Smart Buildings

What Type of Smart Building Will Lead AI Adoption?

Artificial intelligence (AI) is the inevitable future for buildings but just like the adoption of smart technology over the last decade, the introduction of AI will be different for each building vertical. Retail, hospitality, healthcare, and office buildings, for example, each discovered their own use cases for smart technology, their varying needs created different drivers and barriers that led to smart tech's staggered adoption across the buildings landscape. Both PwC and McKinsey now predict that AI offers the medium-term potential to automate as much as 40% of the processes of the commercial real estate sector. At this critical turning point for the introduction of AI in commercial buildings, we are likely to see the same staggered adoption as AI proliferates across these different building verticals over the next 10 years.  While all commercial buildings have experienced huge challenges during the pandemic, few have experienced the financial losses of non-food related brick-and-mortar retail. Deemed one of […]

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