The commercial building industry has been notoriously slow in its adoption of new smart buildings technologies, struggling with a deep-seated inertia that has seen innovation lag other market verticals. Bound by the shackles of long-established practices and the burden of decades-old infrastructure and systems, it remains highly resistant to disruption. Complex supply chains, entrenched ecosystems, and convoluted design and procurement processes, seemingly set in stone, further deter market disruptors. With a mindset deeply rooted in the adage “If it ain’t broke, don’t fix it,” breaking free from these shackles presents a significant challenge. As part of our recent research into the Building Internet of Things, we’ll explore this resistance and propose ways the industry can start to overcome these traditional barriers. Capital Investment & Risk Aversion To start, let’s consider the significant role of capital investment. Traditional building systems, such as HVAC, lighting, and security systems, represent a considerable sunk cost for building owners and […]