Smart Spaces: Transcending Physical Boundaries with Cognitive Spaces

10 Sep 2021
by Alisha Mittal, Uthra K

Buildings and spaces are no longer physical locations housing people and objects. In fact, with the advent of digital, including technologies such as Internet of Things (IoT), Artificial Intelligence (AI), analytics, and the cloud, these areas having become “smart spaces,” offering improved efficiency, higher sustainability benefits, and enhanced stakeholder experience.

Enterprises across verticals are looking to implement smart spaces with industry-agnostic use cases, such as smart lighting, smart workspaces, and smart energy management. To address enterprise requirements and concerns around complexity, talent management, and change management, service providers, solutions providers, IT specialists, and platform providers alike are investing in solutions as well as innovative engagement constructs.

To unlock full value from these setups, enterprises need to transition from digitally enabled spaces to connected and autonomous smart spaces. It is thus imperative for firms to assess their existing maturity levels, invest across systems and networks at each stage of their journey, and determine the right vendor to partner with to reap maximum benefits from their investments.


All industries and geographies


This report studies:

  • Smart spaces and the role of IoT in enabling them
  • Key use cases and benefits across industries
  • The evolving supply landscape for smart spaces
  • Key imperatives for enterprises in their smart spaces journeys


Digital Services

Sourcing and Vendor Management


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