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What does the Internet of Things mean for real estate?

The Internet of Things (IoT) is a simple concept with complex implications–especially in the CRE industry.

The IoT is a network of interconnected devices or systems, which communicate and share data with other smart devices. The IoT is all around us—and it’s connecting our phones, computers, cars, and homes. It allows us to access the information we need and to make informed decisions based on real-time data, and enables us to personalize and control systems that we couldn’t previously.

For buildings, the introduction of the IoT—smart systems and devices interacting with other data sources—is redefining the role of CRE. From lighting controls to concierge services, the applications of new technologies in your building system can have endless possibilities.

Integrating real-time information from multiple systems and data sources, a smart building is embedded with the intelligence to respond, adapt and optimize based on real-time conditions and needs. This continuous data exchange allows buildings to drive transformational outcomes across three major areas:

• End-user experience, worker productivity, health and wellness
• Occupancy and workplace strategy
• Energy and operations

The bottom line? A smart building is the workplace of the future—and drives value across your entire business.

We will bring your strategic vision to life and help you achieve the greatest return on your real estate investment.