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ICT Today April/May/June 2021

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50 I ICT TODAY CASE STUDY: Fully Integrated Intelligent Building Embraces PoE of Everything By Bob Allan and Matt Scharkozy According to a recent report by Precedence Research, the global intelligent building market is expected to reach $127 billion (U.S.) by 2027. 1 With a 2019 survey by Axonize indicating that 63 percent of senior-level executives across an array of industries have plans in place to implement intelligent building projects, it is clear that intelligent buildings are rapidly becoming the gold standard in commercial enterprise construction. 2 The intelligent building concept is being embraced by commercial developers that own, operate, and finance income-producing properties. Many of these companies are beginning to understand the advantages of integrating low-voltage building applications to deliver sustainability, operational efficiency, and enhanced occupant experiences that enrich their portfolios and ultimately drive higher property values and occupancy rates.

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