Smart Buildings

If Data Is The New Gold, Then Data Scientists Are The New Gold Miners

If data is the new gold, then data scientists are the new gold miners, and they use a smart generation of tools to prospect, unearth and refine nuggets of actionable intelligence from growing big data mines. You need only look at recruitment website to see the massive demand for data scientists, as well as their ascent in salary and stature. So what does the rise of the data scientist for smart technology and IoT sector? “The driving force of big data is not technology, but the economics of data storage. Cell phones, lifts, doors and weather stations always used to throw out tremendous amounts of data every few seconds; we just never used to record it. Now we can,” says David Richards, chief executive and co-founder of software company WANdisco. However, “data itself doesn’t mean anything unless you translate meaning from it. It doesn’t replace decisions, it improves decision-making. Companies no longer need to speculate […]

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Most Popular Articles

Security

Building Better Fire Protection with Smart Technology

The destructive relationship between fire and buildings is as old as the history of buildings themselves. Fire protection has been a key reason for the development of new materials, construction methods, and safety protocols since the earliest buildings and each major fire acts as a trigger for innovation and regulation. The response to the Great Fire […]

Smart Buildings

Real Estate Service Firms Continue to Invest in Smart Building Tech in 2022

Acquisitions, partnerships and investments are playing an increasingly important role in implementing strategic goals for major stakeholders in the built environment, particularly in providing access to the range of innovative technologies being developed in the smart buildings space. We have seen a wave of investment by real estate services firms into technology solutions in 2021 with […]

Smart Buildings

Nordomatic Smart Buildings Business Examined

In this Research Note, we examine Nordomatic, the largest independent integrator of open, cloud-based smart building solutions in the Nordic region. This analysis is based on the Nordomatic 2021 Sustainability Report and their strategy to achieve global impact leadership within Smart Buildings by 2025. Founded in 1967 and headquartered in Stockholm, Sweden, Nordomatic reports a turnover of around SEK 1 billion (around $100 […]

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