The promise and benefits of IoT in the construction sector

Internet of Things (IoT) is everywhere these days, with people referring to how they are planning for, talking about or developing for it. With the prevalence of IoT, what does it mean for construction and property management in the healthcare space/facilities? Will it actually provide real benefits and efficiencies or is its value yet to become apparent? With the fourth industrial revolution (Industry 4.0) in full swing, technology advances mean that new, smarter, safer and better ways have come to market to plan build and operate health assets. The Internet of Things (IoT) is one of those technological advances that has been around for about two decades. Since then its definition has been subject to some change, however fundamentally it refers to the connectivity to the internet of objects that generate data for the purpose of making the data available and connectable.