2015 Smart Building Wrap-Up
In 2015 the smart buildings solution space paradoxically generated more excitement, more progress, and yet more confusion.
The industry has clearly acknowledged the role of Information Technology (IT) in both existing and future development/management models, and we all know that our building controls run on IT. Hence, we have to manage both risk and opportunities inherent, most notably:
- Rising cost structure
- Skills gaps
- Increasing occupant demands
- Cyber security
- Organizational misalignment
With a commercial office marketplace of 12 billion square feet in the U.S. alone and a BOMA estimated $8.45 per square foot of operating costs, the opportunity for smart strategy and solutions is enormous.
Let’s take a look back at several of the themes of 2015:
- Big data analytics continued their march:
The adoption of analytics picked up pace and many real estate organizations are not debating if but when. Analytics are already prominent in other industry segments such as healthcare, manufacturing, financial services, retail and even pro sports , and real estate is not immune to the cost-value ratio that big data can bring.
- IoT in real estate or BIoT (Building IoT): Even though BIoT has become a phenomenon, this is not just about the distant IoT future. Many IBCon case studies and breakout sessions have illustrated portfolios that are gathering and analyzing billions of data points generated by run of the mill controls systems, not including additional added sensors. Most estimates show that by 2020, 40 percent of all data will come from sensors. In order to make an IoT environment most beneficial, the aforementioned analytics will have to leverage more automated methods to analyze volumes of data; and find new ways to apply relevant rules without manually selecting them, and then use ML (Machine Learning) to further accelerate the benefits.
- Back office and front of house integration: We have seen APIs, partnerships and even M&A that indicates the back office systems such as IWMS (Integrated Work Space Management), EAM (Enterprise Asset Management) and CMMS (Computerized Maintenance Management System) are ready for energy, analytics and controls data to help drive work orders automatically, support capital planning and manage staffing levels more efficiently. We can expect this to continue in the spirit of big data, integration, interoperability and analytics. This pushes the industry more towards “data driven decision making” in both manual and automated ways.
- Cyber Security: The 2015 IBcon conference in San Antonio showed us the rising intensity of cyber security, with standing room only sessions and hallway buzz spurred by the presence of numerous federal agency speakers. Testimony by leading developers and managers on this crucial topic was revelatory. Ironically, the cyber issue is not caused by smart buildings, but helped by them. Without smart buildings, there are millions of Internet-connected systems with little or no cyber security provisions, and nearly all are managed by disparate contractors, not the building owners or managers. With the increased attention cyber security has generated, we can anticipate this will only grow in importance, and 2016 will see many more case studies, solutions and organizational action. The first step should be a representative inventory of buildings to determine their “score” or the extent of possible exposure.
- Organizational Alignment: This was also an issue when we were just talking about controls systems’ convergence on a common IT network, and how to buy licenses for lighting control or other point solutions. But now the advent of cloud, analytics, software driven controls, back office integration and cyber issues has introduced a new criticality for our internal decision making, budgeting and turf wars. This is part of strategy and change management and must continue to be addressed.
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UPCOMING REALCOMM WEBINARS
The Cloud, IoT, Sensors and More – The NEXT EVOLUTION of Smart Connected Buildings - 4/4/2019
The concept of smart buildings has been around for decades. What’s different now are the multiple generations of technology we have seen throughout the years. At first ‘building automation’ was proprietary and single-source, next came ’connected’ buildings which introduced us to the internet. Today, next-level thinking includes an expanded use of the cloud, the inclusion of non-traditional smart edge devices found within the Internet of Things (IoT), sensors, as well as integration into ERP’s other single purpose solutions and multiple telecommunication platforms. While the benefits of a smart connected building are great, the path to success is elusive. This webinar will feature the industries’ most accomplished smart building experts.
Tom Shircliff is a co-founder and principal of Intelligent Buildings, a nationally recognized smart real estate professional services company that was started in 2004. Intelligent Buildings provides planning and implementation of next generation strategy for new buildings, existing portfolios and urban communities. Tom is a speaker and collaborator with numerous universities and national laboratories, a gubernatorial appointee for energy strategy and policy and founding Chairman of Envision Charlotte, a Clinton Global Initiative.
Paul Maximuk is Energy Manager for Ford Land Energy where he is currently is providing project and program technical guidance to implement global metering of electric, natural gas, steam, water and compressed air systems. He is an Energy Engineer with over 30 years of experience in the HVAC/BMS field. He is an SME specializing in building management and energy reduction. Paul has focused his efforts in large industrial facilities but also has equal expertise in Class A buildings. Additionally he is a problem solver finding the root cause of why mechanical systems do not operate at their peak efficiency.
Gordon Echlin is Vice President Marketing and Business Development for Triacta Power Solutions LP, where he has been a management team member since 2009. Prior to Triacta, Gordon was a partner for a boutique venture capital firm, Venture Coaches from 2006 to 2009, and started a telematics company, Netistix Technologies, in 2002.
Rick has more than ten years of experience in technology and intelligent building engineering. Prior to cohesionIB, Rick served as the Senior Practice Leader at Environmental Systems Design in the Intelligent Building group. He led the technical design of global intelligent building and smart city projects in cities around the globe. He is passionate about designing digital solutions for the built environment that improve the experiences people have and foster the culture around them.