Kirsten M. Walker Principal Program Manager, Azure IoT Business Acceleration
Commercial real estate developers, building owners, facilities management companies, and tenants have a huge opportunity to address, and solve for, the unique business challenges faced by their industry, by applying the Internet of Things (IoT) to buildings. For example, by leveraging data from IoT sensors and building management systems, companies can gain insights that enable them to save energy, reduce operational expenses, increase occupant comfort, and optimize space.
However, the COVID-19 crisis has presented a new set of challenges for developers, owners, and management companies. New forecasts show the smart building market size growing between 7.3 per cent and 11.6 per cent annually to overall market revenues of between $65.2 billion and $82.7 billion USD in 2025.
Read the full article here: https://azure.microsoft.com/en-gb/blog/making-buildings-smarter-with-azure-iot/