Two of the most significant trends of the 21st century are the acceleration of global urbanization and the cyber-physical revolution. While rapid urbanization may enhance collaborative talent pools, it of course also brings with it many challenges to housing and infrastructure, as well as straining resources. However, the cyber-physical revolution, part of the wider digital revolution, has emerged as a potential coping mechanism for this unbridled urban sprawl. For the first time in history, more than half the world’s population lives in cities, 54.6% according to current UN statistics. Looking forward, the UN forecasts as much as 70% of the global population will live in cities by 2050, a staggering six billion people, almost doubling the current 3.6 billion urban residents. Something will have to change about the way we run our cities, something ‘Smart’. In North America 82% of the population already reside in cities, their southern neighbors in Latin America and the Caribbean […]
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 […]
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 […]
Is there one simple thing the commercial real estate industry could do to improve technology outcomes? Yes! Break down knowledge silos and share information. That’s why we created the open-source Developers Smart Building Project Canvas with help from Vanti and LMG (lmgiq.com) Watch my presentation at last month’s Smart Building Conference to learn more about […]
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