International. The Siemens Building Technologies division and IBM have announced cloud-based solutions that seek to leverage Siemens' building expertise and IBM's Internet of Things (IoT) capabilities to maximize the potential of connected buildings, helping corporate real estate owners across multiple industries, drive business results and meet energy efficiency targets.
Siemens is integrating software from IBM's Watson IoT business unit, including analytics and asset management, into its cloud-based sustainability and energy management platform, Navigator. The companies said this combination will help benefit corporate real estate clients in different ways, including:
• Corporate real estate owners and operators will now be able to leverage internal and external data on Siemens' Navigator platform, from the performance of referenced buildings to the forecasting of operating budgets.
• Predictive analytics can be applied for fault detection and diagnosis so potential problems can be addressed before they occur.
• Text recognition and analysis for utility invoice validation can identify billing errors and improve data quality.
• Mobile apps can enable energy audits and audit reporting from anywhere.