Smart buildings are expected to save money in more ways than one might think. Yes, they can significantly reduce energy and operating costs, but there are a number of expected not-so-obvious benefits gained from implementing a smart building system. These could give a boost to a building owner’s return on investment while providing occupants with an intelligent work environment.


Some potential advantages of owning or working in a smart building include:


Tenant retentionoie_2812911gpjhmh8j

The better your building is at keeping its tenants comfortable, the more likely they will want to be there. Smart buildings could offer unique perks to employees and in turn help reduce turnover.











oie_28121152p9dc5t5qHigh-speed connection

Your building isn’t connected unless the people inside are. Smart buildings can be outfitted with high-speed internet and voice over internet protocol services. Since businesses increasingly rely on the internet, an increase in speed could mean an increase in production and revenue.










Smart buildings are designed to constantly gather data and monitor themselves for problems in the structure’s facilities. So, for example, if an elevator breaks down, the building could find the problem, self-diagnose and communicate with the appropriate organization to get it fixed. Smart buildings can also monitor system performance to increase energy savings. Overseeing these processes could decrease complaints about inefficient or failed facilities; reducing time spent addressing potential problems.








Closeup of hand pressing button on digital thermostat

Closeup of hand pressing button on digital thermostat

Comfort factor

Smart buildings are set to adapt to the way people live. They have control of heating, ventilation, air conditioning and lighting, learning the schedules of those who operate these systems in order to optimize comfort.












Increased safety and securityoie_281213251kigeklp

It is becoming increasingly important for people to feel safe at the workplace, and smart buildings can help in those efforts. Take, for example, a situation in which a fire alarm goes off. A smart building can detect smoke, tell occupants to evacuate the building, contact the correct authorities and prepare the structure for minimizing the spread of risk. Security also is an important issue, and the deployment of cameras and the ability to stream footage from a surveillance camera to a laptop can increase safety and provide peace of mind to tenants.









Big data, big reward

Data can help enterprises make sound decisions, and owning a smart building means being updated with the latest data on operational costs. This data is sent to a network operation center where appropriate changes can be made.










Brains turn a building into a green buildingoie_28122945b1ox1ozb

With decreased energy usage comes a favorable impact on the environment. Intelligent efficiency measures if applied to 35% of the eligible commercial floor area in buildings with 50,000 or more square feet could save upwards of 50 terawatt hours by 2030, assuming a conservative savings estimate of 20%. The ability to adjust power consumption to be used only when needed as well as the potential for the installation of reusable energy decreases the need to burn fossil fuels.









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