For many building owners and facility managers, frozen pipes can be one of the most dreaded problems that can arise during the winter months. Most of you might think that frozen pipes is a limited problem but an insurance industry study reveals that the water damage caused by broken and frozen pipes rank second, behind hurricanes in the insurance claim …
How IOT Can Increase Property Value and Decrease Insurance Risk and Premiums
Commercial property value and insurance premiums have a positive relationship in most cases. Directly implying that an increase in the value of a commercial facility will invariably lead to an increase in its annual premium.
How Smart Building Technology is Shaping the Future of Commercial Real Estate
How many times have you discussed how hot or cold your office was over the last few months? Many office workers would agree that the biggest battle in commercial buildings is the fight over the thermostat. Not only do people have different tolerances for hot and cold, but different sections of buildings have different temperature ranges depending on sun
How IoT Unlocks the Captive Real Estate Market
More and more facility managers are looking at the Internet of Things to address building automation obsolescence and the captive real estate market. This is because legacy BAS equipment vendors may provide limited upgrade paths or fail to include modern features. Even now, facility managers often face high-cost upgrades from the vendor, operation disruption from switching to another vendor, or are …