• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, August 2, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Relevance Of IoT In Real Estate Profession

by Sivowaku Abiodun
1 year ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

In a revolutionary shift that’s transforming the way properties are managed and interacted with, the Internet of Things (IoT) is changing the face of the real estate industry. From smart homes to intelligent buildings, the integration of IoT technology is unlocking unprecedented efficiency, security, and innovation in the sector.
As the world becomes increasingly connected, the real estate industry is poised for a seismic shift – and IoT is leading the charge.

Advertisement

An expert and a construction project engineer at Nicholson Construction Company, based in United States of America, Nelson Akindele reveals how IoT can revolutionize property management and real estate operations. Globally, the adoption of IoT is expanding rapidly. Leading research and advisory firms have estimated that the number of IoT devices will continue to grow significantly, further embedding IoT into everyday infrastructure and operations, including real estate​​.

According to Nelson, by integrating IoT devices such as sensors and smart systems, real estate professionals can gather extensive data to enhance decision-making processes. These technologies facilitate efficient property management, improve security, and provide detailed insights into building performance and occupancy rates. The research highlights the potential for IoT to drive digital transformation in real estate, making operations more efficient and customer-oriented​​.

Despite its promising benefits, the integration of IoT in real estate faces several challenges. One significant barrier is the high cost of implementing IoT infrastructure, which can be prohibitive for smaller firms.

Additionally, there are concerns about data security and privacy, as the increased connectivity exposes systems to potential cyber threats. The study also notes a lack of awareness and technical expertise among real estate professionals, which hampers the adoption of IoT technologies​​.

RELATED

FUEL CRISIS…Hold Marketers Responsible For Long Queues – Dangote

Dangote Refinery Appoints David Bird As CEO

16 seconds ago
Nestlé Equips Over 3.7m Children In 2023

Nestle Nigeria Deepens Grassroots Impact With Women Empowerment Initiative

3 minutes ago

While challenges remain, particularly in less developed regions, the growing global adoption and the anticipated exponential increase in IoT devices highlight a future where smart technology is integral to real estate practices.

Embracing IoT can lead to substantial improvements in efficiency, security, and data-driven decision-making. Nelson advocate for educational initiatives to increase awareness and understanding of IoT among real estate professionals, which can help drive the future adoption and implementation of IoT in real estate, ensuring the industry keeps pace with technological advancements.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel




SendShareTweetShare
Previous Post

Buhari Mourns Passing Of Ex-Senate President Bukola Saraki’s Mother

Next Post

PEBEC Holds Townhall Meeting Friday

Sivowaku Abiodun

Sivowaku Abiodun

You May Like

FUEL CRISIS…Hold Marketers Responsible For Long Queues – Dangote
Business

Dangote Refinery Appoints David Bird As CEO

2025/08/02
Nestlé Equips Over 3.7m Children In 2023
Business

Nestle Nigeria Deepens Grassroots Impact With Women Empowerment Initiative

2025/08/02
Wema Bank Rewards 131 Customers With N11m In ‘5 For 5’ Promo Monthly Draw
Business

Wema Bank Grows Profit by 231% in H1 2025

2025/08/02
United Capital Appoints Uche Ike As New Chairman
Business

United Capital Appoints Uche Ike As New Chairman

2025/08/02
Firm To Lead Africa’s Infrastructure Revolution Innovation
Business

Firm To Lead Africa’s Infrastructure Revolution Innovation

2025/08/02
Engineers Offer Action To Achieve Low-Carbon Solutions
Business

Engineers Offer Action To Achieve Low-Carbon Solutions

2025/08/02
Leadership Conference advertisement

LATEST

Dangote Refinery Appoints David Bird As CEO

Edun, NACCIMA Seek Stronger Public-Private Synergy For Economic Transformation

Nestle Nigeria Deepens Grassroots Impact With Women Empowerment Initiative

Nigeria Retains Continent’s Top Petroleum Refining Position

Wema Bank Grows Profit by 231% in H1 2025

United Capital Appoints Uche Ike As New Chairman

Firm To Lead Africa’s Infrastructure Revolution Innovation

Engineers Offer Action To Achieve Low-Carbon Solutions

IE Sustains Electricity Supply With Commissioning 15 MVA Injection Substation

Customs Begins Migration To Authorised Economic Operator Scheme

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.