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Stock impact report

How Smart Technology Can Cut Costs In An Era Of Energy Scarcity [Forbes]

Tetra Tech, Inc. (TTEK) 
Last tetra tech, inc. earnings: 4/29 04:36 pm Check Earnings Report
US:NASDAQ Investor Relations: tetratech.com/en/investor-relations
Company Research Source: Forbes
According to , 80% of corporate occupiers plan to renew rather than relocate in 2025, driven by capital costs and lease negotiation leverage. But staying put comes with higher expectations for building owners; tenants demand enhanced experiences, modern amenities and greater operational efficiency. This shift is pushing building owners to upgrade assets while keeping expenses in check. According to , over 80% of real estate leaders plan to increase their technology budgets in the next three years—a clear signal that the industry is prioritizing AI, automation and smart building technologies to optimize building performance while also improving tenant satisfaction. PROMOTED With high vacancy rates and rising interest costs still weighing on the industry, the need for cost control and operational efficiency has never been greater. And because energy use typically accounts for for commercial office buildings, investing in smart technology isn't just a modernization effort—it's a st Show less Read more
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