The Business Case for Smart Building TechnologyGreenTech Efficiency, October 8, 2013
To many property owners and investors, the value of smart building technology remains unclear.
The reality is that such technology, while requiring some capital investment, helps reduce facility operating costs over time. By combining building automation systems with a smart building management system, a commercial property owner can monitor hundreds of properties at once and fine-tune building performance to a degree not possible via human capabilities alone.
The technology to enable this competitive edge is already at hand. The internet and significant price reductions on IT components such as wireless sensors have made smart-building technologies much more affordable, creating a strong business case for owners and investors to invest in smart technologies and building performance.