Smart Buildings offer an exciting array of win-win (and-win!) opportunities. Just imagine a typical multi-story rental property or mix-use office and commercial building full of tenants providing seemingly unlimited types of data. Yet, until recently, most commercial real estate owners and managers have only had access to specific solutions centered around proprietary Building Management Systems (BMS). Historically these systems have centered on management of the “hard” assets in a building – things like HVAC, Lighting, and Security.
Energy efficiency is indeed a huge priority with negative societal and operational cost impacts. However, there is a wide range of other factors building managers must assess on a monthly basis. For example, for every dollar spent on energy, 10 times that amount is spent on space leasing a 100 times that dollar is spent on staffing costs. More efficient use of space and increasing employee productivity, even by a fraction of a percent, will have a much bigger impact on reducing a company’s environmental footprint and increasing its profitability.
Facility managers are open and eager for new, cost-effective ways to go about their routines. Trying to reduce unnecessary tenant heating and cooling, responding to damage caused by water leaks, controlling humidity and noise, improving security, and establishing predictive cleaning routines. Even individual tenants are seeking to minimize the costs of leased space and environmental waste by understanding if their space is being used to maximum efficiency. In addition, they are seeking to increase employee productivity by implementing systems that allow for room booking, desk booking and that monitor indoor air quality and lighting.
So, imagine a modern property with hundreds of low-cost, network-connected sensors dispersed throughout the building continuously collecting data to be sent through a gateway to a cloud-based server where third-party applications present real-time metrics and alerts to owners’ phones or computers whether they’re on or offsite. A practical and ready-to-implement network system of devices that are low-powered with long-battery life and cover a wide, multi-floor vicinity.
How LoRaWAN® technology empowers the Smart Building industry
LoRaWAN has already become the de facto wireless protocol for smart buildings by providing low power, long range connectivity within large-scale commercial implementations. LoRaWAN allows building managers, owners, tenants and service providers to view building functions remotely and ensure all the things within the building work in harmony.
LoRaWAN is based on an open standard which not only simplifies global deployment, but gives builders piece of mind by ensuring interoperability with existing infrastructure and applications. And, an interconnected ecosystem can work for a brand new building or an older structure under renovation. In addition, the type of network is flexible. Depending on the needs, a property can be connected via private or public networks, network-as-a-service or a hybrid version.
If all that were not enough to interest a building owner, facility manager, designer, insurance provider, utility provider, appliance manufacturers, and tenant to adopt LoRaWAN, then just imagine the new opportunities created by such an array of rich real-time data, such as new solutions or advice marketed to modify certain behaviors to reduce utility bills or space needs. On the other hand, they can provide investment advice and industry insights to service providers or the city. LoRaWAN is a game changing opportunity for the commercial real estate sector.
LoRaWAN-based solutions secure properties by detecting intruders, providing safety and disaster response measures, keeping track of facility equipment location, restricting access to private areas, etc.
Sensors can dramatically reduce maintenance costs by using ‘predictive analytics’ and ‘on demand’ services. Water can be monitored and detected to identify water leaks before costly damages occur. Elevator motors and equipment can be monitored to detect early signs of potential failure.
Pest Trap Monitoring
Commercial traps must be manually inspected. By implementing an IoT solution, only those traps that register activity can be inspected, reducing cost and time commitments.
Real-time occupancy, geolocation and foot traffic data can be used to identify spatial usage patterns, allowing space efficiency optimization and reconfiguring offices and retail location layout.