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Smart Building Data Management Platform Development

yalantis

Manufacturing

Utilities

Real Estate

Existing Business Challenges

The client operates primarily as a hardware manufacturer with limited end-customer engagement and no software capabilities. Market research indicates competitors are offering integrated hardware-software solutions, creating pressure to evolve their business model. The client lacks in-house expertise to develop data management software, risking loss of competitive advantage and revenue opportunities from enterprise customers.

About the Client

Large hardware manufacturer specializing in IoT sensors for smart buildings, seeking to expand into software-enabled services

Key Project Goals

Develop a scalable data management platform to complement hardware offerings
Reduce time-to-market by 30% using existing IoT platform accelerators
Implement subscription-based monetization model for recurring revenue
Attract and retain enterprise customers through enhanced value proposition
Enable integration with third-party systems and future scalability

Core System Capabilities

Device onboarding and configuration workflows
Real-time dashboards with customizable visualizations
Advanced analytics and reporting modules
Customizable alert system for key metrics
Role-based access control with flexible user groups
Electronic blueprint plan management with drag-and-drop functionality
Integration with electricity price APIs for cost forecasting
Machine learning-based energy consumption forecasting

Technology Stack Requirements

IoT platform accelerators

Cloud-native architecture

Machine learning frameworks

Real-time data processing systems

Modern web and mobile application frameworks

System Integration Needs

Third-party electricity pricing APIs
Building management systems
Existing hardware device protocols
Enterprise customer IT environments

Operational Requirements

Scalability to support 5,000+ connected devices
Real-time data processing with low latency
Enterprise-grade security and data privacy protections
High system availability (99.9% uptime)
Cross-platform compatibility for web and mobile

Expected Business Outcomes

The platform is expected to reduce customer acquisition costs by expanding market reach to both enterprise and SME segments, increase annual revenue by 10% through subscription-based monetization, and improve customer retention through enhanced value proposition. The solution should enable faster deployment of IoT projects (30% reduction in time-to-market) while establishing the client as a comprehensive smart building solutions provider.