Do you talk to your building? Only a decade ago, this would have seemed an absurd question. Today, however, millions are communicating with their homes and office buildings as the Internet of Things (IoT) expands into building design and engineering—and enables a new generation of smart, connected buildings. As the Internet of Things in Buildings (IOTB) experiences the headlong rush of growth and innovation, Asia-Pacific has overtaken North America in terms of market revenue with both representing over 60% of global sales. According to Memoori, the global market for the Internet of Things in Buildings (IOTB) is expected to rise from $34.8Bn at the end of 2017 to $84.2Bn by 2022, representing a CAGR of 19.4%.
At LVI Associates, we place professionals who oversee the smooth integration of these novel technologies into the architect-engineer process. Technology Systems Engineers in this space guide their clients through the challenge of the ever-increasing connectivity and automated exchange of data among building systems and equipment.
As organizations form, expand or renovate, Technology Systems Engineers help them make complex technology decisions that minimize loss to the business, as well as ensuring that they can continue to operate efficiently. Clients only invest in technology they need and can accommodate advancement in the field. These new technologies will also empower organisations to better meet their sustainability goals. According to The Global Alliance for Buildings and Construction, buildings are responsible for 40% of our CO2 emissions.