SBC 2017: IoT makes Smart Buildings even smarter
If your business is inside a building, now it’s going to be inside a smart building…
When the Smart Building Conference started six editions ago, the discussion revolved around the transformation of your business landscape. Today, whether your interest is Smart Building, Smart Office or Smart Home, many of you have been enticed to adapt to this transformation.
The Smart Building Conference is here to guide you through further changes.
According to SBC Chair, Bob Snyder, IoT will transform the face of the industry more than any development since the days of Thomas Edison and Nikola Tesla. Tech’s powerful engines of internet and mobility may be the drivers of big changes, but today they’re fueled by the IoT.
Keynote speaker Managing Director of Memoori Reseach, James McHale, explained to delegates why and how the combined global market for the Internet of Things in Buildings (BIoT) will grow from $23.5Bn in 2015 to $75.5Bn by 2021- an impressive CAGR of 20.7%.
McHale, says, “The IoT use cases that will experience the greatest revenue growth in Western Europe are smart buildings, smart home, in-store contextualised marketing, and connected vehicles, all of which will see revenue increases of more than 28% CAGR over the 2016-2020 forecast period.”
Another speaker (Bernhard Huessy, CEO and co-founder of nomos system AG, a patented IoT automation software platform) talked about how IoT opportunities will shape the next five years of system integration in Commercial, Residential & Marine.
Smart Building Conference 2017 also included presentations on how Microsoft’s HoloLens will change the way we look at all buildings, how the market is growing for clean air products in home and business, how AI (like IBM’s Watson) and voice interfaces (like Amazon’s Alexa) will shape our industries and how to profit from the increasing need for security (physical, virtual, and video security).
Other topics at the Smart Building Conference included building automation systems and Big Data output.
Review more information on the SBC 2017 website.