This document summarizes a presentation given by Dr. Abraham Lam about applying Internet of Things (IoT) technology to building management. The presentation discussed how existing building automation systems from different vendors cannot communicate due to proprietary protocols, hindering optimization. IoT allows building components and systems to connect and exchange data over open standards. Dr. Lam's company FUSQUARE is developing an IoT-based energy management system to integrate different building systems and provide flexible, open communication. Their research and development is taking place at the Qianhai startup hub in China, which offers supportive policies, collaboration opportunities, and exposure for technology companies.