Intelligent buildings for increased efficiency
How drastically can you cut your building operations costs, including energy costs, with highly intelligent and connected capabilities? Facilities management solutions are designed to help optimize space utilization and minimize energy costs when using an integrated workplace management solution (IWMS). Real-time data and analytics means building owners and facility managers have a better way to manage facilities, improve customer experience and adapt to occupants.
Real estate is often the second largest expense on the income statement for many companies, and in many organizations the real estate portfolio is the third most valuable or costly single asset. Consider these metrics:
- Operation costs account for 71 percent of the total cost of a building’s ownership [PDF].
- Worldwide, buildings consume 42 percent of all electricity—up to 50 percent of which is wasted [PDF].
- Energy costs alone represent about 30 percent of an office building’s total operating costs.
As you can see, implementing Internet of Things (IoT) solutions for connected buildings can be cost-efficient and a competitive advantage for many enterprises. And the great thing about the Internet of Things is that it provides so many entry points. No matter where you are on your journey, what industry you’re in or if you’re a startup or large enterprise, chances are you can quickly start deriving value from Internet of Things…