What is Digital Twin Technology?

• A virtual definition of their counterparts
• Operational data of their components
• Information model that gathers and presents data to inform decisions

Types of Digital Twin Technology

1. Component Twins

2. Product/Asset Twins

3. System Twins

4. Process Twins

Key Industrial Use Cases of Digital Twin Technology

1. Product Design

2. Service Optimization

3. Supply Chain Management

4. Operations Management

5. Entertainment

Final Thoughts

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Key insights include:

Strategic Enhancement: Integration of RPA, ML, and AI significantly improves financial processes, bringing efficiency and accuracy.
Operational Efficiency: Automation streamlines repetitive tasks, enabling CFOs to allocate resources strategically and focus on high-value activities.
Data-Driven Decision-Making: The adoption of these technologies provides CFOs with advanced analytics and data-driven insights, empowering informed decision-making for better financial management. The article emphasizes the transformative impact of these technologies on CFO responsibilities and financial operations.

The post RPA, Machine Learning, and AI: What Every SaaS CFO Needs to Know appeared first on Tech Research Online.

2023 in Review

• A Chicago man in March 2023 created an AI-generated image of Pope wearing a white puffer jacket using the AI image generator Midjourney, showcasing how powerful AI is in deceiving humans.
• In March, Tech chiefs including Elon Musk and Steve Wozniak wrote an open letter requesting AI organizations to halt training for six months due to potential risks such as loss of civilization control, job destruction, and human annihilation.
• Meta’s large language model, LLaMA, got leaked in the same month along with its weights, on 4Chan’s technology board and was available for download through torrents globally. This became a source of tools for the open-source community in the AI industry.
• Since the launch of Bing Chat in February 2023, Microsoft kept bringing innovation. They introduced Copilot, a widespread application of AI. Microsoft integrated Copilot into Word, Teams, and Windows 11, automating tasks like image creation and meeting summarization, to highlight the capability of AI.
• Reports suggested AI can take 300 million jobs if left in the dark. In addition to that, Hollywood authors went on strike over the use of AI in filmmaking. Moreover, writers in September filed a class action suit against AI organizations for using their works to teach their LLMs.
• In November 2023, the OpenAI board fired CEO Sam Altman leading to resignations and chaos. However, Microsoft offered jobs to him and other employees who resigned. Altman was reinstated later and OpenAI got fresh board members.

5 Advancements To Look Forward in AI in 2024

1. Businesses Will Incorporate AI Into More Products

2. Convergence of AI and IoT

3. Combining AI and Cryptocurrency

4. A More Realistic and Higher Quality Generation

5. Enterprises Will Perform Responsible AI

On a Final Note

The post AI Advancements in 2024: What to Expect? appeared first on Tech Research Online.

Here Are Top 10 Edge Computing Trends We Can Expect to See in 2024:

1. Emergence of Edge-as-a-Service

2. Rise of Cloud-Edge Integration

3. Stronger Focus on Data Security

4. Higher 5G Adoption

5. Rise in Deployment of Edge Containers

6. Application of Edge Data Analytics

7. The Edge-AI Integration

8. More IoT Edge Computing Solutions

9. Blockchain-Edge Solutions

10. Growth in Edge Computing Data Centers

Final Thoughts

The post Top 10 Edge Computing Trends Shaping the Digital Landscape in 2024 appeared first on Tech Research Online.

• Transform the FinTech space With highly specialized engineering, data, and UX expertise
• Solutions that impact financial technology
• RegTech, risk, and security
• Finance and operations
• Financial data and analytics
• Digital assets and blockchain
• Cards
• Professional services

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 AWS, a leading cloud computing provider since its launch in 2006. The company’s growth and market dominance has been impressive. So, in today’s blog, we try to understand the power of AWS in cloud computing services. Let us start with the basics of AWS. 

Understanding the Basics of AWS- Amazon Web Services: 

AWS offers a wide range of services for businesses and individuals. With Amazon Web Services, users can store, manage, and access their data and applications more easily. And efficiently than ever before. Some of the key features of AWS include its scalable infrastructure, flexible pricing options. With the wide range of tools and resources for developers.  

Whether you are just starting with AWS or are an experienced user, understanding the basics of this platform is essential for getting the most out of it. It is helpful to learn various tools and resources that AWS provides for managing and monitoring your applications and data, such as AWS CloudTrail, AWS CloudWatch, AWS Cloud9 and Amazon CloudFront.  

By taking the time to understand the basics of AWS, you can optimize your use of this powerful platform and achieve better results for your business.  

Advantages of AWS for Cloud Computing: 

AWS is a leading cloud computing platform that has numerous advantages for businesses and individuals seeking a reliable and efficient cloud solution. One of the primary benefits of AWS is scalability, allowing users to adjust their computing resources up or down depending on their needs.  

Amazon Web Services is a cost-effective solution as users only pay for the resources they use. This provides exceptional reliability through its cloud infrastructure, which ensures high availability and minimal downtime. Its also offers a secure cloud environment, with flexible security options and compliance in the cloud efficiently. 

AWS has a vast set of integrated services that make it easy for developers to build and deploy applications in the cloud efficiently.  

Key AWS Services for Cloud Computing 

AWS has become the leading provider of cloud computing services, offering a comprehensive suite of services catering to diverse business needs. AWS offers a wide range of services that are highly scalable, secure, cost-effective, and flexible to enable businesses to build, deploy and manage their applications in the cloud. Some of the key AWS services in cloud computing are: 

Amazon Elastic Compute: It provides scalable computing capacity in the cloud. EC2 enables businesses to launch virtual machines or instances in minutes, configure security, and compute capacity to meet specific application requirements and scale up or down as needed.  

Amazon simple storage service(S3): It provides exceptionally durable and available storage for objects. 

Amazon Relational Database System: It is a managed database based on a structured query language service provided by AWS. 

Best Practices for Maximizing AWS Cloud Performance 

Amazon Web Services offers an expensive range of services and tools that can help organizations streamline their operations, reduce costs, and improve performance. However, to make the most of AWS cloud computing resources, enterprises need to consider several best practices.  

One such practice is to optimize the deployment architecture of applications and services by choosing the right instance types, configuring auto-scaling groups to meet the demands of users, and leveraging the available aws cloud services that cater to different workloads. 

Enterprises also make use of AWS’s tools and products to monitor and manage their cloud applications and services. Thereby ensuring high availability, and scalability. Exploring and optimizing the cloud infrastructure for cost-effectiveness can help maximize performance and reduce costs.  

Developers can establish a secure and compliant environment by adhering to AWS’s security best practices. And implementing the available security services such as Access Management, Amazon Virtual Private Cloud, etc.

AWS Use Cases in Cloud Computing 

Here are some use cases of AWS cloud computing. of the big giants such as Netflix, McDonald’s, Airbnb, Novartis, Expedia Samsung, and many more.  

These giants use AWS cloud computing for storage management. Businesses like these can store and manage files and data on remote servers, avoiding the need for physical infrastructure.   

AWS also helps in saving money and provides scalability as businesses can easily scale up and down their storage capacity.   

Amazon Web Services offers a range of services that aid in Mobile application development and deployment. Such as Elastic Beanstalk, Lambda, and CodeDeploy. It also provides developers with an environment that enables them to focus on building high-quality applications.   

Future of AWS in Cloud Computing 

As we look toward the future of cloud computing, Amazon Web Services is a valuable player in the market. With advancements in machine learning and artificial intelligence. AWS has been able to offer innovative solutions to businesses looking to improve their efficiency and customer experience.   

Additionally, the growth of IoT (Internet of Things) and the increasing amount of data generated will create new opportunities for AWS to provide innovative solutions.   

Overall, we can say that the future of AWS looks promising. Moreover, the market for cloud computing is expected to grow by $1,554.94 Billion by 2030.  

AWS Cloud Quest 

AWS Cloud Quest is an interactive virtual game. This game can help us to learn more about AWS (Amazon Web Services) and enhance our knowledge of cloud computing. The game allows us to opt for a character from the roles such as Machine Learning, Specialist, Serverless Developer, Solutions Architect, Cloud Practitioner, Security Specialist, or Data Analytics Specialist, etc., and then to help citizens with our skills. Its also provides you with a digital badge once you clear all your assignments.

Conclusion:  

In conclusion, we can say that by implementing Amazon Web Services, businesses can ensure high-performance, secure, and efficient cloud computing solutions. 

Contact the best AWS Cloud migration service provider and Cloud-native applications developers, if you are looking to develop outstanding applications. 

The post Revealing the Power of AWS Cloud Computing appeared first on Tech Research Online.

In the same article, he also mentioned that a new emotion-tracking feature is in the works for Apple’s health app, which will be expanding to iPad, very soon.

Apple’s planned AI-powered health coaching service will likely be a monthly subscription and be available a year from now. However, the report does suggest that this may not be an accurate timeline.

The main reason why Apple is working on it is to motivate users to embrace a healthier lifestyle by exercising, improving dietary habits, and better sleep schedules.

It is also a part of the California-based tech giant’s effort to form a health-conscious image by introducing new health tech solutions.

Apple to Launch a Series of New Health-Focused Features & Services in the Coming Months

The Apple health app is going to expand to the iPad, allowing users to benefit from the bigger screen to see ECG reports and other health data.

There are other features coming to the app as well. Among these, emotion-tracking, and vision management are headliners.

For tracking emotions, users can log their moods and answer certain questions about their day. They can compare results from those reports over time to manage their emotions better.

Additionally, the user’s iPhone will use algorithms to determine the user’s mood via speech and text they type.

There isn’t much information about vision management features, but it’ll reportedly help with vision conditions like nearsightedness.

In terms of hardware, Apple is announcing a new mixed-reality headset that will be used alongside the health app for meditation.

There’s also a journaling app that Apple plans to launch soon. But, it will most likely be separate from the healthcare features and services.

Apple’s Efforts in Improving Health Tech Solutions

Apple joined the health tech bandwagon in 2014 with the launch of its health app. But that’s not just it.

Apple has also been working on a blood-sugar monitoring solution for about a decade now. It’ll use sensors instead of pricks like the traditional blood-glucose checking devices do. Recent advancements have allowed Apple to make such a device. The only thing they need to worry about now is to somehow shrink that device down to the size of an iPhone.

As of now, there are already several mood-tracking apps like Daylio and Moodkit. Apple launching a similar feature for the health app won’t exactly be revolutionary. But, it’ll surely go a long way towards improving the Apple eco-system and making it more health-conscious.

Read Also : AMD Announce Ryzen Z1 and Z1 Extreme Processors to Power Next-Gen Handheld Gaming Consoles

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Salesforce offers exceptional functions and has uncountable benefits, which often remain unexplored simply because it is an ecosystem that incorporates manifold solutions. If you are a Salesforce user struggling with the operations and offerings, you must start leveraging Salesforce AppExchange to extend your business functionality.

Salesforce AppExchange fulfills the primary and high-tech requirements of the users of Salesforce, which are hard to comprehend and explore in the Salesforce ecosystem. Let’s learn what Salesforce AppExchange is in detail!

What is Salesforce AppExchange?

AppExchange is a marketplace that offers innovative solutions for your business in the form of consulting services, apps and components. As of current data, there are more than 7,000 apps on AppExchange. If you have your solution, you can also develop and publish it on AppExchange and make it available to potential customers. However, for this, you must be a Salesforce partner. Create and publish your apps conveniently for Salesforce users to download them.

The foundation idea of Salesforce AppExchange is to make the Salesforce ecosystem much easier and beneficial for organizations and creative individuals. Salesforce AppExchange is one of the world’s largest and leading cloud marketplaces introduced for business apps, solutions and consultancies. AppExchange can lay down great potential and value for your business so that you fully comprehend and enjoy the benefits of the advanced technology of Salesforce.

To understand the services of Salesforce Appexchange, the apps and services are bifurcated into four major categories.

• The first is Solutions by Types which includes; Bolt Solutions, Apps, Lightning Data, Flow Solutions, and Components.
• The second is the Industry collection, including Retail, Media, Communication, Government, and Education.
• The third category is The Product Collection consisting of Marketing Cloud, Sales Cloud, Service Cloud, Commerce Cloud, Einstein Analytics, and Financial Service Cloud.
• Finally, the fourth is Top Categories such as Human Resources, Finance, Sales & Enterprise Resource Planning.

Fun Fact?

In 2006, Marc Benioff, the co-founder, chairman and CEO of Salesforce, introduced its store with AppStore. It was introduced as the first platform solely dedicated to the sales and distribution of Salesforce-based business apps. However, in 2008 Apple Inc. introduced the App Store deciding to restore the trademark. Finally, Salesforce changed the marketplace’s Name to AppExchange instead of AppStore.

How does Salesforce AppExchange Work?

Only the Salesforce partners have the authority to create and publish extensions of Salesforce in Salesforce AppExchange. Therefore, you must register as a Salesforce partner if you wish to develop a creative solution on AppExchange. Other than this, AppExchange is also for the Salesforce admins who can choose and install solutions that may benefit their organisation’s needs. In any case, here’s how Salesforce AppExchange works:

Create a Solution

If you have a creative solution that you feel can offer great convenience and value to the other users of Salesforce, then you can begin creating the innovative solution. Salesforce partners create this innovation and then share these customisations with the rest of Salesforce users, presenting it as a packaged solution. The solution can be an app, a Flow solution, a Bolt solution, a component or Lightning data.

Publish the Solution

After creating the innovative platform, the partner registers the solution, creates a package and publishes it on AppExchange for users to view and install. After publication, they can also create a demonstration to check the functionality of their solution before the solution goes to others for live functioning and installation.

Let’s Install it!

Installing any solution from the AppExchange platform is completely safe and secure. In the final working stage, the Salesforce customers browse through AppExchange to find a solution that fits their needs. Before implementing the solution, Salesforce users can test the functional demo of the solution as a read-only user. Therefore, it allows you to plan the implementation with your Salesforce admins. Also, you can deploy the solution by customizing its functions for specific user groups so that the platform can offer a more convenient service to your business.

How is AppExchange beneficial for businesses?

Here’s how businesses can grow exponentially with the facilities of Salesforce AppExchange:

1.     Trusted by renowned brands

With over 117,000 customer reviews and more than 10 million installs, you can apprehend how vastly the platform AppExchange is helpful for businesses. For businesses to grow unlimited through digital means, Salesforce AppExchange is the best source.

2.     Makes your Business Visible to Valuable Brands

This marketplace is where organisations can easily find apps related to any business forte ranging from marketing and sales to analytics and finance. Surprisingly, the apps from this most sought-after marketplace are accessed actively by 90% of Fortune 100 Companies.

3.     Grow your Name epidemically

Your business can have an unlimited opportunity to collaborate and connect with over 150,000 Salesforce customers, of which 91% use partner solutions and apps. You can expand your business towards exponential growth with Salesforce AppExchange.

4.     Offers powerful security

Being a Salesforce partner gives numerous benefits, but security is one of these. The complete infrastructure of your app has the undying support for the rigid security standards of Salesforce.

What are the best salesforce AppExchange apps?

Many Salesforce partners go to the maximum extent to offer highly exceptional solutions on the Salesforce program. Here are the solutions we consider a few of the best Salesforce AppExchange apps.

ChargeOn

This free application is created and published by the Salesforce silver-badged Cyntexa. With this solution, you can easily process payments and online trades conveniently simply by integrating Stripe with Salesforce. Without any extra costs, you can easily manage customer billings.

Easy Incentivizer

The prime focus of this application is to automatically calculate the commissions of the sales from the opportunities closed by your representatives or agents. You can create & manage numerous commission templates for multiple users defined by different commission criteria. You also get a personalized dashboard for every representative or agent to evaluate their performance.

Chatter

This real-time social, collaborative application allows colleagues to communicate, share data, and work without security issues. You can conveniently share files and status updates. Chatter allows employees to follow information, groups and people under the company’s private and secure internal network.

ZoomInfo SalesOS

Empowering B2B sales and marketing professionals, ZoomInfo SalesOS is a go-to-market intelligence solution that assists you in pairing advanced technology with customer database accuracy, coverage and contacts’ depth. The platform equips sales practitioners with the tools to help them plan, target outreach, and score leads.

What is the fees of Salesforce AppExchange?

Salesforce AppExchange fee and depend on various solutions are distributed for free on AppExchange. However, you have to pay a security review and the platform’s listing fee. This fee is payable after submitting your solution for the ‘initial security review’. However, if you uncover any security susceptibility in your solution after submission, you can fix it and resubmit it without extra costs.

For the initial security review, you must make a one-time payment of $2,700 for most solutions. In addition, there is a security review fee of $2,550 and a $150 first-year listing fee on AppExchange. After the first year, you’ll be expected to pay $150 annually for the Appexchange listing fee. To clarify, the yearly listing fee comprises the reviews for the updates of the solutions that are already listed on AppExchange.

If you wish to generate a high-level result for your app, you can also hire a Salesforce Appexchange developer that can offer you all services along with efficiency and accuracy.

Want a Salesforce Appexchange Development team for your brand? Contact with Cyntexa’s experts and clear all your doubts about Salesforce AppExchange development.

Here’s the table cost to develop an app for Salesforce AppExchange:

Conclusion

Overcoming business challenges can become easy and profitable if you perform functions with efficient apps available on Salesforce AppExchange. You can search for solutions and consultancy on Salesforce AppExchange, the world’s first top-notch complete-feature enterprise cloud whose depth and opportunities cannot be fully defined in words. Boost your business and enhance your Salesforce CRM with the solutions of AppExchange.

FAQs

Who Can Use AppExchange?

AppExchange listings can easily be browsed and test driven by any individual. However, if you want to install the AppExchange apps, you must be either a user with permission to download AppExchange Packages or a Salesforce Administrator. Furthermore, to create and publish the apps on AppExchange, you need to become a Salesforce partner and require permission to Create AppExchange Packages and Upload AppExchange Packages.

What can I find on Salesforce AppExchange?

You can easily find third-party ready-to-install apps, scalable pre-integrated data solutions, pre-built templates for industry consultants and solutions, certified experts to handle your Salesforce implementation, and building blocks to generate apps and customised pages with coding; you can unlock all these high-tech opportunities just by accessing Salesforce AppExchange.

How many apps does Salesforce AppExchange have?

Salesforce AppExchange is listed amongst the trust enterprise cloud marketplace that houses over 7,000 apps and certified consulting organisations that assist in extending Customer 360. You can find proven experts, solutions and apps to suit your business needs and deal with challenges enhancing your organisation through digital transformation.

Can I reinstall an AppExchange package which I uninstalled a few months or days ago?

Yes, reinstalling a package after you uninstall it is fully possible. You need to follow the same procedure you used when you installed it.

The post What is the Salesforce Appexchange and How Can it be Beneficial for Business Owners? appeared first on Tech Research Online.

The next frontier evolution is smart buildings, rapidly transitioning the lifestyle of humans on personal and professional fronts. Due to innovative and eco-friendly infrastructure, the adoption of smart building technology is incrementally rising.

In 2021, the worldwide market size of building technology was valued at $67.60 billion. Concurrently, it could reach $80.62 billion by the end of 2022 and grow to $328.62 Billion by 2029.

Undoubtedly, massive reinforcement is underway! So let’s deep-dive more into it. 

What is smart building technology?

Definition : Smart building technology is a digital and intelligent framework encompassing IoT, AI, AR, and Building Management Solutions (BMS).

It primarily aims to: 

• operationalize automation, 
• generate data analytics, and 
• establish consumer-centric experiences & real-time communication in a secure environment.

It also incorporates cost-effective and energy-saving systems that optimize resource utilization. As a result, there is a good demand surge for residential and commercial purposes.

In 2022, there are 45 million smart building deployments globally, that could exponentially rise to 115 million by 2026. On top of it, the massive production and installation of IoT devices for smart buildings are taking place. 

Notably, the projection also shows solid growth of 2.5 Billion IoT device installations by 2027. It holds a whooping valuation of $92.88 billion from smart buildings set-up.   

Why is smart building technology becoming popular?

This technology is developed on a complex framework but is highly user-friendly and offers “convenience, comfort, and safety” altogether. Moreover, it minimizes utility and staffing costs and human error possibilities.

Also, smart technology helps stakeholders increase profitability by:

• facilitating an intuitive, tech-savvy, and ultra-modern consumer experience
• enforcing AI-powered predictive monitoring and maintenance that hassle-free identifies unexpected system downtime, faults, and anomalies 
• incorporating a Digital Twin framework that creates a real-time simulation of the physical building and updates periodically (which enables building administrators to manage remotely, control, and map 1:1 accurate navigation) 
• downsizing energy costs via the deployment of IoT devices and BMS

Smart building technology examples

Here are the top 5 use cases and examples .

• Office Workplaces

Office workplaces need smart technology to syndicate daily business operations effectively. They require optimal working conditions to fuel efficiency, generate better ROI, and reduce business expenses.

From managing employee authorization to security surveillance, and corporate communications, the technology covers a series of tasks at different hierarchies. 

Example 1: Apple Park in Cupertino, California, U.S.

The ring-shaped structural design of Apple’s headquarters is the center of attraction. The environment-friendly architecture can support the daily footfall of 12,000 employees.

Besides, every single operation in Apple Park is automated, driven by human-like capabilities. For example, tubes are installed on the ceilings and floorings to control the temperature and maintain in & out everything cool.

Example #2: Capital Tower in Singapore

Capital Tower is the fourth largest 52-story smart building, owned by CapitaLand Group. Its magnificent and ultra-tech architecture has won Green Mark Platinum Award for impeccable water and power efficiency. 

Its features include motion detectors, low-emission double-glazed glass windows, intelligent elevators, and dual LCE (Low Carbon Energy) panels.

• Medical Institutions & Hospitals

Healthcare systems require robust ecosystems to bridge the gap between digital and physical touchpoints seamlessly. They need to integrate patient-doctor chambers, surgery rooms, laboratories, isolators, and AI-powered diagnostics. 

Smart building technology can fasten treatment procedures, end-to-end information access, and patients’ journeys with quick data synchronization. 

Example 1: Sint-Maarten Hospital in Belgium, Europe 

It is the epitome of intelligent and human-centric healthcare, and utilizes smart building technology and cloud-based energy capabilities.

The hospital aims to foster maximum patient-staff and doctor collaboration and operationalize all processes via automation.

Example 2: Sheba Medical Center in Israel

It is the largest medical institution in Israel, and the world’s best smart hospital, ranked at 13th position globally. Every year, the Center takes care of 1 Million patients using AI & Big Data solutions. 

Also, it is a prominent healthcare contributor in the Middle East. The success factor behind this forward-thinking approach is Sheba’s ingenious Accelerate, Redesign, and Collaborate (ARC) program.

• Data Center Companies

Data center companies demand concurrent sync to manage, monitor, store, and visualize data for instant decision-making and forecasting.

This technology smoothly furnishes uninterrupted connectivity from stern to stern, ensuring high-end security and energy efficiency. 

It eventually empowers companies with comprehensive and actionable data analytics, reducing power consumption and total cost of ownership (TCO). 

Example 1: Worldwide Google Data Centers 

Google data centers establish a perfect balance of reliable storage, data security, 24X7 clean energy, and high performance.

On top of it, the building technology used in these centres fosters carbon-free energy. Google primarily focuses on water replenishment and geothermal advancements with carbon-intelligent computing. 

Example 2: Hindmarsh Shire Council Corporate Center in Nhill, Victoria, Australia

The contemporary and elite corporate center subtly illustrates Victoria’s ecological and technological capabilities. The center brilliantly streamlines data operations with less energy consumption.

It includes LED lighting systems, thermal chambers, solar panels,  zoned motion-detecting, crossflow ventilation, and many other smart features.

• Smart Infrastructure and Construction

Consumers and corporations look forward to intelligently connected buildings, energy systems, and industries in the fast-paced internet world.

As a result, real-estate projects are inclining toward establishing smart infrastructure.  

Example 1: Oakland City Center, California, U.S.

Oakland City Center is well-known for its greenest premium space. It is a vast hub of business centers, shopping stores, and dining facilities, supported by amenities plus parking services.

It perfectly shows the real-life innovative real estate sphere that efficiently maximizes smart building technology. 

Example 2: Duke Energy Center in Charlotte, North Carolina, U.S.

Duke Energy Center is a 51-story high-rise smart building that recycles approximately 10 million gallons of water annually. 

It utilizes over 45,000 LED lights to illuminate the building late evening and night. Furthermore, the entire center is integrated into one central network, which minimizes business expenses and power consumption by 22%.

• Smart Stadiums

Smart building technology is transforming the conventional stadium arena. 

With the increasing number of mobile devices and OTT, stadiums need to develop something exceptional to revive the field enthusiasm. This is why the brand-new concept of smart stadiums boomed. 

It offers hassle-free smart navigation, giant HD screens, live game statistics, supersonic internet speed, personalized fan experiences, and shopping perks.

Example 1: Tottenham Hotspur Stadium in London, U.K.

It is a state-of-the-art stadium with 1641 Wi-Fi access points, 1800 HD screens, CCTVs, and AI-powered point-of-sale systems.

Tottenham Hotspur Stadium improves consumer experience and safety through in-app information. From seat upgrades and food discounts to suspicious activity alerts, it covers a wide range of “smart” facilities.

The exciting part is the stadium’s automated flooring that switches grass field to turf and vice-versa within just 30 minutes.

Example 2: Atlanta’s Mercedes-Benz Stadium in Georgia, U.S. 

The smart stadium outshines with a cutting-edge audio system, 1800 Wi-Fi access points, and 2000 HD screens. Its full credit goes to smart technology integration with traditional infrastructure.

Above all, the fans leverage a 63,000 square feet and 360-degree HD video board that boosts live game engagement on a whole new level. This uplifts bookings and in-stadium sales.

What opportunities can smart building technology provide?

The technology opportunities are endless and continually evolving per consumer and corporate needs. Below are five critical future expectations.

• Detect occupancy to manage energy consumption

The installed smart occupancy sensors and Internet of Things (IoT) applications can effortlessly trace the concurrent footfall and optimize energy usage accordingly. 

It is the priority concern of businesses and enables administrators to monitor resources and maximize space utilization. 

• Optimize air and temperature quality

Smart building technology can offer a trusted, healthy, and safe environment by constantly tracking air conditioning and humidity.

• Its integrated temperature programming balances cooling and heating systems to automate energy usage corresponding to real-time footfall. 
• The centralized Chiller Plants optimize the cooling of the entire building and minimize fuel consumption using live weather information. 
• Embedded weather monitoring stations on the exterior measure atmospheric conditions, improve air quality, remove pollutants, and maintains the temperature and ventilation system.

• Control electric loads to prevent power breakdown

The smart-direct load control and automated load-shedding seamlessly manage power distribution. This, in turn, helps administrators to prioritize and sort electrical loads following the current occupancy in the building.

This centralized and innovative architecture saves energy costs and conserves power during peak operating hours.   

• Manage water supply system

Internet of Things (IoT) tools and technologies in smart buildings effectively manage the sustainable water supply. The robust smart water devices integrated with BMS generate tamper-proof insights, highlighting water utilization at current locations.

The transparent and intelligent monitoring system proactively detects leakage, upkeeps quality, and recycles water resources.

• End-to-end remote maintenance reducing on-site costs

Smart building technology offers remote preservation that directly reduces on-site high maintenance costs. Because it implements quick Over-the-Air (OTA) updates which save stakeholders (or consumers) time to a great extent. 

The best part is: the maintenance process keeps internal real-time communication and data flow intact. 

The bottom line

Integrating this smart technology into your existing infrastructure can expedite productivity 360-degree. Above all, it exponentially augments occupancy capabilities with smooth functioning, high security, and ease of comfort.

What’s surprising is: the high-tech stack involved in smart building technology seems to be super expensive. However, it is economical, energy-efficient, and scalable. Also, you can get it personalized as per your specifications. 

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