The article presents an overview of how connected or smart systems can help improve day-to-day lives and be beneficial for businesses as well. Connectivity opens a world of possibilities for improving occupant experience, reducing energy costs, and managing building equipment—three areas that can increase returns on real estate assets. Smart systems are expected to improve the efficiency of heat, light, sanitation, security, safety, and a host of services. The savings of energy alone could be significant. Connections between things and people, supported by networked processes, will enable everyone to turn vast amounts of heterogeneous data into practical information that can be used to do things that weren’t possible before, or to do familiar tasks better. Cognitive work and service assistants with deep learning and reasoning capabilities will support various human activities. The unprecedented communication can inspire creative thinking and collaborations among businesses and organizations.

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