Smart Buildings: The Missing Piece of Energy Efficiency Puzzle
energycioinsights

Smart Buildings: The Missing Piece of Energy Efficiency Puzzle

By Energy CIO Insights | Thursday, March 05, 2020

Energy is one of the most valuable commodities of modern time and saving it can prove to be very beneficial. Smart buildings will make the future energy efficient.

Fremont, CA: In the modern age of technological advancements, the process of planning, constructing, and managing buildings is changed drastically. Buildings that are not connected have not evolved. They provide the fundamentals such as shelter, temperature control, and safety. However, newer buildings or old buildings transformed to smart buildings are continually changing. They can be called as living organisms connected to a network with adaptable and intelligent software. Organizations understand that technology is the bedrock of all operations and play an essential role in informing, shaping, and monitoring every decision. The construction industry has witnessed an unprecedented transformation in the areas of planning, development, and investment, all thanks to the Internet of Things (IoT).

The future Top 10 Smart Energy Solution Companies - 2019 of the construction industry relies on sensor networks that can regulate temperature, track energy and water usage, monitor sustainability performance in real-time, and more. The latest building management system (BMS) provides deep insights into the real-time performance of assets, employs a predictive approach, predicts potential issues, and delivers essential data to act on. Smart buildings are the result of new design tools, evolving ecosystems, and technical solutions. Startups are making a significant impact on the building automation system management and predictive maintenance of heating, ventilation, and air conditioning (HVAC).   

Today, buildings could perform smart functions such as lighting, HVAC, security, or fire safety. However, with building data, more insights could be gained that can help in shaping future strategies to make better decisions. Regardless of the building type, property managers can benefit from emerging technologies such as AI, IoT, and big data. Simplifying smart building solutions can help in tracking building systems, reducing downtime, maximizing efficiency, and maintaining a comfortable, productive environment. Due to the predictive approach, smart buildings enhance personal safety, comfort, and security. Also, the buildings are less susceptible to shutdowns at peak hours.

With the combination of actionable data from smart sensors and meters with building management systems, efficiency in lighting, HVAC, fire, and security systems can be achieved. Besides, the automation of building systems provides increased operational efficiency and control. By recognizing the lighting and heating system’s behavior patterns and saving them, smart buildings can ensure occupant satisfaction. Smart buildings address the goal of higher energy, and operational efficiency is by collecting data and making continuous amendments. In conventional buildings, fire safety, HVAC, lighting, and security surveillance function separately. However, in a smart building, these systems use IoT and upload the data in a central, cloud-based network and work in sync with each other.

Smart buildings can communicate with each other. It can limit its energy consumption when the city power grid sends an alert about nearing its capacity. Smart buildings are cost-friendly and run better, which promotes sustainability and efficiency. Such benefits attract tenants and reduce lower vacancy rates. As these structures generate a lot of data, it can display how the building has performed so far and the areas of improvement. This data is the bedrock for stronger building performance and efficiency.

Smart buildings go beyond contributing to sustainability goals and saving energy. They impact the security and safety of all resources and extend capital equipment life. These structures are virtual power generators by enabling operators to shed electric load. Smart buildings are a vital component of a future where human ingenuity and information technology fuse to build a strong, low-carbon economy based future. The advantages are not just for the smart building. It helps strengthen the electric grid. Also, it minimizes society’s carbon footprint because renewable energy sources provide the power which is balanced with a lot of information that matches the demand and the supply variable on a minute-by-minute basis. Thus, smart buildings are the future as they are beneficial for the society, economy, and the environment.

See also: Top HVAC Solution Companies

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