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Simplifying the IoT Edge: Smart Spaces Best Practices

Simplifying the IoT Edge: Smart Spaces Best Practices examines how connected devices benefit multifamily owners and property managers, as well as opportunities in the emerging MDU market for product vendors and service operators.

The growing smart apartment space presents a unique area for IoT technology deployments, with specific benefits and challenges.

Smart apartments feature smart amenities for residents, community management solutions, and building automation solutions.

Parks Associates’ consumer surveys find that internet access is a top amenity for MDU residents, while smart home device offerings are emerging as a key differentiator for properties. Almost two-thirds of prospective MDU residents report that pre-installation of smart home devices is an important factor when selecting their new apartment.

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