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August 2017
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Recognitions and Collaborations Drive Manufacturers of Global Building Automation Software Market

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Every organization wants to mark its presence across the world and to achieve such targets they adopt certain strategies. The best tactic incorporated by most of the firms is collaboration and manufacturers of the Building Automation Software Market have adopted this technique. A latest report added by Big Market Research, titled, “Global Building Automation Software Market Size, Status And Forecast 2022” projects similar dynamics of the industry.

Mergers between two giants of any industry have always yielded fruitful results. Therefore, to carry forward this notion two leading manufactures by the name Arrow Electronics, Inc. and Bosch Sensortec have signed an agreement. According to this, the former firm gets to provide MEMS (microelectromechanical systems) devices across the globe. This would enable Arrow to push itself further in the field of Internet of Thing (IoT). Together, both the firms would look for opportunities in new areas, such as inertial, environmental and smart sensors in applications including wearables, smart home, building automation, industry 4.0, domestic robots, toys, augmented & virtual realities, and drones.

Mr. Stefan Finkbeiner, Chief Executive officer (CEO) of Bosch Sensortec has stated that the agreement between the two most dynamic firms which are expert in the industry of IoT. Together both of them could offer assistance to companies to speed up their product development, long term management, and deployment. Another strategy that promotes growth of an industry is through recognition. Awards have always been a great source of motivation for manufacturers and when it comes for the third time in a row, it raises the bar for other vendors. Such is the case with Control 4, an U.S. based company has earned the award for the “top Whole-House Automation and Control Brand”. The recognition was given at the Annual CE PRO 2017 Brand Analysis for the third consecutive year.

The chairman and CEO of the Control 4 has released a statement which said that it’s was another auspicious year for Control4 as well as for its dealers & end-customers. It was successful in delivering products and services ranging from product development to sales & training and channel & customer support. He further stated that it was an honor to receive the acknowledgment for this year from its dealers and the editorial team at CE Pro. Moreover, the firm was named as a “bullet brand” in audio amplifiers and phone systems/intercoms. It secured the second position in place brand position in both categories in 2017.

CatNet SystemsThe above mentioned instances depict that with smart strategies any vendor of the building automation software market could make its existence significant across the world. Collaborations and recognitions could also act as driving factors for manufacturers. Therefore, it would be appropriate to sum up that with advancement in technology demand for the industry would also increase in coming years.

Source: https://www.bigmarketresearch.com/global-building-automation-software-size-status-and-forecast-2022-market





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