target audience: TECH SUPPLIER Publication date: Dec 2022 - Document type: Market Note - Doc Document number: # US49315023
Qualcomm Technologies, Inc. and Siemens Collaborate on 5G Smart Buildings to Provide Horizontal Built-Environment Solutions
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Abstract
This IDC Market Note discusses the recently announced partnership between Qualcomm Technologies, Inc. and Siemens to test and accelerate 5G-enabled building automation solutions. It highlights that the intersection between 5G and smart building automation provides a fertile ground for innovation, with many projects still at the proof of concept stage. The document positions this partnership in the context of rising demand for holistic cross-vertical solutions for smart buildings and places and increasing investment in building energy efficiency and resilience, including through COVID-19 recovery stimulus funds.