How are you leveraging disruptive technologies and sustainability to drive growth in the Homes and Buildings industry?
What’s next in 2024?
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AI and Super Computing for Climate Change Mitigation: Artificial intelligence (AI)-driven digital twins enhanced by advanced supercomputing technologies will be more widely used for studying climate change and managing disaster risks.
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Sustainable and Circular Lighting: The lighting sector will significantly advance in achieving a sustainable circular economy through widespread adoption of circular business models and practices like remanufacturing.
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Cybersecurity Challenges: Building technology stakeholders are increasingly focusing on investing in cybersecurity measures to tackle emerging challenges.
The homes and buildings industry is surging, driven by increasing demand for facility management, smart home devices, and energy-efficient HVAC (heating, ventilation, and air conditioning) systems. Adoption of Internet of Things (IoT) and AI technologies, particularly in intelligent building solutions, is further fuelling this growth. However, challenges such as rising operational and material costs, project delays, and geopolitical uncertainties continue to loom for 2024. Amid ongoing decarbonization, digitization, and sustainability measures, the industry is focusing on enhancing climate awareness, implementing energy policies, strengthening cybersecurity, advancing AI applications in construction, promoting circular lighting practices, and enhancing personalized smart home experiences.
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How are you leveraging disruptive technologies and sustainability to drive growth in the Homes and Buildings industry?
Innovative Business Models:
Leveraging Energy-as-a-Service (EaaS) offers comprehensive energy solutions at no upfront cost, disrupting traditional procurement processes for competitive advantage.
Disruptive Technologies:
Integrating AI technology into building management for predictive maintenance, reducing operational costs and downtime, and gaining a competitive edge in operations.
Transformative Megatrends:
Prioritizing sustainable materials to enhance circularity in construction, aligning with the mission for sustainability and future-proofing building activities.
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