Implementing Smart Building Technology

Implementing Smart Building Technology

Smart buildings and smart building technology are not exactly a new concept. Architects and developers have been installing separate systems to control lighting, heating and ventilation (HVAC) for decades. Later systems have helped building managers control access to different areas of a site, mitigate fire risk and protect against power surges.

New Smart Building Technology

What’s new is the addition of web-based platforms that allow these verticals to integrate seamlessly with each other. They can deliver a single view of how efficiently and effectively a building operates. Armed with this data, managers can take proactive steps to avoid waste and improve use, resulting in reduced emissions and potential cost savings.

And this new functionality is becoming increasingly essential. Urban space is at a premium as cities become more densely populated, and a growing population demands more dynamic management of every building’s space to accommodate a more fluid workforce and more careful stewardship of our energy and water resources.

Buildings also consume more than 30 percent of the world’s energy and contribute almost 40 percent of global carbon emissions. In an effort to tackle these challenges, national governments across the world are imposing tighter restrictions on building use, energy consumption and emissions. Shifting to more energy-efficient buildings is now regarded as central to carbon reduction strategies.

Smart Building Technology Good News:

Now for some good news: creating a smart energy management solution for smart buildings and building smart doesn’t have to be a challenge to profitability. In fact, smart technology creates significant opportunity to increase return on investment and meet tough environmental targets. Smart buildings also speed the adoption of green technology such as electric vehicles and solar power with clever integration. And for the far-sighted, technology may even change the role that buildings play in your portfolio.

Read the full post from ABB and download the White Paper that covers the challenges that real estate developers and owners face, and how smart building technology can meet them

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About the Author

This article was written by Oliver Iltisberger. He is Managing Director for ABB’s Smart Buildings business line. He was appointed to this role in July 2018. In this position he has full accountability for the performance of the Smart Buildings business line in ABB, which includes a broad portfolio of market leading home and building automation solutions. Previously, as Executive Vice President and member of the Executive Committee, Oliver led the Asia Pacific and then the Europe, Middle East, Africa (EMEA) region of Landis+Gyr, a publicly listed global leader for smart metering and smart grid solutions.