Digitization is driving the transformation of our modern economies. That is the view of many experts who see the potential gains from the masses of data now streaming in from all manner of connected objects. Needless to say, digitization from computers, the Internet and smartphones have and will continue to make a huge impact on economies worldwide. However, the emergence of the Building Internet of Things (BIoT) will help take digitization, data generation and the subsequent economic transformation to an unprecedented level. This is one of the central findings from our new report The Internet of Things in Smart Commercial Buildings 2016 to 2021. According to German technology giant and smart building innovator Siemens, there are already 3.8 billion objects connected to the IoT at present, with the figure expected to surge to as many 26 billion by the end of the decade. These developments will be imperative to economic growth, given that the demographics, […]