1. What is a Smart Building?
A smart building is a facility containing sensors throughout which connect to a secure and shared network (the IIoT) for the purpose of generating data insights to inform operational improvements. The sensors monitor specific functions like lighting usage, power metering, and temperature and relative humidity levels. The centralized server or cloud-based platform stores, analyzes, and sends the data to a user-friendly software application where facility managers can view a range of historical and real-time data points to maximize energy savings and efficiency.
By capturing activity through smart sensors, IIoT connectivity eliminates the need for manual tracking data while unlocking new and dynamic insights.
SmartSpace Software Plc (LON:SMRT) is focused on technologies that make real estate more efficient and organisations more effective. Listed on the Alternative Investment Market of the London Stock Exchange, they provide leading smart workplace software and technology to the commercial workplace, retail and hospitality real estate sectors.