Connected Lighting Iot
Commercial buildings are truly getting smarter. Deploying advanced technologies not only improves building efficiencies and staff productivity but helps spur new and innovative services. The advent of IoT is helping drive costs down while increasing sustainability, safety, and comfort across commercial real estate.
According to Navigant Research, global market revenue for IoT lighting is expected to grow from $651.1 million in 2017 to $4.5 billion in 2026. What is IoT lighting? According to Navigant, IoT lighting solutions in commercial buildings bring connectivity to devices that were previously not connected and provide data (where data was not available) through the connection. Connectivity and communication can happen between devices within the lighting system and between lighting devices and non-lighting devices.
IoT is changing the way we do business and how we think about and use technology. Operational technology (OT) and information technology (IT) teams have traditionally been separate and siloed organizations. However, the lines between the two seemingly disparate organizations and their respective responsibilities are blurring. According to Navigant Research, the convergence of these two units is the foundation of the digital transformation of facilities into smart buildings. Alignment between the two is crucial.
There is no doubt about it, the buildings of the future will continue to incorporate smart technologies, using automation to control and optimize operations. Today, most buildings have some level of intelligence built into individual HVAC, lighting, security or other building function however, the Internet of Things (IoT) is taking building automation and control to a new level.
As part of our 2019 planning process, we recently reviewed all kinds of data from the past year on our weekly blog program. We wanted to see what was resonating with our audience from a content perspective – did we hit the mark? And, since we are over-achievers, we wanted to see where we could make improvements – from the content we develop and post, to the email delivery system we use. It was an interesting exercise and we thought we’d share some of this info with you.
New business models, increased competition, digital technology and green building design top the list of commercial real estate trends expected in 2019. We are currently in a period of economic growth, which has heated up the competition for deals, talent, tenants, and capital. There was a similar set of trends in 2018 however in 2019 we expect to see more urgency, particularly in the area of technology adoption.
Industry has been using various types of sensors for a long time, but the Internet of Things (IoT) has taken the use of sensors to a whole new level. Today, wireless sensor networks (WSN) are used in a wide range of applications including healthcare vital signs monitoring, manufacturing defect monitoring, traffic monitoring, and more. In fact, some consider WSNs to be the most critical technology advancement of the 21st century.