Internet of Things Smart Sensors Are Driving Smart Buildings
Basically, the Internet of Things (IoT) is a network of interconnected devices embedded with sensors, software, network connectivity, and electronics that enable them to collect and exchange data. Sensors, therefore, are key elements in the "things" of the IoT. They are a crucial part of what we conceive to be the next industrial revolution and will affect the way businesses, governments, and consumers interact with the physical world.
Philips Lighting joins $7 million round for smart building sensor maker PointGrab
Israel’s PointGrab has raised $7 million in funding for its sensors for smart buildings. The investors include lighting company Philips Lighting; Mitsubishi UFJ Capital Co. (MUCAP), a venture capital arm of Japan’s largest financial group; and existing investors ABB Technology Ventures (ATV).
Smart Sensors’ Role in the Digital Ceiling
The Internet of Things (IoT) has introduced large-scale networking and digitization to commercial buildings and opens a whole new range of solutions and services for construction and building management executives that are too compelling to ignore. This innovation will yield true smart buildings that are efficient, save energy, optimize facility management, enhance safety and security, generate business intelligence and improve occupants’ experience.