Smart Buildings

The Best Talent will Demand the Smartest Buildings

Smart commercial buildings are in demand. That’s the conclusion of several studies that suggest we may be on a turning point for smart building development, one that moves them from a niche, high-end facilities to a standard in our business districts. An MIT Center for Real Estate report, which analyzed data of over 650 smart and non-smart buildings in New York, showed that rent for smart buildings was 37% higher than for non-smart buildings. Smart buildings are often new, well-located, and hold a certain prestige but to command this much more rent, on average, suggests that the smartness makes up a large part of the tenants’ decision. Other research supports this theory idea. A survey by Radius Global Market Research for WiredScore found that a building’s internet connectivity is fundamental to commercial real estate decisions. Of the respondents, 87% say that connectivity is an important factor in selecting a work environment. This figure was edged […]

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Most Popular Articles

Security

Mapping the Strategic Direction of Johnson Controls – Part 2

This Research Note examines the emerging strategic priorities of Johnson Controls (JCI) in physical and cyber security. We have mapped acquisitions, divestments, strategic partnerships and investment activity to ascertain the growth ambitions of the group, by categorizing the various business relationships by technology and investment type over a 3-year period. This article, part 2 of a 2-part analysis, […]

Security

Mapping the Strategic Direction of ADT Security

In this research note, we map the strategic direction of US security alarms and monitoring services provider ADT. This analysis focuses on the acquisition, investment and partnership moves they have made in Smart Home, Mobility and Connectivity / Cyber Security. ADT Reported revenues of $5.3 billion in 2021, They met or exceeded guidance from the […]

Smart Buildings

Smart Buildings Are Being Forced into a Cyber AI Arms Race

Cyber-attacks now rank alongside natural disasters and climate change as one of humanity’s top ten risks globally, according to the World Economic Forum. Like pandemics and global economic crises, a wide range of buildings, businesses, public services, and almost every facet of society is at risk after the widespread proliferation of connected technologies, such as the […]

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