According to FORBES INSIGHTS, article dated 24 Oct 2018, Smart buildings are the building blocks of smart cities. Smart buildings cut down water and electricity consumption costs, but also function better, attracting more tenants. In smart cities, smart buildings are able to “talk” to each other via IoT, just like the various systems of a smart building — fire protection, ventilation and climate control, lighting and video surveillance — communicate through a central control. The benefits then are multiplied. Grids in smart cities can then use sensor networks to monitor electricity and water consumption across various areas of the city and automatically adjust output according to demand. More importantly, smart buildings generate reams of performance data that in conjunction with machine learning techniques, provides the ability to predict and tweak future performance. Even if a city cannot support smart city infrastructure, standalone smart buildings and older buildings upgraded with IoT technology will be valuable in making cities smarter and more efficient.
Full story at Smart Buildings: Forming The Foundation Of Smart Cities