Variants of products and services as per different applications
+5
Expandability of product and service across different applications
+14
Breadth and Depth of Product Offerings
+5
Product Features and Functionality
+7
Target audience and positioning of product & services
+6
Total R&D spend & its % for this particular product & services
+6
Focus on Product Innovation
+7
Product Branding
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UNITED TECHNOLOGIES CORPORATION Presence in
Smart Office Solutions
UTC operating units include businesses with operations throughout the world. The company has got operations in more than 4,000 locations in ~71 countries. UTC focuses on innovations in the field of smart office. The company has a strong position and brand image in the smart office market. It intends to strengthen its hold in this market by investing more in the R&D and partnering with global players in its respective segment. For instance, in 2015, UTC Building & Industrial Systems India collaborated with HCL Infosystems Ltd. (India) for developing and distributing access control, video surveillance, and building management solutions in India. With the help of this collaboration, United Technology expanded its reach in APAC. Strategic mergers and acquisitions have also helped the company to strengthen its position in the smart office market. For instance, in 2015, UTC Building & Industrial Systems, a business unit of United Technologies Corp., acquired CIAT (France) to strengthen its product portfolio and geographic hold. CIAT is a company providing HVAC systems.
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