Los Angeles-based commercial real estate services and investment firm CBRE will start testing Internet of Things lighting powered by Gooee in its Amsterdam office early next year, LEDs Magazine reported this week. CBRE, which brought in over $13 billion in revenue last year, views IoT lighting as a new way for commercial property owners to analyze and manage building use.
As LEDs Magazine’s Mark Halper explains, Gooee turns office lights into information technology networks through sensors, beacons, software, and cloud computing. The technology can detect how many people are in a room, their motion, direction, positions as well as the overall temperature and lighting. Gooee’s light and energy analytics show energy use for the lighting and the building. Lifetime analytics and predictive maintenance help prevent operations issues, according to the company.
“Our vision is to be the data brain of buildings using lighting as a host,” Gooee managing director Neil Salt told the magazine.
CBRE will begin testing Gooee’s sensor system in January to see whether the technology has broader commercial applications. Halper noted that the firm wouldn’t necessarily deploy the IoT technology from Gooee for its properties, though.
“If successful, CBRE is expected to outfit commercial properties with the technology,” Halper wrote. “CBRE’s holdings include The Edge office building in Amsterdam, highly regarded as a green and ‘smart building.’ It already uses a form of wired smart lighting there called Power over Ethernet.”
Lowering energy costs and improving efficiency at properties has long been a focus for the real estate firm. In April, for the tenth year in a row, the EPA recognized CBRE Group for its Energy Star performance. Among the firm’s achievements was a cumulative 16% reduction in average normalized site energy intensity over the past decade.
An IoT mega-trend is currently under way. The platform promises to enable energy efficiency gains through smart equipment that can adjust on the fly. Predictive and preventative maintenance through the technology can also lower operational costs.
Beyond commercial IoT use, the industrial Internet of Things (IIoT) market is expected to expand over the next 10 years. Navigant Research predicts that revenue from annual global shipments of IIoT devices will grow from $47.9 billion in 2017 to $129.3 billion in 2027. Case studies in the report indicate that the investment of time and money into IIoT is leading to cost benefits.
“IIoT supports the transformation of a business so it can offer customers enhanced services and improved experiences,” according to Navigant Research. It also helps increase worker safety while lowering component and data management costs. The research firm suggests that significant IIoT opportunities exist for companies, both operationally and for end customers.
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