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Evaluating Smart Home Technology: It’s About More Than the Bottom Line

Outfitting a commercial property area with smart technology can be a substantial cost. While the long-term advantages and strategic improvements we’ve discussed before can make that investment worthwhile, the appraisal period is critical to ensure an impactful ROI. Home developers, owners, and managers must undertake a rigorous evaluation process to be sure the technology procurement complies with the project total financial plan. And this is not only about obtaining the cost right. If the technology does not meet the requirements of this space, then all the smart technology on the planet will not stop the project from being a reduced cost.
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