5. Smart Buildings & IoT Smart Buildings & IoT describes technology-based solutions which facilitate the operation, management and sustainability of buildings. The assets can be single property units or residential/commercial building. This sector supports construction, asset management, property management and facility management. The internet of Things is a novel technology model as a large-scale network of machinery and devices able of interconnect by everyone other to collect and exchange information/data. Because of its characteristics, IoT is renowned as one of the most important sectors for future technology. More importantly, it is gaining measureless attention from a wide verity of industries. There is no need to say that contemporary hype around the Internet of Things was massive. It looks like every day a new company comes with a new kind of IoT-enabled product or service. There are several companies in the real estate industry which offer IoT-based service and products. There are 16 companies which are operative in the property management sector. They offer 18 services and 37 products. The business areas are; energy, water, workflow management, time management, security, blockchain and health. Swiss PropTech companies in smart buildings & IoT sector;
Source: PropTech Academy, PropTech Switzerland, 2021
