What makes Smart Buildings so Appealing?

What makes Smart Buildings so Appealing?

By Energy CIO Insights | Monday, July 20, 2020

Along with the devices, the buildings are getting smarter. IoT technology makes it easier for a commercial building to be energy efficient.

FREMONT, CA: Smart buildings integrate technology such as IoT, which provides a solution to the inefficient use of energy. A smart building is well connected, from air conditioning to security and lighting. With IoT sensors, actionable data such as occupancy and people counters can be gathered to enhance the functionality of the building, which leads to significant savings. IoT uses a network of connected devices embedded with sensors and connected to the internet. The sensors receive data from integrated devices, which is used for real-time analysis to provide insights. 

Organizations are adopting IoT widely to capitalize on the benefits it offers. It is used to achieve business goals such as improving operational efficiency, reducing energy consumption, generating revenue, improving occupants' comfort, increasing customer engagement, and more. Retail stores, hotels, and hospitals are taking advantage of building automation to provide more support to the occupants and improve productivity at the lowest cost while efficiently managing energy and operations.

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Commercial buildings in the developed countries consume approximately 20 to 40 percent of the total energy making it crucial to focus on energy optimization. Smart buildings using IoT reduce energy consumption and improve operational efficiency. For instance, the data collected by sensors are useful in regulating air-conditioning and lights in real-time. It reduces energy consumption and optimizes the internal environment to improve the comfort of occupants.  From an occupant’s perspective, the temperature and lighting can be monitored and managed for each section of the building. On top of that, switching off lights with zero activity, adjusting cooling systems according to the outside environment, and managing other devices can be easily automated. This system ensures that the facilities are efficiently used while improving the user experience, as well. 

IoT provides continuous monitoring and predictive capability, which enables the building manager to take appropriate corrective action before an issue strikes. Predictive maintenance includes the elimination of loss due to equipment breakdowns, reduced maintenance costs, and decreased equipment downtime. These benefits indicate that building automation can make occupants more comfortable and more productive. A smart building not only increases building efficiency, energy savings, and monitors asset utilization but also reduces operational costs.

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