Today’s Building Conversations
Commercial Real Estate operators and building owners are adapting to the dynamics of building automation technology, behavioral changes and new connected data requirements that are driving engineering design, creating smart buildings and ultimately erecting smart cities.
Digital transformation combined with the rate of innovation and advancement of HVAC system controls and energy management systems has reshaped the business of how we manage, operate and optimize our buildings and facilities in an IoT environment. Technology and behavioral changes have also caused an expanded conversation, engaging not just the facility side—C-Suite, IT and HR personnel—but even in some cases, the building occupants themselves.
The building management market has never harnessed as much smart technology as there is prevalent today. We have moved beyond the stage of convergence framed around siloed control systems to one of open, collaborative and a compatible ecosystem.
We are in an age of IoT, flat infrastructures, data, analytic insight, edge command and control, occupant satisfaction, smart connected spaces, operational risk mitigation and cyber security. It is about control, optimization, outcomes and creating as much value as possible from the wealth of real-time data within the equipment and control systems.
We are now in the era of more comprehensive business insights delivering bottom line benefits and improvements in operational efficiency, cost reduction, productivity, and wellness and occupant experiences.
As building automation technology has advanced and behaviors have changed, our dialogue and conversations around buildings have also evolved. They are being driven by digital transformation, changes in value propositions and business outcomes and their roles in creating healthy, safe and productive environments.
“Smart buildings are powerful source and strategic competitive advantage. Smart building technologies and their outcomes contribute to the market valuation of a building/facility and bring in a larger return over the life of the investment.”
A few years ago, the dialogue focused around energy management systems, efficiency and lower operating costs.
So, what about now? What is the dialogue and what are the conversations that are making their presence felt within our buildings and workplace discussions?
The following is a then and now look at how the dialogue has changed. While I am sure additional items can be added, this is meant to be a start to show how the conversation has changed.
Leveraging smart technology and behavioral change within the built environment are the driving forces behind innovation and the shift away from traditional practices. They are having a profound effect on expectations and how we manage and improve operations within our facilities.
As the journey has evolved, so has the speak. Today’s conversation is no longer about the potential, but rather about economics, asset performance, business outcomes, asset value and gaining strategic and competitive advantages.
The business of smart applications and connected commercial buildings and facilities has moved from the fear of the unknown into an era of empowerment. The challenge is not technology. It’s here. Rather, are we prepared, willing and ready to take advantage of it?
This Week’s Sponsor
Embracing open software and hardware platforms, Lynxspring develops, manufactures and distributes edge-to-enterprise solutions and IoT technology to create intelligent buildings, better energy management systems, equipment control and specialty machine-to-machine and IoT applications. Lynxspring technologies and solutions simplify connectivity, integration, interoperability, data access and normalization and analytics from the edge to the enterprise. The company’s solutions are deployed in millions of square feet of commercial settings in the United States and internationally. More information about Lynxspring is available at www.lynxspring.com,
Join a unique gathering of Corporate Real Estate and Facilities professionals at CoRE Tech 2019, held Nov. 13-15 at the San Jose Convention Center. For the 10th year, CoRE Tech focuses on groundbreaking automation and technology strategies to help organizations achieve Real Estate business goals. This year's theme, REcalibrate | Using Innovation to Turn Challenges into Opportunities, focuses on why entire organizations need to fully understand the next chapter of the digital revolution—a chapter impacting individual roles and entire companies.
As you REcalibrate, CoRE Tech attendees gain access to:
- Global Industry Experts
- Leading-Edge Learning Programs
- Executive Briefings and Tours in Silicon Valley
- Innovation Showcase of Ground-Breaking Tech Solutions
VIEW FULL ADVISORY COUNCIL
UPCOMING REALCOMM WEBINARS
CORPORATE REAL ESTATE & Technology – The Importance of Developing a STRATEGY - 10/24/2019
The Corporate Real Estate industry has quickly gone from constantly resizing the corporate real estate portfolio based on the everchanging business needs of the corporation, to having to understand and deal with a myriad of issues relating to technology, automation and innovation. Not only do CRE professionals need to understand things such as IWMS, intelligent buildings, the smart workplace, AI, VR/AR and other emerging technologies, they also need to understand the fundamental shift on how we use space. Technology which is enabling mobility has shifted the landscape. This webinar will feature some of the most innovative professionals discussing the importance of developing a comprehensive Corporate Real Estate portfolio strategy around the concept of Digital Transformation.
Founder of Realcomm Conference Group, an education organization that produces Realcomm, IBcon and CoRE Tech, the world's leading conferences on technology, automated business solutions, intelligent buildings and energy efficiency for the commercial and corporate real estate industry. As CEO, Jim interacts with some of the largest companies globally pertaining to some of the most advanced and progressive next generation real estate projects under development.
Chuck Niswonger has over 30 years of successful leadership experience in technology-related roles that range from operating his own consulting company (www.nicenets.com) to directing the IT strategy of a real estate investment management firm to manufacturing and technology-enabled education. Chuck has also been the chair of the Realcomm Investment Management (IM) Advisory Council for the last ten years, managing content selection for the conference educational sessions, IM forums, workshops and webinars.
Emmanuel Daniel is responsible for building and delivering the Digital Transformation strategy for campuses across Microsoft and leads a global multidisciplinary team of architects and experience designers. He builds experiences that merge technology with the built environment, leading to the formation of spaces that respond to the needs of its users. He is also accountable for identifying, building and implementing the next generation of products that will make smarter and sustainable buildings.
Paul Maximuk is the Product Owner as well as a technical SME at Ford Land, leading all BMS and controls integrations globally. He has over 30 years of experience in the industry managing multiple types of energy systems and specializing in strategic smart building implementation and management. Paul’s expertise in the built environment spans real estate assets from large industrial facilities to Class A office buildings.
Ronna Davis has been in the networking and telecommunication industry for 23 years. She has been with CommScope for over 13 years and has held positions in sales, channel and product line management. She is currently on CommScope’s Strategy and Technology Team for Buildings and Campuses. Previous to CommScope she worked in the design and construction of telecommunications networks for eight years and in wholesale distribution for two years. She studied marketing and is a LEED Green Associate.
Ron Victor is a Silicon Valley based technology entrepreneur with 20 years of experience and expertise launching new ventures at start-ups and fortune 1000 technology companies. To-date he has enabled raising more than $30Million in start-up capital for multiple start-ups in silicon-valley. Ron has founded and led three companies to-date with successful exits. His latest venture is IoTium Inc. – a Silicon Valley start-up that provides a secure, cloud-managed, easy-to-deploy software defined network infrastructure for all IoT verticals.
Marc is a pioneer in leading the Intelligent/Smart Buildings and M2M movements pushing the industry forward and has contributed to transforming and changing the Intelligent Buildings and M2M (now IoT) industries. As Chief Marketing and Communications Officer for Lynxspring Marc leads corporate and product marketing, strategy, brand management, public relations and communications that support the company’s strategic and growth initiatives.
Brent Boekestein is the CEO of Vintra, Inc., a leading video analytics company from Silicon Valley that uses artificial intelligence to transform any video surveillance into actionable and tailored intelligence. Forward-thinking enterprises and public safety organizations like Sacramento City, NYC DOI, Sacramento County, and more use Vintra’s solutions to organize, analyze, and derive critical insights from overwhelming amounts of stored and live video.