Energy Operations and the IoT Factor

Despite offering vast potential for energy efficiency, artificial intelligence and the Internet of Things generate widely divergent views among commercial real estate professionals. In the first part of a special two-part interview, Yardi Energy's Christy Cannon takes stock of how the IoT and AI are shaping property operations. By 2008, there were already more IoT devices than people on the planet, and that growth is continuing exponentially. It fits nicely with cloud computing and artificial intelligence like a fine wine, cheese, and fruit plate. It doesn't hurt that the cost of these little devices has decreased substantially over the years, and that the evolution of artificial intelligence utilizing IoT has enabled a building operator to efficiently balance comfort with energy and utilize space like never before.