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NEW JOHNSON CONTROLS REPORT SHOWS SMART BUILDINGS A COMPETITIVE EDGE FOR COMMERCIAL REAL ESTATE AND RETAIL LEADERS

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NEW JOHNSON CONTROLS REPORT SHOWS SMART BUILDINGS A COMPETITIVE EDGE FOR COMMERCIAL REAL ESTATE AND RETAIL LEADERS
Business

Business

NEW JOHNSON CONTROLS REPORT SHOWS SMART BUILDINGS A COMPETITIVE EDGE FOR COMMERCIAL REAL ESTATE AND RETAIL LEADERS

2024-09-25 20:45 Last Updated At:21:05

  • New report reveals investments in smart buildings are essential for leaders to enhance sustainability, security, and save money
  • 75% of commercial real estate and retail leaders say smart buildings are important to accelerating digital transformation efforts
  • Nearly two-thirds of respondents say smart buildings are important for reducing costs, accelerating sustainability initiatives, and driving business growth.

NEW YORK, Sept. 25, 2024 /PRNewswire/ -- As the commercial real estate sector faces unprecedented challenges and against the backdrop of New York Climate Week 2024, the biggest annual climate event of its kind, the movement toward smarter buildings is top of mind. Building on a 2023 commissioned study conducted by Forrester Consulting on behalf of Johnson Controls (NYSE:JCI), a recently released spotlight report, "Cracking The Smart Buildings Code: A Spotlight On Retail And Commercial Real Estate," reveals that investments in smart buildings are essential for leaders aiming to enhance sustainability, security, and save money.

"Smart buildings are not just a trend; there is growing recognition they are a necessity for modern commercial real estate," said Vijay Sankaran, vice president and chief technology officer, Johnson Controls. "This report highlights the urgent need for integrated systems and expert partners to navigate the complexities of today's commercial real estate market to achieve long-term success."

The digitalization of buildings provides an immense opportunity to gain a clearer picture of the operation of facilities to create sustainable, healthy, and safe environments—a critical differentiator for both commercial real estate tenants and buyers. Notably, 75% of commercial real estate and retail leaders say smart buildings are important to accelerating their digital transformation efforts. Nearly two-thirds of leaders indicate smart buildings are important for reducing costs, accelerating sustainability initiatives, and driving business growth. These results reveal that retail and commercial real estate leaders are seeking outcomes that have a positive impact for building owners, occupants and the bottom line.

Additional key findings include:

  • Competitive Differentiator: Investing in smart buildings is a competitive differentiator. Smart buildings not only help commercial real estate and retail leaders attain sustainable, secure, and efficient outcomes, but they also competitively differentiate their facilities in the market.
  • Integration Gaps: Only 13% of commercial real estate and retail leaders say they have fully integrated building systems, leading to inefficiencies and increased risks. This lack of integrated data and insight is reducing operating efficiencies (62%), reducing customer loyalty (59%), and increasing regulatory penalties (57%).
  • Vital Insights: Building data is crucial for decision-making across various departments, including security, sustainability, and facilities management, and many leaders recognize the current risks they face by having limited data.
  • Partner Expertise: Leaders seek partners with advanced technology, integration capabilities, and industry experience to drive smart building initiatives.

Johnson Controls is optimized to be the leading comprehensive solutions provider for commercial buildings, as a one-stop-shop for leaders looking for a partner with the technology and industry experience to drive meaningful outcomes. The company delivers a diverse portfolio of solutions for a variety of industries, from schools to office buildings, arenas to hospitals.

"As a leader in the smart buildings industry, we have a comprehensive understanding of how connected, data-driven solutions provide deeper insights into a building's performance and how we can optimize equipment performance and enable proactive services," said Julie Brandt, president of Building Solutions North America at Johnson Controls. "This report confirms what we're already hearing from our customers, that smart buildings are foundational to the design, operation, and maintenance of indoor environments, ultimately driving value."

At the center of Johnson Controls' smart building strategy is OpenBlue, an industry-leading ecosystem of connected technologies, expertise and services. Combining data from across a building's systems and using advanced digital experiences augmented with AI, OpenBlue provides actionable insights and controls that save more energy and reduce more emissions than possible with isolated systems. It also helps customers in simplifying carbon disclosure reporting and regulatory compliance with building performance standards. With deployments across the globe spanning commercial office spaces, healthcare, education, campuses and more, OpenBlue enables real-time data visibility across assets, people and processes, empowering customers to drive intelligent and proactive operations from a single pane of glass.

To learn more about how Johnson Controls OpenBlue is transforming smart buildings, please visit: http://www.johnsoncontrols.com/OpenBlue.

For more insights, download the full report, "Cracking The Smart Buildings Code: A Spotlight On Retail And Commercial Real Estate," available now here: https://www.johnsoncontrols.com/insights/2024/white-paper/cracking-the-code-cre.

Methodology
In August 2023, Johnson Controls commissioned Forrester Consulting to evaluate the state of smart buildings. Forrester conducted an online survey with 3,445 respondents responsible for smart building strategy to explore this topic. All respondents were asked high-level smart building strategy questions and then more granular questions depending on their level of responsibility for sustainability, security, and/or building environmental systems. Respondents represented organizations in 18 industries and 25 countries. The study was conducted in a double-blind fashion. This spotlight is focused on a subset of 299 smart buildings decision-makers in retail and commercial real estate.

INVESTOR CONTACT:

MEDIA CONTACT:

Jim Lucas

Danielle Canzanella

Direct: +1 414.340.1752

Direct: +1 203.499.8297

Email:  jim.lucas@jci.com

Email: media@jci.com


About Johnson Controls:
At Johnson Controls (NYSE:JCI), we transform the environments where people live, work, learn and play. As the global leader in smart, healthy and sustainable buildings, our mission is to reimagine the performance of buildings to serve people, places and the planet.

Building on a proud history of nearly 140 years of innovation, we deliver the blueprint of the future for industries such as healthcare, schools, data centers, airports, stadiums, manufacturing and beyond through OpenBlue, our comprehensive digital offering.

Today, with a global team of 100,000 experts in more than 150 countries, Johnson Controls offers the world's largest portfolio of building technology and software as well as service solutions from some of the most trusted names in the industry.

Visit www.johnsoncontrols.com for more information and follow @Johnson Controls on social platforms.




  • New report reveals investments in smart buildings are essential for leaders to enhance sustainability, security, and save money
  • 75% of commercial real estate and retail leaders say smart buildings are important to accelerating digital transformation efforts
  • Nearly two-thirds of respondents say smart buildings are important for reducing costs, accelerating sustainability initiatives, and driving business growth.

NEW YORK, Sept. 25, 2024 /PRNewswire/ -- As the commercial real estate sector faces unprecedented challenges and against the backdrop of New York Climate Week 2024, the biggest annual climate event of its kind, the movement toward smarter buildings is top of mind. Building on a 2023 commissioned study conducted by Forrester Consulting on behalf of Johnson Controls (NYSE:JCI), a recently released spotlight report, "Cracking The Smart Buildings Code: A Spotlight On Retail And Commercial Real Estate," reveals that investments in smart buildings are essential for leaders aiming to enhance sustainability, security, and save money.

"Smart buildings are not just a trend; there is growing recognition they are a necessity for modern commercial real estate," said Vijay Sankaran, vice president and chief technology officer, Johnson Controls. "This report highlights the urgent need for integrated systems and expert partners to navigate the complexities of today's commercial real estate market to achieve long-term success."

The digitalization of buildings provides an immense opportunity to gain a clearer picture of the operation of facilities to create sustainable, healthy, and safe environments—a critical differentiator for both commercial real estate tenants and buyers. Notably, 75% of commercial real estate and retail leaders say smart buildings are important to accelerating their digital transformation efforts. Nearly two-thirds of leaders indicate smart buildings are important for reducing costs, accelerating sustainability initiatives, and driving business growth. These results reveal that retail and commercial real estate leaders are seeking outcomes that have a positive impact for building owners, occupants and the bottom line.

Additional key findings include:

  • Competitive Differentiator: Investing in smart buildings is a competitive differentiator. Smart buildings not only help commercial real estate and retail leaders attain sustainable, secure, and efficient outcomes, but they also competitively differentiate their facilities in the market.
  • Integration Gaps: Only 13% of commercial real estate and retail leaders say they have fully integrated building systems, leading to inefficiencies and increased risks. This lack of integrated data and insight is reducing operating efficiencies (62%), reducing customer loyalty (59%), and increasing regulatory penalties (57%).
  • Vital Insights: Building data is crucial for decision-making across various departments, including security, sustainability, and facilities management, and many leaders recognize the current risks they face by having limited data.
  • Partner Expertise: Leaders seek partners with advanced technology, integration capabilities, and industry experience to drive smart building initiatives.

Johnson Controls is optimized to be the leading comprehensive solutions provider for commercial buildings, as a one-stop-shop for leaders looking for a partner with the technology and industry experience to drive meaningful outcomes. The company delivers a diverse portfolio of solutions for a variety of industries, from schools to office buildings, arenas to hospitals.

"As a leader in the smart buildings industry, we have a comprehensive understanding of how connected, data-driven solutions provide deeper insights into a building's performance and how we can optimize equipment performance and enable proactive services," said Julie Brandt, president of Building Solutions North America at Johnson Controls. "This report confirms what we're already hearing from our customers, that smart buildings are foundational to the design, operation, and maintenance of indoor environments, ultimately driving value."

At the center of Johnson Controls' smart building strategy is OpenBlue, an industry-leading ecosystem of connected technologies, expertise and services. Combining data from across a building's systems and using advanced digital experiences augmented with AI, OpenBlue provides actionable insights and controls that save more energy and reduce more emissions than possible with isolated systems. It also helps customers in simplifying carbon disclosure reporting and regulatory compliance with building performance standards. With deployments across the globe spanning commercial office spaces, healthcare, education, campuses and more, OpenBlue enables real-time data visibility across assets, people and processes, empowering customers to drive intelligent and proactive operations from a single pane of glass.

To learn more about how Johnson Controls OpenBlue is transforming smart buildings, please visit: http://www.johnsoncontrols.com/OpenBlue.

For more insights, download the full report, "Cracking The Smart Buildings Code: A Spotlight On Retail And Commercial Real Estate," available now here: https://www.johnsoncontrols.com/insights/2024/white-paper/cracking-the-code-cre.

Methodology
In August 2023, Johnson Controls commissioned Forrester Consulting to evaluate the state of smart buildings. Forrester conducted an online survey with 3,445 respondents responsible for smart building strategy to explore this topic. All respondents were asked high-level smart building strategy questions and then more granular questions depending on their level of responsibility for sustainability, security, and/or building environmental systems. Respondents represented organizations in 18 industries and 25 countries. The study was conducted in a double-blind fashion. This spotlight is focused on a subset of 299 smart buildings decision-makers in retail and commercial real estate.

INVESTOR CONTACT:

MEDIA CONTACT:

Jim Lucas

Danielle Canzanella

Direct: +1 414.340.1752

Direct: +1 203.499.8297

Email:  jim.lucas@jci.com

Email: media@jci.com

About Johnson Controls:
At Johnson Controls (NYSE:JCI), we transform the environments where people live, work, learn and play. As the global leader in smart, healthy and sustainable buildings, our mission is to reimagine the performance of buildings to serve people, places and the planet.

Building on a proud history of nearly 140 years of innovation, we deliver the blueprint of the future for industries such as healthcare, schools, data centers, airports, stadiums, manufacturing and beyond through OpenBlue, our comprehensive digital offering.

Today, with a global team of 100,000 experts in more than 150 countries, Johnson Controls offers the world's largest portfolio of building technology and software as well as service solutions from some of the most trusted names in the industry.

Visit www.johnsoncontrols.com for more information and follow @Johnson Controls on social platforms.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

NEW JOHNSON CONTROLS REPORT SHOWS SMART BUILDINGS A COMPETITIVE EDGE FOR COMMERCIAL REAL ESTATE AND RETAIL LEADERS

NEW JOHNSON CONTROLS REPORT SHOWS SMART BUILDINGS A COMPETITIVE EDGE FOR COMMERCIAL REAL ESTATE AND RETAIL LEADERS

HO CHI MINH CITY, Vietnam, Jan. 12, 2026 /PRNewswire/ -- Digital travel platform Agoda reveals that Vietnam is becoming an increasingly popular year-end travel choice for families in the region and beyond. Based on searches made between September and November 2025 for stays during December 2025 and January 2026, Agoda recorded a 30% increase in family travel interest to Vietnam compared with the same period the previous year.

Agoda data shows that Vietnam is attracting more international families than ever this winter holiday season. South Koreans take the lead as the top market interested in traveling to Vietnam in December and January, with families from India, Singapore, Australia, and Malaysia rounding out the top five. Notably, Agoda reported that Indian families showcased the highest growth in travel interest to Vietnam during this period, with a 186% increase in searches. Malaysians also, are expressing strong growth in interest, with a 74% increase in searches, highlighting Vietnam's appeal as a family destination in Southeast Asia and beyond.

Families are choosing Vietnam for its storied culture and cuisine, diverse landscapes, and abundance of family-friendly resorts and attractions.

Phu Quoc Island leads as the most sought-after destination among international family travelers with a 47% increase in searches, popular for its sandy beaches, calm waters, and nature parks ideal for multi-generation vacations. Da Nang follows with 42% growth in travel interest, noted for its beaches, soft adventure activities, and access to Ba Na Hills theme park. Nha Trang comes in third place, remaining a favorite for its long coastline, family-oriented resorts, and island experiences. In fourth place, Ho Chi Minh City appeals with its vibrant food scene, entertainment complexes, and day trips to the Mekong Delta. In the north, Hanoi continues to draw families with its cultural landmarks, museums, and festive atmosphere, rounding out the top five most family-friendly year-end destinations in Vietnam.

Meanwhile, although Vietnamese families traditionally travel less internationally at the end of the year – typically preferring to wait for the Lunar New Year - China is becoming a noticeable exception. Among the top 20 outbound destinations preferred by Vietnamese families during the December-January period, searches for Shanghai increased 58%, while Beijing increased 59%. This shift is supported by the launch of new direct routes between Hanoi and selected Chinese cities earlier this year, making end-of-year overseas trips more accessible than ever.

Vu Ngoc Lam, Country Director at Agoda, said: "It is wonderful to see Vietnam increasingly chosen as an end-of-year holiday destination for families from across Asia and beyond. Agoda's data shows that travelers are recognizing Vietnam's family-friendly appeal, which further strengthen its position on the global travel map. As more families plan their festive-season or year-end getaways, we are delighted to support them through Agoda's simple, intuitive platform and our wide range of stays, flights, and activities."

With over 6 million properties, 130,000 flight routes, and 300,000 activities, all bookable in one seamless itinerary, Agoda helps families plan memorable year-end holidays, whether they choose a peaceful beach break, a cultural city escape, or an international exploration to mark the close of the year.

HO CHI MINH CITY, Vietnam, Jan. 12, 2026 /PRNewswire/ -- Digital travel platform Agoda reveals that Vietnam is becoming an increasingly popular year-end travel choice for families in the region and beyond. Based on searches made between September and November 2025 for stays during December 2025 and January 2026, Agoda recorded a 30% increase in family travel interest to Vietnam compared with the same period the previous year.

Agoda data shows that Vietnam is attracting more international families than ever this winter holiday season. South Koreans take the lead as the top market interested in traveling to Vietnam in December and January, with families from India, Singapore, Australia, and Malaysia rounding out the top five. Notably, Agoda reported that Indian families showcased the highest growth in travel interest to Vietnam during this period, with a 186% increase in searches. Malaysians also, are expressing strong growth in interest, with a 74% increase in searches, highlighting Vietnam's appeal as a family destination in Southeast Asia and beyond.

Families are choosing Vietnam for its storied culture and cuisine, diverse landscapes, and abundance of family-friendly resorts and attractions.

Phu Quoc Island leads as the most sought-after destination among international family travelers with a 47% increase in searches, popular for its sandy beaches, calm waters, and nature parks ideal for multi-generation vacations. Da Nang follows with 42% growth in travel interest, noted for its beaches, soft adventure activities, and access to Ba Na Hills theme park. Nha Trang comes in third place, remaining a favorite for its long coastline, family-oriented resorts, and island experiences. In fourth place, Ho Chi Minh City appeals with its vibrant food scene, entertainment complexes, and day trips to the Mekong Delta. In the north, Hanoi continues to draw families with its cultural landmarks, museums, and festive atmosphere, rounding out the top five most family-friendly year-end destinations in Vietnam.

Meanwhile, although Vietnamese families traditionally travel less internationally at the end of the year – typically preferring to wait for the Lunar New Year - China is becoming a noticeable exception. Among the top 20 outbound destinations preferred by Vietnamese families during the December-January period, searches for Shanghai increased 58%, while Beijing increased 59%. This shift is supported by the launch of new direct routes between Hanoi and selected Chinese cities earlier this year, making end-of-year overseas trips more accessible than ever.

Vu Ngoc Lam, Country Director at Agoda, said: "It is wonderful to see Vietnam increasingly chosen as an end-of-year holiday destination for families from across Asia and beyond. Agoda's data shows that travelers are recognizing Vietnam's family-friendly appeal, which further strengthen its position on the global travel map. As more families plan their festive-season or year-end getaways, we are delighted to support them through Agoda's simple, intuitive platform and our wide range of stays, flights, and activities."

With over 6 million properties, 130,000 flight routes, and 300,000 activities, all bookable in one seamless itinerary, Agoda helps families plan memorable year-end holidays, whether they choose a peaceful beach break, a cultural city escape, or an international exploration to mark the close of the year.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Agoda Data Shows Vietnam Rising as a Favorite End-of-Year Destination for Families Across Asia and Beyond

Agoda Data Shows Vietnam Rising as a Favorite End-of-Year Destination for Families Across Asia and Beyond

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