Smart buildings bring new and significant value to tenants, building owners and operators. These benefits range from increased tenant productivity and safety, lower operating costs, and higher satisfaction. But what value do smart buildings bring to cities?
This article, the second of two parts, describes a framework used to identify areas of value creation by smart buildings for the benefit of cities. A sample set of benefits, and a format for presenting these in a consumable format well suited for city leaders, is presented.
Whether you are planning or have already started your smart city journey, there are eight things that cities must get right. While smart cities are often associated with technology, it is but one component within the larger smart city ecosystem that needs to be addressed.
This article discusses the eight things that leaders and planners must get right, in order to build the sustainable and well functioning smart city.
The smart city is a complex ecosystem of people, processes, policies, technology and other enablers working together to deliver a set of outcomes.
Despite this, many planners today are not taking an ecosystem approach to smart city projects. This article introduces the smart city ecosystem framework, a more holistic and multi-dimensional approach, to building more sustainable, scalable and relevant smart cities.
IoT enables vendors to create an entirely new line of “smart” solutions for its existing and new markets. While the decision to go “smart” is straightforward, the decision of how to go “smart” is less obvious. Vendors are faced with a “build, buy, partner” decision – build it themselves, buy and integrate technology, or partner with another organization and go to market together.
This article discusses some of the key management considerations involved in making a decision.
Don’t confuse IoT with innovation. The real IoT innovation is not in the technology, but in what it can do and what it allows organizations to become – intelligent, agile and adaptive, in creating new value for its customers.
This article describes five innovation paths with IoT solutions to consider when planning digital transformation projects, along with advice to get started on turning the Internet of Things into the Innovation of Things.
There is no lack of IoT platforms, business models, and innovative products in the market today. However, today’s products are still immature point solutions. From technology standards, to business models, IoT will evolve over the next few years.
Given the immature state of IoT, what should transformation, business and IT managers do today?
This article discusses five things that managers should do now as they plan and deploy IoT strategies and projects.
Recently, I met with key executives from an industry trade group to discuss disruptive innovation in Silicon Valley.
One key concept I shared with them is that although many people equate innovation with technology, there are actually five types of innovation and that some or all may occur at the same time.
This post describes the five types of innovation, and provides managers with three takeaways to guide their innovation strategy.