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Industry and technology analyst Alan Varghese holds a master’s degree in electrical engineering (wireless communications and digital signal processing) from Rensselaer Polytechnic Institute. Connect with him on LinkedIn at www.linkedin.com/in/alanavarghese.
Is it possible that buildings of the future will be a strategic asset — that they will operate in an intelligent way to be productive facility managers and monetizable for real estate owners? Is it possible that the traditionally conservative and risk-averse building and construction industry would leverage the latest technologies, such as the IoT, big data, cloud computing, data analytics, deep learning, and artificial intelligence, for the benefits of saving energy, reducing operational expenditures, increasing occupancy comfort, and — most importantly — meeting increasingly stringent global regulations and sustainability standards?