Frost & Sullivan grants KNX the 2023 Global Technology Innovation Leadership Award

Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Frost & Sullivan recently researched the smart home and buildings communication protocol industry and, based on its findings, recognizes KNX with the 2023 Global Technology Innovation Leadership Award. KNX delivers advanced solutions for smart homes and buildings, leveraging an open and globally recognized standard that ensures seamless interoperability and compatibility between products from different manufacturers.

Each year, Frost & Sullivan presents the Global Technology Innovation Leadership Award to the company that has developed a product with innovative features and functionality that is gaining rapid acceptance in the market. The award recognizes the quality of the solution and the customer value enhancements it enables. “Receiving this Award from such a highly regarded firm is a great honour. It is yet another confirmation of the reliability and long-standing innovative spirit KNX is known for. KNX Association and its KNX Members will always thrive to be one step ahead of the latest trends in smart home and building technology.” explains Franz Kammerl, President of KNX Association.

“KNX’s dedication to open standards and interoperability sets it apart from proprietary systems, fostering a strong community of developers and manufacturers and contributing to its growth and adaptability. The organization’s focus on international standardization enables it to maintain a global presence in the smart home and building industry, catering to diverse markets such as architecture, planning, construction, electrical installations, homes, buildings, offices, eCommerce, and manufacturing,” said Mia Martinez-Palacios, best practices research analyst at Frost & Sullivan.

With its customer-oriented strategy, KNX brings the latest technology to the market with a portfolio of over 8,000 certified KNX devices. By embracing emerging technologies such as Internet of Things (IoT) KNX has already released the KNX IoT technology used by its members in their newest KNX IoT devices, the company enables customers to rapidly adopt cutting-edge innovations with a wide range of benefits, including future-proof solutions, endless customization, excellent energy efficiency, and high comfort levels.

Furthermore, KNX is deeply committed to driving innovation by constantly exploring new ways to enhance the functionality and usability of its home and building automation products. As a result, the company's creativity and forward-thinking approach have positioned KNX as a major player in the ever-evolving field of smart homes and buildings, earning it Frost & Sullivan’s 2023 Global Technology Innovation Leadership Award.

“From commercial buildings, educational institutions, and healthcare facilities to residential spaces, KNX’s technology showcases its ability to optimize energy usage, enhance occupant comfort, and promote sustainability. Whether implementing smart lighting, HVAC controls, security systems, or intelligent energy management, the KNX standard meets the diverse needs of different building types and sizes,” noted Viswesh Vancheeshwar, industry principal at Frost & Sullivan.

The complete writeup from Frost & Sullivan on why KNX was recognised with the Global Technology Leadership Innovation Award can be found here