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NEW JOHNSON CONTROLS REPORT SHOWS SMART BUILDINGS A COMPETITIVE EDGE FOR COMMERCIAL REAL ESTATE AND RETAIL LEADERS

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Johnson Controls (NYSE:JCI) released a new report highlighting the importance of smart buildings for commercial real estate and retail leaders. The report, based on a Forrester Consulting study, reveals that 75% of leaders consider smart buildings important for digital transformation. Nearly two-thirds believe smart buildings are important for reducing costs, accelerating sustainability initiatives, and driving business growth.

Key findings include:

  • Smart buildings are a competitive differentiator
  • Only 13% of leaders have fully integrated building systems
  • Building data is important for decision-making across departments
  • Leaders seek partners with advanced technology and industry experience

Johnson Controls' OpenBlue ecosystem offers connected technologies and services to optimize building performance and drive value for customers.

Johnson Controls (NYSE:JCI) ha rilasciato un nuovo rapporto che sottolinea l'importanza degli edifici intelligenti per i leader del settore immobiliare commerciale e del retail. Il rapporto, basato su uno studio di Forrester Consulting, rivela che il 75% dei leader considera gli edifici intelligenti fondamentali per la trasformazione digitale. Quasi due terzi ritengono che gli edifici intelligenti siano importanti per ridurre i costi, accelerare le iniziative di sostenibilità e favorire la crescita aziendale.

I risultati chiave includono:

  • Gli edifici intelligenti sono un fattore di differenziazione competitiva
  • Solo il 13% dei leader ha integrato completamente i sistemi edili
  • I dati sugli edifici sono importanti per il processo decisionale tra i vari dipartimenti
  • I leader cercano partner con tecnologia avanzata ed esperienza nel settore

L'ecosistema OpenBlue di Johnson Controls offre tecnologie e servizi connessi per ottimizzare le prestazioni degli edifici e creare valore per i clienti.

Johnson Controls (NYSE:JCI) publicó un nuevo informe que destaca la importancia de los edificios inteligentes para los líderes del sector inmobiliario comercial y minorista. El informe, basado en un estudio de Forrester Consulting, revela que el 75% de los líderes considera que los edificios inteligentes son importantes para la transformación digital. Casi dos tercios creen que los edificios inteligentes son importantes para reducir costos, acelerar iniciativas de sostenibilidad y fomentar el crecimiento empresarial.

Los hallazgos clave incluyen:

  • Los edificios inteligentes son un diferenciador competitivo
  • Solo el 13% de los líderes ha integrado completamente los sistemas de edificación
  • Los datos de construcción son importantes para la toma de decisiones en los diferentes departamentos
  • Los líderes buscan socios con tecnología avanzada y experiencia en la industria

El ecosistema OpenBlue de Johnson Controls ofrece tecnologías y servicios conectados para optimizar el rendimiento de los edificios y generar valor para los clientes.

Johnson Controls (NYSE:JCI)는 상업용 부동산 및 소매 리더를 위해 스마트 빌딩의 중요성을 강조하는 새로운 보고서를 발표했습니다. 포레스터 컨설팅 연구를 기반으로 한 이 보고서는 75%의 리더가 디지털 혁신을 위한 스마트 빌딩의 중요성을 인식하고 있다고 밝혔습니다. 거의 3분의 2가 스마트 빌딩이 비용 절감, 지속 가능성 이니셔티브 가속, 비즈니스 성장 촉진에 중요하다고 생각합니다.

주요 발견 사항은 다음과 같습니다:

  • 스마트 빌딩은 경쟁의 차별화 요소입니다
  • 리더의 13%만이 빌딩 시스템을 완전히 통합했습니다
  • 건물 데이터는 부서 간 의사 결정에 중요합니다
  • 리더는 첨단 기술 및 업계 경험을 갖춘 파트너를 찾고 있습니다

Johnson Controls의 OpenBlue 생태계는 건물 성능을 최적화하고 고객에게 가치를 제공하기 위해 연결된 기술과 서비스를 제공합니다.

Johnson Controls (NYSE:JCI) a publié un nouveau rapport soulignant l'importance des bâtiments intelligents pour les leaders de l'immobilier commercial et du secteur de la vente au détail. Le rapport, basé sur une étude de Forrester Consulting, révèle que 75% des dirigeants considèrent que les bâtiments intelligents sont cruciaux pour la transformation numérique. Près des deux tiers estiment que les bâtiments intelligents sont importants pour réduire les coûts, accélérer les initiatives de durabilité et stimuler la croissance des entreprises.

Les principales conclusions incluent :

  • Les bâtiments intelligents sont un facteur de différenciation concurrentielle
  • Seuls 13% des dirigeants ont entièrement intégré les systèmes de bâtiment
  • Les données des bâtiments sont importantes pour la prise de décision au sein des départements
  • Les dirigeants recherchent des partenaires disposant de technologies avancées et d'une expérience sectorielle

L'écosystème OpenBlue de Johnson Controls propose des technologies et des services connectés pour optimiser les performances des bâtiments et créer de la valeur pour les clients.

Johnson Controls (NYSE:JCI) hat einen neuen Bericht veröffentlicht, der die Bedeutung von Smart Buildings für Führungskräfte im Bereich der gewerblichen Immobilien und des Einzelhandels hervorhebt. Der Bericht, der auf einer Studie von Forrester Consulting basiert, zeigt, dass 75% der Führungskräfte Smart Buildings für wichtig für die digitale Transformation halten. Fast zwei Drittel glauben, dass Smart Buildings wichtig sind, um Kosten zu senken, Nachhaltigkeitsinitiativen zu beschleunigen und das Unternehmenswachstum voranzutreiben.

Wichtige Erkenntnisse sind:

  • Smart Buildings sind ein wettbewerblicher Differenzierungsfaktor
  • Nur 13% der Führungskräfte haben Gebäudesysteme vollständig integriert
  • Gebäudedaten sind wichtig für die Entscheidungsfindung in den verschiedenen Abteilungen
  • Führungskräfte suchen Partner mit fortschrittlicher Technologie und Branchenerfahrung

Das OpenBlue-Ökosystem von Johnson Controls bietet verbundene Technologien und Dienstleistungen zur Optimierung der Gebäudeleistung und zur Schaffung von Werten für die Kunden.

Positive
  • 75% of commercial real estate and retail leaders recognize smart buildings as important for digital transformation
  • Nearly two-thirds of leaders believe smart buildings are important for cost reduction and business growth
  • Johnson Controls' OpenBlue ecosystem provides actionable insights and controls for energy savings and emissions reduction
Negative
  • Only 13% of commercial real estate and retail leaders have fully integrated building systems
  • Lack of integrated data is reducing operating efficiencies (62%) and customer loyalty (59%)
  • building data is increasing regulatory penalties (57%)

Insights

This report highlights the growing importance of smart buildings in the commercial real estate sector. Key findings show 75% of leaders view smart buildings as important for digital transformation, while nearly two-thirds see them as important for cost reduction, sustainability and business growth.

The data reveals a significant integration gap, with only 13% of leaders having fully integrated building systems. This lack of integration is causing inefficiencies and increased risks, including reduced operating efficiencies (62%) and customer loyalty (59%).

For Johnson Controls (JCI), this presents a substantial market opportunity. Their OpenBlue ecosystem, which combines AI and connected technologies, positions them well to address the industry's needs. However, the impact on JCI's immediate financials may be , as adoption and implementation of smart building solutions often have long sales cycles.

This report underscores a significant market trend in the commercial real estate and retail sectors towards smart building adoption. The high percentage of leaders recognizing the importance of smart buildings for various business objectives indicates a growing demand for these solutions.

For Johnson Controls, this trend aligns well with their OpenBlue platform and comprehensive smart building offerings. The report effectively positions JCI as a leader in this space, potentially boosting their market perception and future sales pipeline.

However, it's important to note that while the report suggests strong interest, it doesn't provide specific financial projections or immediate revenue impacts. The 13% full integration rate also suggests a long runway for growth, but implementation could be gradual. Investors should view this as a positive long-term trend for JCI, rather than an immediate financial catalyst.

  • New report reveals investments in smart buildings are essential for leaders to enhance sustainability, security, and save money
  • 75% of commercial real estate and retail leaders say smart buildings are important to accelerating digital transformation efforts
  • Nearly two-thirds of respondents say smart buildings are important for reducing costs, accelerating sustainability initiatives, and driving business growth.

NEW YORK, Sept. 25, 2024 /PRNewswire/ -- As the commercial real estate sector faces unprecedented challenges and against the backdrop of New York Climate Week 2024, the biggest annual climate event of its kind, the movement toward smarter buildings is top of mind. Building on a 2023 commissioned study conducted by Forrester Consulting on behalf of Johnson Controls (NYSE:JCI), a recently released spotlight report, "Cracking The Smart Buildings Code: A Spotlight On Retail And Commercial Real Estate," reveals that investments in smart buildings are essential for leaders aiming to enhance sustainability, security, and save money.

"Smart buildings are not just a trend; there is growing recognition they are a necessity for modern commercial real estate," said Vijay Sankaran, vice president and chief technology officer, Johnson Controls. "This report highlights the urgent need for integrated systems and expert partners to navigate the complexities of today's commercial real estate market to achieve long-term success."

The digitalization of buildings provides an immense opportunity to gain a clearer picture of the operation of facilities to create sustainable, healthy, and safe environments—a critical differentiator for both commercial real estate tenants and buyers. Notably, 75% of commercial real estate and retail leaders say smart buildings are important to accelerating their digital transformation efforts. Nearly two-thirds of leaders indicate smart buildings are important for reducing costs, accelerating sustainability initiatives, and driving business growth. These results reveal that retail and commercial real estate leaders are seeking outcomes that have a positive impact for building owners, occupants and the bottom line.

Additional key findings include:

  • Competitive Differentiator: Investing in smart buildings is a competitive differentiator. Smart buildings not only help commercial real estate and retail leaders attain sustainable, secure, and efficient outcomes, but they also competitively differentiate their facilities in the market.
  • Integration Gaps: Only 13% of commercial real estate and retail leaders say they have fully integrated building systems, leading to inefficiencies and increased risks. This lack of integrated data and insight is reducing operating efficiencies (62%), reducing customer loyalty (59%), and increasing regulatory penalties (57%).
  • Vital Insights: Building data is crucial for decision-making across various departments, including security, sustainability, and facilities management, and many leaders recognize the current risks they face by having limited data.
  • Partner Expertise: Leaders seek partners with advanced technology, integration capabilities, and industry experience to drive smart building initiatives.

Johnson Controls is optimized to be the leading comprehensive solutions provider for commercial buildings, as a one-stop-shop for leaders looking for a partner with the technology and industry experience to drive meaningful outcomes. The company delivers a diverse portfolio of solutions for a variety of industries, from schools to office buildings, arenas to hospitals.

"As a leader in the smart buildings industry, we have a comprehensive understanding of how connected, data-driven solutions provide deeper insights into a building's performance and how we can optimize equipment performance and enable proactive services," said Julie Brandt, president of Building Solutions North America at Johnson Controls. "This report confirms what we're already hearing from our customers, that smart buildings are foundational to the design, operation, and maintenance of indoor environments, ultimately driving value."

At the center of Johnson Controls' smart building strategy is OpenBlue, an industry-leading ecosystem of connected technologies, expertise and services. Combining data from across a building's systems and using advanced digital experiences augmented with AI, OpenBlue provides actionable insights and controls that save more energy and reduce more emissions than possible with isolated systems. It also helps customers in simplifying carbon disclosure reporting and regulatory compliance with building performance standards. With deployments across the globe spanning commercial office spaces, healthcare, education, campuses and more, OpenBlue enables real-time data visibility across assets, people and processes, empowering customers to drive intelligent and proactive operations from a single pane of glass.

To learn more about how Johnson Controls OpenBlue is transforming smart buildings, please visit: http://www.johnsoncontrols.com/OpenBlue.

For more insights, download the full report, "Cracking The Smart Buildings Code: A Spotlight On Retail And Commercial Real Estate," available now here: https://www.johnsoncontrols.com/insights/2024/white-paper/cracking-the-code-cre.

Methodology
In August 2023, Johnson Controls commissioned Forrester Consulting to evaluate the state of smart buildings. Forrester conducted an online survey with 3,445 respondents responsible for smart building strategy to explore this topic. All respondents were asked high-level smart building strategy questions and then more granular questions depending on their level of responsibility for sustainability, security, and/or building environmental systems. Respondents represented organizations in 18 industries and 25 countries. The study was conducted in a double-blind fashion. This spotlight is focused on a subset of 299 smart buildings decision-makers in retail and commercial real estate.

INVESTOR CONTACT:

MEDIA CONTACT:

Jim Lucas

Danielle Canzanella

Direct: +1 414.340.1752

Direct: +1 203.499.8297

Email:  jim.lucas@jci.com

Email: media@jci.com

 

About Johnson Controls:
At Johnson Controls (NYSE:JCI), we transform the environments where people live, work, learn and play. As the global leader in smart, healthy and sustainable buildings, our mission is to reimagine the performance of buildings to serve people, places and the planet.

Building on a proud history of nearly 140 years of innovation, we deliver the blueprint of the future for industries such as healthcare, schools, data centers, airports, stadiums, manufacturing and beyond through OpenBlue, our comprehensive digital offering.

Today, with a global team of 100,000 experts in more than 150 countries, Johnson Controls offers the world's largest portfolio of building technology and software as well as service solutions from some of the most trusted names in the industry.

Visit www.johnsoncontrols.com for more information and follow @Johnson Controls on social platforms.

Building on a 2023 commissioned study conducted by Forrester Consulting on behalf of Johnson Controls, a recently released spotlight report, “Cracking The Smart Buildings Code: A Spotlight On Retail And Commercial Real Estate,” reveals that investments in smart buildings are essential for leaders aiming to enhance sustainability, security, and save money.

 

Johnson Controls Logo. (PRNewsFoto/JOHNSON CONTROLS, INC.) (PRNewsFoto/)

 

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SOURCE Johnson Controls International plc

FAQ

What percentage of commercial real estate leaders consider smart buildings important for digital transformation?

According to the Johnson Controls report, 75% of commercial real estate and retail leaders say smart buildings are important to accelerating their digital transformation efforts.

How many commercial real estate and retail leaders have fully integrated building systems according to the JCI report?

The report reveals that only 13% of commercial real estate and retail leaders say they have fully integrated building systems.

What is OpenBlue in relation to Johnson Controls (JCI) smart building strategy?

OpenBlue is Johnson Controls' industry-leading ecosystem of connected technologies, expertise, and services. It combines data from across building systems and uses advanced digital experiences augmented with AI to provide actionable insights and controls for energy savings and emissions reduction.

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