Energy efficiency, productivity, and sustainability have been a focus of global governments and corporations, and smart buildings and the Internet of Things (IoT) have gained huge popularity over the years.
FREMONT, CA: The opportunity for smart technology manufacturers is not only about top-line growth in the building industry but also about understanding the technology segment, the building category, and the tenant type.
Here are five important smart trends that are influencing the building industry:
Smart systems can pick up tiny data from temperatures, vibration, fan speed, compressor run times, flow rates, and energy consumption across the whole building, which are then used to produce operational insights.
Because energy efficiency remains at the forefront of IoT smart building trends, smart devices give real-time monitoring of building utilities like water, electricity, and gas usage. They can also provide real-time wireless sub-metering that allows tracking of individual tenant spaces and assets.
Indoor Air Quality (IAQ)
IAQ is gaining importance, especially among millennials. There is a connection between high concentrations of CO2 and lower performance, as studies show. Hence, IoT can help solve this with real-time IAQ monitoring.
Artificial Intelligence and Big Data
Based on Machine Learning, Anomaly Detection, Fault Detection, and Diagnostics (FDD), and Predictive Building Maintenance, these analytics not only capture vast amounts of data but also produce intelligence derived from IoT data. For instance, smart device systems provide insights into the performance of safety and security systems in commercial buildings, which benefits the owners, tenants, facility managers, service providers, and engineers.
Real-Time Cloud Visualizations
Real-time cloud visualizations are in demand, as both public and professional commercial real estate require access to real-time alerts and visualizations. Even if one is not in the building premises, it could be accessed from anywhere with real-time data and services and real-time cloud delivery.