8
billion Euro. For more information, visit www.siemens.com/buildingtechnologies
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Frost & SullivanMireya EspinozaP: +188.8.131.5270F: +1.210.348.1003E:
Siemens Building TechnologiesCatharina BujnochP: +41-41-724-5677E:
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