Smart buildings are solutions that use advanced controls to manage building operations such as heating, ventilation, airconditioning, lighting, etc, by connecting sensors, actuators, and controllers to turn a building into an information source for instant data analysis, reporting, and action response.

The growth of IoT applications is impacting the construction and real estate markets in ways we never imagined. The ability to have insights into equipment and machinery performance in real-time, intelligently manage power consumption, and intuitively create smart control systems that are all centrally managed under an integrated platform has opened opportunities for technology providers to extend their solution portfolio to the aforementioned industries.