Smart Buildings

Property Owners are Now Realizing they Need to Future-Proof their Buildings

“A building manager goes home and talks to his Alexa and has a really great software experience with five or six different mobile apps during the day. Then they get to their office, and all the systems haven’t changed in 20 years,” suggests Luke Schoenfelder, co-founder of smart lock provider Latch, in light of off-the-shelf smart home technology. New York based Latch, who have raised a total of $26 million since being founded in 2014, create smart access control systems that work independently but only reach their full potential when feeding information into a centralized smart building system. What Schoenfelder and his team face all too often is commercial buildings that simply do not have the infrastructure to become smart without significant capital investment. Arie Barendrecht, co-founder of WiredScore, a firm that grades buildings’ connectivity and tech infrastructure, reports that only about 20% of New York office buildings have the high-speed internet wiring needed to […]

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