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Construction Tech Review | Tuesday, June 09, 2020
Since the last few decades, the building automation system (BMS) has played a crucial role in energy management throughout many commercial and industrial facilities. Still, now it is predicted that the BMS sector will witness the massive growth in the Internet of Things (IoT) and also connected device adoption in 2020.
Fremont, CA: The BMS architecture has undergone a significant transformation, most notably from pneumatic systems to computer-based control systems. Regardless, the majority of BMS seen today still serves the same purpose that they were initially intended for: simplified management of core building functions, especially heating, air conditioning, and ventilation (HVAC) equipment. Despite its significance, this digital age puts mounting pressure on energy efficiency and complex demands; the BMS sector is due for a makeover. The modernization of BMS is cost-efficient as well. With the proliferation of IoT technologies, one can tap into boundless possibilities to optimize property operations without incurring outrageous costs. Here are a few points that highlight how IoT is reshaping the BMS sector.
Greater Utility Savings to Cut Costs and Environmental Footprint
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IoT technologies could help in increasing energy efficiency. Until now, HVAC equipment has, at times, been regulated in a uniform, predefined manner, causing wasteful problems such as overheating or under heating in the property. Therefore, real-time, granular IoT sensor inputs enable on-demand, micro-zoned equipment control to gain higher energy efficiency. Furthermore, building managers can leverage occupancy data and unveil significant trends in HVAC, and light needs to optimize equipment on/off schedules. While talking about usage monitoring, wireless utility submeters help deliver consumption data at discrete building areas or even on individual assets, specifically the energy-intensive ones.
[vendor_logo_first]Better Tenants Wellbeing and Satisfaction
The growing extensiveness of smart home and smart building technologies leads to more demanding expectations from the modern tenants. Air quality, lighting, and humidity now play into the ideal climate conditions for occupants’ wellbeing and productivity. In this context, wireless IoT sensors are powerful instruments that can help to maintain a healthy and optimal indoor environment.
Revenue Generation Opportunities
Enormous IoT data is opening the door to new data-driven revenue streams that the property owners may not have considered. While talking about the tenants, a host of insights can be offered to help them improve the decision-making processes.
The days when BMS is limited to switching on and off the heater based on predefined rules is long gone. Today, IoT technologies are elevating BMS functionalities and providing new opportunities for energy efficiency, facility management, tenant experiences, and service innovation. All of these give a hassle-free upgrade with low-cost sensors and next-gen IoT connectivity.
See also: Top IoT Companies
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