Decreasing costs and functionality improvements are making IoT-enabled building management systems (BMS) more feasible for commercial real estate companies. The Deloitte University Press report contains a number of use cases for improving efficiency, adding differentiation, and introducing new revenue sources by using IoT-generated information.
Smart buildings: How IoT technology aims to add value for real estate companies
Yesterday, the value of commercial real estate was all in location. Tomorrow, much of it will be in information—and how CRE companies can use that information to build relationships with customers and strengthen tenant engagement.