Study: commercial, retail buildings fastest adopters of remote monitoring
Commercial and retail buildings will account for more than 80% of the $400 million remote monitoring market in 2016. This finding comes from a new study by IMS Research, part of IHS Inc.
Remote monitoring in intelligent buildings is a service offered by third-party companies that audit and report on the operational performance of a building. The services have two key selling points. First, auditors can make recommendations to save energy costs by determining, for instance, a more efficient schedule for the building automation system. Second, the building owner can reduce internal staffing costs for the facility by using a third-party service provider.