What is a ‘Smart Building’
The internet of things is a network of physical objects that are embedded with electronics and software, enabling them to collect and exchange data. This means that every object can be connected to the internet and these devices can communicate with each other. In the context of buildings, this means that aged and modern infrastructure can ‘talk’ to real estate owners and operators to make better sense on how efficiently these spaces are run.
The World Economic Forum
The World Economic forum has stated that buildings are responsible for 40% of global energy consumption and 33% of greenhouse gas emissions.
It is critical operators are able to ensure new buildings are sustainable and energy-efficient. This means they are at the forefront of being able to deal with climate change. Smarter buildings, means practical, and pro-active ESG (Environmental, Social, Governance) related outcomes can be sought and delivered with tangible outcomes, powered by technology.
IoT technology has helped save energy by making buildings smarter. It helps reduce power consumption by switching off lights when nobody is around. It also helps save on air conditioning by automatically adjusting the temperature based on occupancy sensors. It helps by optimising the power mix during peak periods between on and off-grid power options.
For buildings to be considered “smart”, they need to have “things” or sensors that can detect occupancy, temperature, and other environmental conditions. This enables building managers to control heating and cooling systems based on the needs of their occupants. This is no truer in an office, mall, mine, or factory. Each of these elements indicate the ability to manage scarce resources, including the capacity and appropriate utility usage – including water. They also extend to optimising work environments to ensure the most optimal and fair working conditions.
How Machine Learning is driving more pro-active processes
Machine learning algorithms can also be used by building managers to predict occupancy patterns and adjust accordingly, which leads to significant energy savings over time. These same algorithms can be used to direct operational resources to areas of most need, in addition to automatically sending instructions to devices to enact certain events. This moves past lights and rooms, it moves to floors, locations, and regions. The data is rolled up to central locations so that buildings are managed from anywhere in the world.
The internet of things is not just about connecting devices to the internet. It’s also about how these devices can help save energy and reduce costs. Building management systems are evolving. They use sensors, machine learning, and digital twins to monitor the building’s environment and optimize its performance. These require an ability to interact with aged infrastructure and telemetry. There is no common approach, however modern hardware and software technology is enabling this modernisation trend.
IoT.nxt is helping our clients across the world bridge the edge, by connecting people, to their buildings. We have a strong suite of offers that enable cost reduction, smarter capital and operational expenditure by bringing your building alive, through data.
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