Market commentary Nov 2021 Verified
M&A Driven by Customer Demand for End-to-End Solutions and Speed
Customer demand for integrated, end-to-end solutions across the full building lifecycle is putting pressure on point solutions and driving M&A activity. Additionally, the need for speed in innovation and product roadmaps is a key factor behind consolidation in the workplace tech market.
“these trends can't necessarily be solved by certain segments in point solutions. And so you're starting to see some of the convergence of solutions to be more end -to -end. I think our customers demand that. They want the value across the full lifecycle of buildings and things like that. That puts a lot of pressure on point solutions. I think that demands a lot of M &A activity.”
Other Sentiment: Neutral
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