Smart Building? Save Money

Smart technology has amazing potential for structures. Allowing them to be more efficient or boost the productivity of workers, or simply provide a better range of amenities to their inhabitants. Simply put, smart technology has interactive qualities which often grant the user remote control via the internet, allowing appliances to be controlled from elsewhere in the building or even, the world.

Obviously smart technology is very new and it’s only in the last couple of years we have started to see it really come into its own. The systems involved are often fairly expensive in installation costs, especially if trying to retrofit an existing building with smart technology. So the question for developers is, is it more economical to retrofit older structures or to start fresh and build a structure smart from the ground up?

According to the American Council for an Energy Efficient Economy,  smart building technology can save a company up to around 18% on their utility bills. This is not a paltry saving, especially when you consider how much utility bills are likely to be, whether for an individual home or a company. Experts have also suggested that smart technologies could help improve employee’s productivity and morale.

Retrofit your Building. Make it Smarter

Understandably, most companies and organisations cannot afford to simply knock down their existing structures and rebuild them with smart technology ingrained. So, bearing that in mind, perhaps the easiest way for companies to make their older structures smarter is to make use of sensors. Essentially these could be used to monitor the usage (how efficiently the space is made use of etc.) of your buildings through a connection to the Wi-Fi, this can then be monitored from anywhere. For property managers with many buildings to manage, this could create efficiencies.

It is important to note that though older buildings can of course be retrofitted with smart technology systems, they may not work as well as they could. This can lead to frustration and in some cases, where not properly managed, the technology can cause more problems than it solves. Issues such as motorised blinds moving up or down during meetings or lights not reaching correct brightness levels despite being hooked up to sensors are typical of poorly executed retrofit projects.

Older structures were simply not built with these technologies in mind and it’s important to remember this when looking at the use of smart technology. A lesson to learn early, if you are planning to implement smart technology in some of your older structures is to do so on a small scale first. Make sure the technology is effective before you spend serious money.

Build with Smart in Mind

Building with smart technology in mind will often alter the layout of a structure and how the space is eventually utilised. To ensure success it is advisable to ensure that the engineer responsible for implementing smart technology is involved from the outset. Doing so will ensure your new structures take make maximum advantage of innovation in smart technology, ensuring more efficient structures in the years to come.

With smart technology taking over many households, the challenge for many developers is how to successfully incorporate this into new upcoming projects to differentiate themselves from competitors.

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