We envision the smart city as an ecosystem for sustainability, quality of life, and productivity, with buildings intelligently interacting with each other, people, and the other layers of the city ecosystem.
The smart city is made of intelligent solutions on top of a stack of applications, systems, and devices. Each layer will unlock the one above, and all need to escape their siloed status quo.
- All devices and applications in a building will interact and collaborate.
- Buildings will interact and collaborate with each other. Across property owner portfolios, buildings will transact with each other.
- Buildings will interact with and serve people to improve work, play and well-being.
- Buildings will interact and collaborate with other parts of the city: the energy grid, transportation, waste, water, public safety, government, and policymakers.
There are many industries and ecosystems – other “things” – besides buildings, that will need to become part of the Internet-of-Things before the smart city can emerge. Buildings and real estate are the world’s largest asset class, consume 40% of the world’s energy and they produce one-third of all greenhouse gasses. Our focus is to make buildings smart enough to participate in the Internet of Things and to lead the way toward the smart city.
Our vision is to change the world of Proptech towards openness, interoperability, and scalability, creating a dynamic and integrated ecosystem where users can seamlessly merge applications, hardware, and data with their buildings. In essence, we envision a future where buildings are not just structures but open intelligent platforms in harmony with the larger ecosystem of the city.