What will be the approach, agile or all-at-once?

It is estimated that 80% of the 2050 building stock is already built; therefore, most smart building projects will be used to retrofit existing built assets to improve performance. It’s not just about improving the existing systems; it’s also about improving an occupant’s productivity and quality of experience. The industry cannot wait for conclusive evidence and must push smart buildings faster, harder, and sooner at scale. New design and construction can be built with an eye toward the smart building, but cost considerations usually prevent an all-at-once approach.

To date, building a smart building involved installing individual solutions, such as smart lighting, smart HVAC, and building automation systems. These efforts have been inefficient and disjointed, typically built with silos that are difficult to integrate and scale. Standards are catching up to industry requirements, and technology continues to evolve...