Tag Archives: real-time data

Real estate’s role in developing smart cities

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Cities are expanding at an unprecedented rate and so is their complexity. By 2050 the world will be populated by an estimated nine-billion people. Seventy percent of people will live in urban areas, many of them in new towns and mega-cities.

In order to be competitive, cities will need to be sustainable, have good transportation systems, and have high-density, mixed-use and efficient infrastructure with low carbon emissions. To support their vast urban populations, cities will increasingly rely on smart infrastructure to efficiently deliver vital services, such as power, water, public transit, distribution of goods and services, waste management and security.

The Smart Cities Council defines smart cities as those that have “digital technology embedded across all city functions,” while the Institute of Electrical and Electronics Engineers describes them as “bringing together technology, government and society” across the economy, mobility, environment, people, living and governance.

There are several reasons that smart cities should be of interest to developers, long-term investors and corporate real estate professionals. Perhaps the most obvious is that smart, sustainable cities command higher land and property values, which attract large-scale investors.

However, the real estate industry needs to understand that the buildings sector plays a huge role in helping to make cities smart. That is because the key to smart cities is data analytics – an important element of which relates to the millions of buildings and the huge masses of population that they accommodate. To gain maximum value from owning or managing assets in a smart city, the real estate itself should also be ‘smart’. Smart buildings and smart cities both generate and require big data.… Read More

Smart buildings, smarter workplaces

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The applications of smart building technology are practically endless — from advanced lighting and HVAC controls to room scheduling and wayfinding. But what do these new solutions mean for your business? What does the workplace of the future look like, and how can you take advantage of smart buildings today?

JLL’s Darlene Pope and Bob Best recently sat down with Work Design Magazine to discuss how smart buildings are transforming the modern workplace experience. Watch the webinar here 

There’s no doubt that smart technology is changing the way that buildings operate and the way that people work – and the implications for your workplace strategy are profound.

Here are 3 things that you need to know as you consider how smart building technology can help you to create a more sustainable and more productive workplace:… Read More