Today, roughly 75% of the EU building stock is energy inefficient and, collectively, buildings are responsible for 40% of EU energy consumption and 36% of its greenhouse gas emissions, according to the EU Commission. Renovating existing buildings could reduce the EU’s total energy consumption by 5-6% and lower CO2 emissions by about 5% but, on average, less than 1% of the region’s building stock is renovated each year, limiting progress. However, “you can’t improve what you don’t measure,” said well-known Austrian management consultant Peter Drucker, and in his native Europe, measuring performance is now seen as the key to better buildings.  “Digital innovations, such as the Internet of Things, are reshaping the society and economy we live in. We spend most of our time in buildings. They are at the core of our society, and they are crucial for the energy transition. Our buildings must be fit for the challenges and opportunities triggered by digital transformation technologies. […]