The Reinvention of Buildings in the Digital Age
All buildings, from hospitals to data centers, are undergoing a subtle revolution. Behind the scenes, it’s a new world. Inside the walls and tucked away in server closets, the Internet of Things (IoT) and cloud-connected building management systems (BMSs) are re-shaping the way buildings work in the digital age. Three step changes The next phase in the evolution of buildings is not architectural — it’s digital. Where exactly this digital transformation is headed is a big question, and for good reason: We spend, on average, nearly 90 percent of our day inside buildings [1] — they are central to our lives. In this post, I want to explore three changes that are creating long-term value for both investors and end-users alike. These step changes are efficiency , buildings as financial assets , and end-user centricity . The efficiency challenge Unquestionably, buildings and cities face an efficiency challenge. By 2050, 2.5 billion people are expected to migrate to ...