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The Business Impact of Smart Buildings and IoT
The average building wastes 30 percent of the energy it consumes. That’s according to the EPA, which cites a variety of common inefficiencies leading to the poor performance of traditional building design and operation. The agency, of course, advocates for buildings to become EnergyStar compliant as a way to mitigate this problem in existing structures, but there’s perhaps a much more compelling fix on the horizon: Smart buildings. These days, buildings can be engineered from the ground up to feature an environmentally conscious design with embedded, networked computer systems an Internet of Things with sensors embedded throughout the building to detect and help eliminate traditional waste.
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