Yes, smart home technology works for businesses, at least in part. Businesses need more robust and scalable smart solutions, so they often turn to commercial applications.
The driving forces behind smart home technology adoption in the business world pertain to things like access control, security, climate control, energy management, and maintenance. If a business can catch a water leak or rebel HVAC system before it ruins the building or the annual budget, the business will be that much further ahead with its profit and loss statements.