How to Make Buildings Smarter with Smart Location

Smart buildings are seeing an increased focus on occupant-centric workplaces using occupancy analytics and Real-Time Location Systems (RTLS). RTLS generate live updates on the location of people and objects. Think of them as the blue dot on a map showing where something is at a given moment.

Memoori defines occupancy analytics and location-based services in the commercial office space as “electronic hardware and software used in workplace management and indoor location-based services to enable one or more of the following applications – optimizing spatial efficiency in the workplace, improving the location-based experience of building users, people finding, using location-based data to optimize building and operational performance, asset tracking.” Memoori estimates that the occupancy analytics commercial office space industry will grow at a CAGR rate of 21.5%, from $2.17 billion in 2019 to $5.73 billion in 2024...