2025 Smart Buildings Exchange Recap

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Why smart building technology is here to stay

August 7, 2019 By SBC

The term ‘smart building technologies’ is not just a buzz word according to this socPUB article which describes how these technologies are here to stay.  The article states that “intelligent, more aware buildings are being developed to offer unprecedented levels of energy and resource efficiency, organizational management, general optimization, and improved occupant health and productivity.”  The article goes on to site a Memoori report that reveals that “the global market for IoT in buildings will grow from $34.8 billion at the end of 2017 to $84.2 billion by 2022.”

The article provides some answers to key questions like what does smart building technology truly offer the commercial world, and what are the benefits.  To read the full article and additional benefits of smart building technologies to commercial building owners, click here.

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