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How Smart Buildings Benefit Building Owners

Construction Tech Review | Monday, July 19, 2021

Smart building helps collect data and offers insights building owners can use to enhance energy efficiency, save on expenses, and provide healthier, comfortable spaces.

FREMONT, CA: A smart building is one in which automated processes control the building's systems. Users can consider a smart building as a living, breathing organism to better understand this. The building's core system, known as the building management system (BMS), controls the rest of the body.

HVAC, lighting, plumbing, processing tools, access control, wayfinding, digital signs, and security systems are just a few of the items on the list. Smart buildings make a building grid more flexible, hygienic, productive, and cost-effective through automation.

Smart building benefits

According to a smart building research group, the number of connected devices deployed in commercial buildings will reach approximately under 3 billion by 2025. Sensors and devices that detect occupancy movement and analytics are expected to grow at the fastest rates. Given the advantages that smart buildings provide, it's easy to see the reason.

Buildings that incorporate smart technologies can save an average of 15 percent on operating expenses while reducing energy waste and increasing employee productivity. Let's take a deeper look at some of the advantages of the smart building.

Reduced operating and maintenance costs 

A smart building can perform automatic inspections for equipment or lamp failure, and people can be notified when preventive maintenance or replacement is required. It reduces the number of manual service checks. Proactive maintenance also offers to cut down on the amount of money invested in reactive maintenance.

Increased energy efficiency

A smart building can identify inefficient systems and equipment and make real-time adjustments to cut energy use. Smart buildings, for example, can turn on, off, or modify light and HVAC settings depending on the occupancy or the level of natural sunlight in the room. Buildings with large refrigerators can run them during off-peak hours to save energy and expense usage.

Visualized data insights and analytics

The capability to gather a significant amount of data that can be examined to make decisions is a substantial benefit of smart buildings. Building owners can see the amount of energy that is consumed and how much it costs in real-time. As a result, better data-driven decisions can be taken. Organizations find it challenging to invest in equipment or systems if they can't see a return on their investment. Smart buildings give precise, real-time data that can be used to demonstrate impact. These aids organizations in making investments in similar renovations across multiple properties.

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