Smart Buildings

The Collision of IT & OT is Shaping the Future of Buildings in the IoT Age

The Internet of Things for Buildings (BIoT) is simply so vast that it would be better described as an ecosystem than a business sector. An ecosystem is a community of elements, which interact with each other and their physical environment to create balance and functionality in a system. Where one business could potentially serve and even dominate every element of a business sector, the vastness and complexity of an ecosystem demands that firms work with one another to allow the system to function and evolve. “The opportunities presented by the BIoT are wide-ranging, complex and require a huge variety of different skills and market expertise to fully exploit. As such no single company has the means to tackle the market alone,” states our latest report The Internet of Things in Smart Commercial Buildings 2018 to 2022. “Instead, forward thinking vendors across the supply chain are carefully considering which particular market opportunities they wish to pursue. […]

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