Toggled, a wholly owned subsidiary of Altair involved in intelligent building management solutions, is selling a new product: Toggled iQ Analytics for analyzing building data. Fair enough, but immediately more interesting in some ways is an online survey the company commissioned.

There was a wish list of things that building owners and operators wanted to accomplish—reduce energy use, provide security monitoring, manage building safety, and monitor carbon emissions. And the survey showed 78% of respondents (474 respondent business owners and 31 facilities managers, with a 4-percentage point margin of error) having adopted smart building tech.

Now the interesting part: "Most respondents (94%) who have implemented smart building technology say their organization has invested in data analytics," according to the write-up. "However, as many as 34% say they lack the talent and skills to integrate data science into their smart building platforms."

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.