New technologies have enabled dramatic market shifts to put more “digital smarts” into products as seen with smartphones, autonomous vehicles, 5G wireless, etc. It’s no surprise that buildings are getting ‘smarter’. The global Smart Building Market is expecting a boost by 29.69% CAGR during the forecast period (2018-2023) and quadruples its previous market valuation of USD 7.45 billion in 2017 and attain a worth of USD 33.70 billion by 2023. Using IoT devices, buildings can now be monitored and utilized to its fullest capacity.
The first area that was altered was the HVAC systems by using sensors to determine effectiveness, predictive analysis for service and environmental monitoring. To conserve energy, simple motion detection lights, water leak detection, etc. Heat detection area management can be used for access control. Another example would be smart glass, which is a glass that can change tint and transparency and knows how to respond to the sun and solar heat.
To use building space efficiently and learn how people move inside a building, co-working facilities can monitor which areas are preferred, considering time of day or week. Maybe on Monday everyone wants a cubical, but by Friday they are all hanging out by the cafe. Or do more meeting rooms need to be configured? Museums are using new smart building technologies for wayfinding and security, and beyond that they can tell which way people are facing, which exhibits they look at and for how long. All this data can be used to evaluate visitor flow and effectiveness. Driving marketing, merchandising in the gift shop and how to entice a return visit.
With 5G just around the corner, Smart Buildings will be able to talk to each other and share important information. Making sure we are safe, secure, and comfortable in any building.
Now is the time to Invent the Future!
Ireland’s smartest building is always learning. Johnson Controls’ Global HQ in Cork, Ireland, Ireland's smartest building and one of Europe’s most advanced office spaces. See how it learns from our data-enabled products to continue evolving
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The five senses of an intelligent building. Enabling the Building Internet of Things (BIoT) allows you to analyze your environment, and make real-time adjustments to improve efficiency and productivity. Some building owners and operators can be frustrated with the lack of interoperability and integration between infrastructure management tools and current IT systems
This video gives a short overview of how Internet of Things fits into an overall smart building to meet operational goals and the expected occupant experience