The Internet of Things (IoT), a collective term relating to sensors and Internet-connected devices, continues to connect the world in ways we never imagined. IoT brings real-time visibility, enabling users to monitor and control physical assets. Reductions in sensor size and cost allow for monitoring and control on a bigger and bigger scale. One study suggests that by 2025, IoT could become …
Investment in smart building technology has made major inroads in commercial real estate around the world. While companies worldwide spent $6.3 billion on smart buildings in 2014, that number pales in comparison to the $17.4 billion expenditure projected by 2019.
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