Smart Buildings on the Rise

For buildings to be truly smart, physical and data security must converge, says Colin Tankard, pictured, Managing Director of data security services company Digital Pathways.


The word ‘smart’ is often applied to devices that are enhanced through Internet connectivity, with the best-known example currently being Smartphones that have transformed the way that we communicate. Such technology is also helping to make buildings smarter. According to IDC, after a relatively slow start, spending on smart building technology is forecast to grow from US$6.3 billion in 2014 to reach US$17.4 billion in 2019, which is a cumulative annual growth rate of 22.6%. Among the reasons for this growth is the increasing number of regulations regarding energy efficiency in buildings.

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