Are Facility Managers Relying Too Much on IoT?

June 27, 2017

At BUILDINGS we’ve highlighted how IoT can keep your HVAC system running smoothly and safely. IoT-enabled lighting setups are able to be automatically dimmed from a smartphone from anywhere at any time.

But are we relying too much on technology to run our buildings? What happens when IoT is no more, either temporarily or forever?

According to a report from Navigant Research, FMs have become reliant on devices to maintain their buildings. The findings in the data show that commercial building owners and facilities managers (FMs) are feeling “a new kind of upward pressure” to invest in intelligent building technologies that leverage the technology in their buildings.

This Navigant Research report examines the global market opportunity related to IoT technologies for commercial buildings. The study provides an analysis of the value chain, use cases, and major market drivers and barriers for IoT in intelligent buildings.

Global market forecasts, segmented by region, customer (building) type, and offering type (hardware, software, and services), extend through 2026. The report also examines the key technology issues, as well as the competitive landscape, associated with IoT for commercial buildings.

An Executive Summary of the report is available for free download on the Navigant Research website here.