5 Ways Smart Buildings Lower Costs

214 views 2020-01-09 12:45:32

Buildings have increasingly grown in complexity over time, having adopted IoT (Internet of Things) technologies such as wireless energy consumption monitoring, automated lighting and HVAC systems, which has led to the advent of smart buildings.These IoT-powered systems enable an analytical approach to facilities management, helping property managers nip potential issues in the bud before they even begin to manifest, reducing wasted energy, increasing efficiency and productivity.

Thus, an IoT-based solution for smart buildings future-proofs your property and pays for itself over time. This article will give you a run-down on how IoT technologies are being used to cut costs, boost efficiency and productivity, and enhance building security. Let’s get cracking.

1. Enchancing Staff Productivity Levels

A stressful environment can have a significant impact on employees’ productivity levels, leading to diminished performance in customer service and other areas of the business. Smart buildings can prevent such situations and help staff get back on track by facilitating environments that help them do their best work. Such useful features include automated lighting and thermostat adjustments, or optimising the layout of your office based on data collected by IoT-enabled sensors. This data helps management develop a plan for enhancing business operations and configuring the system in smart buildings to adjust the office environment according to the needs of customers and staff.

This data acquired via smart buildings helps you build an environment that is more productive than traditional office setups. When staff and customers are in a comfortable environment (made possible by smart buildings), you’re likely to experience an increase in the quality of service levels and, consequently, customer satisfaction.

2. Reducing Wasted Energy

IoT systems in smart buildings enable facilities management to determine when an area is in use and how it is being utilised. It then uses this data to coordinate with other systems in the building (e.g. HVAC systems) that control the environment. This helps you make sure power is only used when it’s really needed.

IoT devices gather usage data on zones in smart buildings and how personnel and visitors utilise building areas, facilities, and fittings. A building management system takes this data, analyses it, and provides you with actionable insights to create cost-saving measures, solve efficiency problems, and tackle potential issues head-on.

3. Enhanced Security

Security and safety in smart buildings is managed through a combination of IoT devices and a building management dashboard. These enable property managers to remotely control access and surveillance equipment, enabling a 360-degree view of all areas. They can quickly determine whether false alarms were triggered without needing to manually check them, as they have access to real-time security data. By tracking occupants, monitoring security conditions in real-time, and keeping unauthorised personnel out of the building, security incidents and unwanted damage is prevented almost entirely.

4. Predictive Maintenance

While periodic maintenance is certainly a given for smart buildings (or any type of building, for that matter), there are some repairs that can be avoided by carrying out preemptive maintenance long before the tell-tale signs of wear and tear become apparent. True Occupancy systems give you insight into how frequently facilities such as elevators and walkways are used. This gives you sufficient time to plan preventive repairs ahead of time, saving on the costs of expensive breakdowns, and mitigating inconveniences to building tenants.

5. Improving Occupants’ and Clients’ Experiences

Smart buildings that are set up to meet the needs of customers as well as staff members generate positive results, which translate into increased profitability for businesses. Implementing an IoT system and a building management dashboard also ensures that all of your building’s systems are synchronised and work together to enhance organisational processes in a way that leads to increased operational efficiency, which naturally results in savings on associated costs and resources.



Related Resources

Applying the ‘Internet of Things’ to Create Smart Buildings

IoT is Smart for Buildings

What is IoT? How Smart Building Technology is Changing Facilities Management


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