The COVID-19 pandemic provides a unique and unexpected opportunity to tackle climate change in line with economic recovery by prompting global nations to set aside one-third of the COVID-19 economic recovery package for investments in digitalization, climate neutrality, and clean energy transition.
Building energy management solutions powered by disruptive technologies such as artificial intelligence (AI), machine learning (ML), internet of things (IoT), and cloud-based analytics are proving to be intelligent, energy-efficient, and pragmatic for future deep energy renovation projects to drive operational efficiency and minimize costs.
Fault detection and diagnostics, predictive maintenance, and energy optimization are the key service components of an AI and IoT-driven building energy management solution. While the current adoption of future-proof services for building energy management is in the emerging phase,
Frost & Sullivan predicts the growth of these service components to accelerate in the 20% to 30% range over the next 5 to 7 years.
In an accelerated growth market with hundreds of global participants, including leading, emerging, and startup companies, Frost & Sullivan plotted the top 15 companies in this Frost Radar™ analysis that are truly differentiating, highly competitive, and best positioned to contribute toward the decarbonization and digitalization of buildings. The list includes ABB, Bosch, Brainbox AI, Daikin Applied, Danfoss (Leanheat), EcoEnergy Insights, Ecolibrium, GridPoint, Honeywell, Johnson Controls, Metron, Optimum Energy, Schneider Electric, Siemens, and Verdigris.
The Frost Radar™ reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the
Frost Radar™ methodology. The document presents competitive profiles on each of the companies in the Frost Radar™ based on their strengths, opportunities, and a small discussion on their positioning. Frost & Sullivan analyzes the established companies in an industry and benchmarks them across 10 criteria on the Frost Radar™, where the leading companies in the industry are then positioned.
Author: Anirudh Bhaskaran

Strategic Imperative
Growth Environment
Frost Radar™: AI and IoT-driven Building Energy Management
Frost Radar™: Competitive Environment
ABB
Bosch
BrainBox AI
Danfoss (Leanheat)
Daikin Applied
EcoEnergy Insights
Ecolibrium
GridPoint
Honeywell
Johnson Controls (JCI)
Metron
Optimum Energy
Siemens
Schneider Electric
Verdigris
Strategic Insights
Significance of Being on the Frost Radar™
Frost Radar™ Empowers the CEO’s Growth Team
Frost Radar™ Empowers Investors
Frost Radar™ Empowers Customers
Frost Radar™ Empowers the Board of Directors
Frost Radar™: Benchmarking Future Growth Potential
Frost Radar™: Benchmarking Future Growth Potential
Legal Disclaimer
Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform
Growth Index
Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.
- Market Share (previous 3 years)
This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years. - Revenue Growth (previous 3 years)
This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™. - Growth Pipeline
This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities. - Vision and Strategy
This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision? - Sales and Marketing
This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.
Innovation Index
Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.
- INNOVATION SCALABILITY
This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals. - RESEARCH AND DEVELOPMENT
This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline. - PRODUCT PORTFOLIO
This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue. - MEGATRENDS LEVERAGE
This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline. - CUSTOMER ALIGNMENT
This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.
Significance of Being on the Frost Radar™
Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.
- GROWTH POTENTIAL
Your organization has significant future growth potential, which makes it a Company to Action. - BEST PRACTICES
Your organization is well positioned to shape Growth Pipeline™ best practices in your industry. - COMPETITIVE INTENSITY
Your organization is one of the key drivers of competitive intensity in the growth environment. - CUSTOMER VALUE
Your organization has demonstrated the ability to significantly enhance its customer value proposition. - PARTNER POTENTIAL
Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.
Speak directly with our analytics experts for tailored recommendations.
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
| Deliverable Type | Frost Radar |
|---|---|
| Author | Anirudh Bhaskaran |
| Industries | Environment |
| No Index | No |
| Is Prebook | No |
| Podcast | No |
| WIP Number | PD21-01-00-00-00 |
Frost Radar: Artificial Intelligence (AI) and IoT-driven Building Energy Management, 2022
A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines
07-Jun-2022
Global
Frost Radar
