Study: Memoori publishes new research on the emerging market for software to interface Building Energy Management Systems.

Nabbed today by Connectikpeople, this survey brings together market sizing data, investment data and all the factors that influence the industries future.

According to Memoori, revenue from the global market for software interfaces between Smart Grid and Smart Buildings will
reach $1.7Bn by 2017.

Memoori also predicts that by 2022 most advanced BEMS (Building Energy Management Systems) systems will provide Automated Demand Response (ADR) using OpenADR and this functionality will most likely be provided by the Enterprise Energy Management (EEM) package in Smart Buildings. Therefore Memoori expects demand for separate software packages to decline after 2022.

Finally, Memoori expects that:

·        The business opportunity will depend on how and where the Smart Grid business develops,

·         The regulatory framework and also the part that Smart Buildings can play in reducing energy demand and delivering distributed energy resources.

·        The integration of these two separate businesses can play a vital role in maximizing energy conservation in buildings whilst generating income and reducing operating costs.

About the Report

At 169 pages with 13 charts and tables, and for only $999 USD, “Smart Buildings: The Market for Connecting Smart Grid with BEMS” reviews the growing business of “Interfacing Software” between Smart Grid and Smart Buildings to bring about a synergy that increases the return on investment in both businesses.