Siemens and Telefónica cooperate to develop smart building market

According to reports, Siemens, the market leader in smart building innovation and technology, and Telefónica Technology have reached a cooperation. The two parties will work together in areas with high growth potential such as IoT, big data, blockchain, network security and cloud, which will serve the Spanish market and provide integrated intelligent building construction solutions and services.

Siemens and Telefónica cooperate to develop smart building market

This cooperation agreement will enable the two companies to come up with a common value proposition, including solutions for improving physical security, monitoring and operation and energy efficiency, as well as user experience and service digitization, where connectivity plays a leading role. Similarly, they will provide an infrastructure that facilitates data collection and analysis, so that data can be transformed into useful information to help managers make better decisions.

The experience and expertise of the two companies will also enable them to include other joint solutions related to optimization, such as smart lighting, environmental monitoring, predictive maintenance, smart parking occupancy and capacity management, etc. For example, audiovisual and space reservation solutions. In addition, Siemens and Telefónica Technologies will provide comprehensive solutions to prevent building fires and use closed-circuit television (CCTV) to monitor entrances and potential intrusions, including the possibility of analyzing these videos.

Impact on sustainable development

Therefore, Siemens and Telefónica provide a complete product portfolio for buildings. In these buildings, technology can help companies achieve their sustainable development goals through different solutions. These solutions can help optimize resources or reduce Environmental impact. Buildings account for 36% of world energy consumption and 39% of greenhouse gas emissions during their life cycle. Companies are now more aware of the importance of sustainability and the economic benefits it brings than ever before. Siemens and Telefónica are confident that their cooperation will bring customers a competitive advantage.

Smart buildings interact with surrounding people, systems and external elements. They learn from past experience and real-time information collection. By improving comfort, efficiency, flexibility and safety, it can adapt to the needs of people and the enterprise.

For more than 170 years, Siemens has provided society with groundbreaking technologies and improved the city's infrastructure to make it more sustainable. The combination of communication, physical security and connectivity features of Telefónica and Siemens solutions will make all types of buildings from hospitals to corporate offices, shopping malls or industrial facilities smarter.

On the other hand, Telefónica Technology provides specific solutions for smart cities. Through the implementation of IoT, big data and other technologies, it can obtain basic information for protecting the environment and detecting anomalies, such as water consumption, street lighting, and HVAC system.

"Combining the two companies' product portfolios to realize the potential for communications, security and energy efficiency creates significant opportunities to improve buildings and prepare for the future," Fernando Silva, Director of Intelligent Infrastructure, Siemens Spain explain. He also commented: "We combine Telefónica's expertise in communications with Siemens' expertise in smart grids and building automation, allowing us to implement a comprehensive solution for any private or public institution building."

"This agreement with Siemens demonstrates the potential of Telefónica as an integrator of connectivity-based solutions (in this agreement, we will provide our expertise in connectivity, physical security, Internet of Things and big data) and the sustainable development organization of providers who provide plans for the digital transformation of enterprises. We will work together to make smart buildings more advanced so as to improve energy efficiency and contribute to the improvement of people’s lives at the same time." Telefónica Technology Internet of Things and Great Britain Elena Gil explained, who is the global director of data products and business operations.

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