Building management is getting easier and more powerful thanks to innovative technology that leverages the Internet of Things (IoT). By connecting devices with software and services, today’s buildings – and the people within – are able to work smarter. For example, more sensors are going into heating, ventilation and air conditioning (HVAC) systems, providing the information to make HVAC thermostats and controls work better and more efficiently to better serve users and drive productivity.
Integrate Systems with Innovation At Every Level
These and other IoT-driven improvements to building automation are part of the benefit of connecting devices with software and using data insights to create smart buildings that unlock value. Integrating systems with Innovation At Every Level requires:
- Understanding the power of building management software (BMS)
- Comprehending what this means for BMS hardware and
- Deploying and connecting applications, analytics and services
The opportunity is huge – potentially more than $6 trillion in building-related economic activity by 2025, according to a McKinsey Global Institute analysis. Some of that activity will be in sensors and other devices in networked lighting, HVAC, and security and access control, as well as power control and monitoring. In addition, combining the information generated in a building with outside weather data for instance will help reduce the 30 percent wasted energy common in commercial buildings.
Read the full article by Tracy L Courtemanche