The confluence of the Internet of Things (IoT) with building operations is creating a significant opportunity for building owners, operators, and occupants to create smart, digitally connected spaces that support the people. It is estimated that the global market for the Internet of Things in Buildings (BIoT) will rise up to $154.1 billion by the year 2025. Indeed, the real estate industry is uniquely positioned to implement the technology, using IoT-enabled building management systems (BMS) to make building performance more efficient while also leveraging sensor-generated data to enhance building user experience.
A fully integrated, IoT-enabled BMS can leverage one infrastructure to operate all building management solutions and require minimal to no manual involvement. Internet protocol-enabled devices can expedite intelligent decision-making by automating point decisions and improving strategic insights. This allows data to automatically flow around the information value loop without manual interaction, allowing quick action on the data and creating new value for commercial real estate organizations. In creating value through information generated by connected systems, IoT applications can not only improve efficiency but provide new opportunities for differentiation and even new revenue.
At this juncture, many intelligent building solution providers are entering the domain with advanced and integrated offerings. To help the property sector strengthen its operational capabilities and simultaneously enable growth in the industry, Construction Tech Review has compiled a list of the emerging intelligent building solution providers. The list comprises prominent organizations in the industry that address issues pertinent to the real estate sector by implementing current trends. Besides, the magazine also includes insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for aspiring CIOs.
We present to you Construction Tech Review’s, “Top 10 Intelligent Building Solution Providers –2021,” and “Top 10 Intelligent Building Emerging Companies – 2021.”
