When you think of a healthcare facility, do you think of a large sprawling hospital campus? Today, that is just one of the many types of medical facilities. There are a variety of other facilities that provide healthcare services including medical offices, urgent care, ambulatory surgical centers and more. In fact, the future of healthcare is looking a lot like retail that targets the consumer--distributed settings that are smaller, less expensive, conveniently located and with an eye to the experience.
Higher education is undergoing profound changes. Declining enrollments, changing student demographics, and waning retention rates have institutions sharpening their competitive edges. In the fight to recruit and retain a larger share of the dwindling pool of potential students, many schools are looking to build new or retrofit their aging buildings. However, universities are finding limited capital funding is forcing them to do more with less.
The Internet of Things (IoT) is widely entrenched in education today with distance and online learning, learning management systems, and completely virtual universities. With cloud-connected devices, students can take a class from an Ivy League university right from their home, prep for the SAT with an online tutor, and learn just about any skill by viewing a YouTube video.
Higher education institutions across the globe have embarked on sustainability initiatives with great success. As part of their campus philosophy, sustainability concerns are being integrated into curriculum, policies, programs and campus design. By fostering sustainable student lifestyles, the hope of these institutions is that these enlightened young men and women will carry those behaviors and attitudes into the world to support positive environmental change.
The commercial real estate industry is at an inflection point as a number of parallel trends are shaping transformation in the industry.
First, the industry is moving from products to services, and ownership to access. Examples of this in other industries include buying cloud services instead of building out a data center; listening to streaming music instead of purchasing CDs; or renting a dress for a black tie wedding rather than purchasing one.
Digital nomads are mostly self-employed workers who value the freedom to travel and are leveraging the power of the internet to work wherever they journey. They spend months or years abroad, changing their destination regularly, all while earning a living by working online. Often toiling in coffee shops, public libraries or co-working spaces, they work anywhere they can connect to the internet with their smartphones and laptops. The nomadic lifestyle enables them to travel in foreign countries, take advantage of global opportunities, make their own hours, experience desirable climates and enjoy a sought-after work-life balance.