Market commentary Feb 2016 Verified
Convergence of Building Technology and Smart Infrastructure
The combined company aims to capitalize on the convergence of technology in buildings, integrating sensors, data analytics, and controls to create new business models. This includes moving from cost-based compliance solutions to value-added services like energy management, inventory intelligence, and predictive maintenance.
“we’re going to be uniquely positioned to capitalize on the convergence, create a lot of value for the customers that we serve, which then is going to position the combined company to capitalize on this rapidly-expanding space around smart buildings and smart infrastructure.”
Entities
Johnson Controls, Inc. · Mentioned Tyco International plc · Mentioned
HVACOther Sentiment: Positive
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