Resistance is futile: How IoT Technologies Are Adding Value to Commercial Buildings
“A century ago the luddites tried to disconnect. They failed” writes an anonymous Yale economist in response to the Pew Research Centre and Elon University’s recent survey on the implications of our increasing reliance on connectivity.
It’s a timely comparison, as billions more everyday objects connect to the Internet of Things (IoT) it is hard not to compare the luddites of the 19th century to today’s apprehension about the IoT and its effect on the labour force. Canvassing the opinions of technologists, scholars, practitioners and strategic thinkers, the Pew report identified a number of themes on the IoT and connected life – crucially, that people crave connection and convenience and if you think unplugging is impossible now, by 2026 it will be even more difficult. A number of respondents observed that the efficacy and usefulness of IoT platforms and services will drive IoT decision-making; the benefits of IoT products and services ensuring continuous and ever-growing connectivity.
So, if resistance is indeed futile, what are the implications for the commercial real estate industry, an industry in which the IoT is currently more pervasive than anywhere else.
The IoT encompasses internet networks that connect smart objects, the technologies that make these connections possible and the services that bring those technologies to the market. The phrase has become a term of convenience for a suite of technologies that equip devices for digital communication, connecting these devices for instant data analysis. Read more…
