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Buildings 2017, 7(4), 104;

Data Commercialisation: Extracting Value from Smart Buildings

Department of Built Environment, Aalto University, P.O. Box 14100, FI-00076 Aalto, Finland
Author to whom correspondence should be addressed.
Received: 10 August 2017 / Revised: 7 November 2017 / Accepted: 8 November 2017 / Published: 10 November 2017
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The purpose of this paper is to explore the current state of data commercialisation and external distribution in the Finnish real estate and construction (REC) sector. We focus on how companies could more effectively benefit from digitalisation, with more holistic utilisation of data from smart buildings. We assess the current state of data utilisation and distribution using a start-up company analysis and industry workshops. According to our research, the data from smart buildings is gathered on a large scale but very seldom distributed outside company borders. The reason for this almost non-existent external data distribution is the lack of value of the external data. As a solution, we propose the Internet of Buildings framework. The framework is based on a platform ecosystem model that is complemented with data commercialisation roles. It takes into account the current data-related opportunities and challenges in the sector. Within the framework, we suggest stakeholder roles and modes of interaction that promote value creation from smart building data. The framework can be used as a starting point for developing data commercialisation and external data distribution in the sector. View Full-Text
Keywords: smart buildings; data commercialisation; data distribution; platforms; digital technologies; value creation; buildings services smart buildings; data commercialisation; data distribution; platforms; digital technologies; value creation; buildings services

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This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited (CC BY 4.0).

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Säynäjoki, A.; Pulkka, L.; Säynäjoki, E.-S.; Junnila, S. Data Commercialisation: Extracting Value from Smart Buildings. Buildings 2017, 7, 104.

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