Connected Lighting Iot
There is no question about it; IoT is rapidly growing. In fact, Bain predicts that the combined markets for IoT hardware, software, systems integration, and data and telecom services to grow to a whopping $520 billion by 2021. This new IoT-enabled environment is changing the way most industries operate. One of the biggest challenges facing these industries is hiring new talent that has the skill sets required to operate effectively in this new era.
Smart buildings has been evolving rapidly in recent years. Sensors have become mainstream and integrated processes and systems are gaining traction, particularly with corporations that have large or complex commercial space footprints. Initially, energy efficiency was the driving force behind smart building technology and system adoption. Today however, smart buildings are focused on the interconnection of technologies and systems that make buildings intelligent and responsive to the needs of owners, operators and occupants.
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.