To boost their buildings’ IQ, companies tap “Internet of things”

By STACEY HIGGINBOTHAM

When General Electric (GE) announced the creation of a new company calledCurrent in October last year, CEO Jeff Immelt said it would take GE’s “commitment to energy to the next level.” Current is GE’s attempt to address the business shift posed by ubiquitous connectivity, cheap sensors and data analytics — sometimes called the Internet of Things. It was created to sell lighting as a service to GE customers.

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