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Living in the Future

Friday, June 9th, 2017 at 5:00pm Engel Völkers

The Internet of Things (IoT) and How It Plays Into Your Life

By the Engel & Völkers Team

For all you techies, TechCrunch is probably your holy grail. Always privy to the latest leaks and launches heard through the Silicon Valley grapevine, TechCrunch oozes juicy tech gossip (or bitcoins) from its ears. So what’s a consistently cool and interesting discussion among this media site and tech philosophers, alike? IoT.

Also known as the “Internet of Things,” IoT speaks to the idea of all physical objects, from the simple and mundane to homes and cars, having a digital identity. Even more so, this promise of IoT in the world is well under way. Gartner states that more than 20 billion connected things will be in use worldwide by 2020, which poses huge lifestyle implications for businesses and consumers.

Think of all the areas in your everyday life and in your interactions with those who serve you where efficiency improvements can be made.

Case(s) in point:

Voice activation modes (think Siri) and virtual assistants (think Google Home, Amazon’s Alexa and Apple’s newly announced HomePod) barely puncture the barrier of potential that lies in having connected homes and objects that will change how we go about our day-to-day lives. It’s like you’re never alone and never without instantaneous answers to your burning questions. In a way you have someone—better yet, something—that acts on all of your simplest of commands … because you said so. 

Aloft Hotels was the first major hotel to bring cyber colleagues to its guests when they announced the “Botlr” robotic butler. Simulating a human butler, the Botlr is a robot that works around the clock, mainly roaming around to make guest room deliveries, such as toiletries and fresh towels. Guests simply make a request for items from the convenience of their smart phones, and tips are appreciated in the form of tweets.

Aloft’s “Botlr” works around the clock to tend to hotel guests by the command of a tap from their smart phones.

Anthony Hitt, CEO of Engel & Völkers North America, recently had the opportunity to speak at MediaPost’s IoT Marketing Forum in New York City on practical applications of virtual reality in real estate (watch his keynote here) and took part in the larger discussion on how connected engagement with technology is becoming increasingly crucial and relevant to how global societies are operating. Immersive technology paired with human connection is vital in creating optimal experiences.

Engel & Völkers equipped each one of their North American brokerages with virtual reality technology to make virtual listings a reality for home buyers and sellers.

IoT is all about interconnectedness, and movement toward this ubiquitous connectedness between you, us, the world and “things” has been in full force in the technology sector for years. We are living in the future, and our personal experiences will be a part of that future, whether in interactions at home or in the way we approach relationships with others.



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