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Blockchain and IoT are best viewed as business tools, not just some new technological innovations. When combined they have the potential to drive the construction industry towards effectiveness, accountability, and transparency. Whilst there are still several hurdles to overcome, their potential to reshape the construction industry for the better is simply too great to be missed.
Smart buildings bring numerous conveniences to property managers, but IoT, which allows buildings and devices to communicate, also exposes security issues.
Let's look at how the HVAC and BMS industry has separated from IoT.
Time has shown that implementing an IoT project without a definitive business goal in mind doesn't work. Start by considering what's standing in your company's way in regard to three things: increasing revenue, reducing operating costs, and mitigating risk.
Facility management companies can add value and increase profit margins by using IoT solutions to reduce costs, increase added value services, expand their service scope with new data and improve the experience of their tenants.
Applying machine learning to smart buildings has the potential to completely change our relationship to the built environment. To understand how impactful this change could be, the current state of building...
The hospitality industry is trying to find the X factor to get back on top. With competitors like Airbnb entering the scene as unique places for travelers to stay and brand...
The first step to any IoT project is having in-depth knowledge and understanding of the problem that needs to be solved. The biggest opportunities in the Smart Building market have existed...