While it's not only the responsibility of someone like a building manager or a real estate investor to optimize resources in order to reduce the building operating costs and improving related efficiencies.
A diligent business owner always gives key importance in utilising the available resources more efficiently. Although there are numerous ways to reduce the amount of money spent on utilities and maintenance costs, implementing the latest wireless technologies such as the Internet of Things (IoT) is the most effective way of doing it.
When automation combined with human efficacy one could easily improve processes related to energy efficiency, temperature control, security, and even sanitation can improve operations in ways that bring a significant impact on the bottom line.
Although we use many Self-powered IoT devices in our daily life having them together under one roof is what makes it possible to create a “Smart Building” which is a structural building with various functions and automated devices based on the user requirements thus eventually building a space which has no wires, batteries independent, having retrofit fittings and also not possessing any limits with regards to utilization of these devices.
By using such devices and equipment one can perform functions easily and efficiently that would have taken human energy and efforts to achieve the desired processes and also these tasks can be scheduled in advance, adjusted or rescheduled remotely, and monitored through related technologies.
But one could argue that implementing such wireless technologies and self-powered IOT deviceswill increase the cost associated with building these spaces, but with the ever-dropping costs of IoT sensors, now make smart building upgrades an easy decision to make for anyone hoping to invest in business efficiency.
Here are some of those methodologies that are being implemented to improve the everyday functions effectively and efficiently :
IoT for HVAC & Lighting :
Using IoT integrated HVAC and Lighting systems will significantly reduce the amount of electricity used and that would eventually decrease the electricity bills. HVAC and lighting make up 59% of commercial energy use. In a study conducted by Texas Instruments, advanced HVAC and lighting IoT solutions were found to cut energy use by 40% - and that’s just the savings from sensor control and upgraded systems of lighting solutions from fluorescent to LED will increase the savings to greater extents.
Air Quality :
While increasing the air quality in these smart spaces will not only create productivity for the building occupants but also bring happiness to them. These Air quality measuring IoT devices are much more effective and fast to recognize the anomalies in the air quality when compared to humans in situations like carbon monoxide and other volatile carbon emission detection. When a sensor can detect these threats out and fix them before a property or its occupants are at risk it would save both lives and money.
Physical Security :
As Tech Target notes that the market for smart building will be increased dramatically over the next decade, enterprises, in particular, are implementing IoT solutions to manage office security. Security systems such as security cameras, movement detectors, digital identification devices, and access management stations will significantly improve the safety and security of these smart spaces.
Optimizing the resources utilized in sanitation by connecting sanitation devices with these IoT devices and sensors will eventually help the users to reduce the amount of money that is being paid and also keep a check on their usage. Imagine the ability to control water flow, paper consumption, airflow for hand drying, and aroma or cleaning chemical sprays on a timer that can be controlled by a single source and also restricting the entry to specific facilities while they are under maintenance, controlling the temperature and lighting of these spaces, All these methods will reduce the costs and improve the bottom line.
With improved wireless technologies and affordability of automated devices, the cost savings on operational expenses can be achieved and the productivity and efficiency with these evolving wireless technologies will create a formidable impact on the financial and interpersonal sides of your business.
Tasks that consume more time and energy can be efficiently performed by introducing these energy-saving devices which would eventually increase the cost savings on new projects.
If you want to transform your organizational spaces or real estate into smarter ones contact one of our qualified representatives to explore your options and begin the process. As pioneers driving the field of IoT to new heights, we’d be happy to assist you in driving your business forward and your expenses back.