The Impact of IoT on the Commercial Real Estate Industry

The Internet of Things (IoT) has received varying degrees of coverage over the past few years, and it’s undoubtedly progressing rapidly. Many laud the advancements in technology that’ll allow all of our devices to be linked together, including computers, appliances, and cars. One industry that clearly sees the potential for IoT applications is commercial real estate. Intelligent buildings give owners and facility managers the opportunity to streamline practically every system in the structure, which can lead to happier tenants, increased sales, and less waste. This article provides an overview of some major commercial real estate players and discusses how they’ve been adopting IoT today to shape tomorrow’s world. Read more