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Why Smart Buildings Equal Smart Business

Business September 30, 2021

Smart buildings in science fiction are so smart they can predict your every need. They develop personalities of their own; they can turn against those who occupy the building or even become overprotective and lock you inside. In reality, smart buildings will become increasingly intelligent, but they'll never become that “smart.” Right?

The number of smart buildings will increase while getting smarter, measured by how much their technologies improve experiences and outcomes. Experts say that in 2022, more than 46 billion devices will be connected to the internet of things (IoT). It’s becoming increasingly important to connect and integrate these devices in the most secure and useful ways possible, especially in the spaces you do business.

Read How the Internet of Things Simplifies Tasks but Complicates Privacy

The global market for IoT in buildings is expected to rise up to $75.5 billion by 2021. | AVI Systems

A Broad Definition of Smart

Thanks to IoT, smart homes and other buildings integrate features like lighting, temperature, appliances, computers, alarms, and other devices to provide a more comfortable and convenient experience to occupants. Smart technologies are controlled through programming, sensors, or voice control. They are also used to manage systems when buildings are unoccupied.

The ways you can use smart building technologies are growing. One example is that wearables will begin to play a larger role in controlling the tech in your spaces. For example, your smartwatch will be able to communicate to your thermostat that it's time to adjust the temperature because you’re heading home.

The Intelligent Enterprise

Smart enterprise buildings will be able to do all the things smart homes do, but they will have to meet additional needs and include additional capabilities like meeting room automation, more comprehensive safety features, and detailed reporting on the usage and efficiency of rooms, equipment, and more.

Facilities managers will no longer think of lighting, heating, air conditioning, ventilation, or controls as distinct systems because building automation will manage them all under a single system. Buildings will operate more efficiently and be easier to manage despite increasingly complex integration.

Benefits All Around

Smart technologies don’t just benefit those in facilities though. Here are some of the other reasons you should smarten up your buildings:

  • Your employees: Workers will benefit from automated processes that will save them time and prevent frustration caused by struggling with equipment. They’ll also be safer and more secure in a building with automated alarms, sensors, and security features.
  • Your customers: Visitors will feel more comfortable in a building with a controlled environment. In addition, a smart building can provide personalized access and information to guests, based on their reasons for visiting. For example, you can provide visitors with a smart badge that provides access only to areas they will need to go and that activates digital signage to provide information specific to their visit.
  • Your company: Your organization can boost its bottom line by saving money caused by energy waste and inefficiency. You can easily control things like temperature and power consumption based on use and occupancy. Smart safety and security features can also reduce liability. Predictive maintenance improves productivity because equipment can be repaired or replaced before it malfunctions and disrupts work.
  • The environment: Commercial buildings account for 30 to 40 percent of energy use, so smarter energy consumption now can have a big impact on sustainability. Smart technologies can make buildings “greener” and improve the environment at large as well as the environment for occupants. In addition to improving energy efficiency, sensors can also monitor air quality within the building and more.

Aside from these direct benefits, smart building technologies can help managers and executives in your organization make better decisions. Being informed about use, employee preferences, and the like can help you make adjustments to their environment and recommend best practices. 

What’s Next

Check back with future blog posts to read about more tech trends, including hybrid work and collaboration, virtual workspaces, and more. In the meantime, read more about improving control systems in your meeting rooms.

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