What the Future for Smart Buildings Holds

Technology has become a fundamental aspect into modern day civilisation, with architecture and construction sharing in this continuously increasing trend.

We know that smart cities are the future for urban development, but what does this really mean?

Across the globe, cities are getting smarter, more integrated, and in doing so, improving the quality of life for their inhabitants. Currently London, Singapore and Barcelona top the list of the world's smart cities, taking infrastructure design, community implementation, and government initiatives to the next level.

In Barcelona alone, the implementation of smart parking has generated over $42 million USD a year in revenue, demonstrating the value of Internet of Things (IoT) development.*

In Australia, IoT infrastructure is on the rise, with the Australian Government investing $50 million in their Smart Cities Plan.*

Smart infrastructure doesn't just improve the financial economy of a city, it expands the horizons for managing a city's power consumption. As focus shifts to the environmental footprint of a city, IoT becomes a powerful tool in cutting back on energy inefficiency.

With cities making up over 70% of the world's energy consumption, local and federal governments are continuing to explore how IoT can make energy overconsumption a thing of the past.*

In San Jose the integration of smart street lighting delivered a saving of $9 million USD a year, which translates into less power consumption, and a greener city.*

*Statistics were sourced from openaccessgovernment.org.