Smart Buildings

Small & Medium Sized Commercial Buildings are Well Behind the Curve for IoT Adoption

The vast majority of commercial buildings are yet to fully exploit the potential of intelligent control systems, let alone attempt to integrate multiple business and building systems together into the building Internet of Things (BIoT). That’s according to our latest research report The Internet of Things in Smart Commercial Buildings 2018 to 2022, which identifies a huge and untapped market segment that ripe for solutions to fit its profile. “BIoT technology penetration for Small and Medium Sized Commercial buildings in particular, is well behind the curve in terms of adoption. This situation is largely a consequence of the business models and economic imperatives that have historically driven the building controls market,” explains the comprehensive report analyzing every aspect of the complex BIoT market. As you might expect, large commercial buildings will often have dedicated facilities managers as well as dedicated building management budgets. They are, therefore, more likely to invest in building management systems and […]

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