5 Reasons Smart Building Controls Make Good Business ...

5 Reasons Smart Building Controls Make Good Business Sense

With the climate catastrophe lingering over all of us, we all want to do what’s right for our planet. Unfortunately, what makes good environmental sense has not always been within the financial reach of many people and even companies.

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Fortunately, with new technology becoming more accessible every day, this is changing. One of the most exciting advancements in recent decades has been the emergence of smart buildings. These intelligent or automated buildings refer to structures where various internal systems are managed by a centralized automated system.

Commonly automated building systems can include HVAC, security, electrical systems, lighting, plumbing, fire alarms, water supply, elevators, and more.

At BrainBox AI, we provide smart HVAC solutions that integrate seamlessly with any building system, which gives us valuable insight into the benefits of smart buildings. While we are committed to reducing energy consumption, we also recognize the strong business advantages they bring. Here are five reasons to consider:

Reason 1: Cost Reduction

The most apparent advantage is the financial aspect. While implementing smart technology in your operations requires some initial investment, the long-term savings on operational costs far outweigh the upfront expenses.

A substantial portion of these savings will arise from improved energy efficiency. By utilizing smart technology to manage energy consumption, companies can prevent significant waste. It's noteworthy that conventional commercial buildings waste as much as 30% of their energy consumption.

Additionally, the analytics tools provided with smart technologies allow businesses to understand their spending patterns thoroughly. Anyone operating in a business environment understands the impact of data-driven decisions. Smart building controls provide an overview of operations, empowering you to adjust spending or identify investment opportunities.

Reason 2: Comfortable Occupants and Visitors

Attracting and retaining talent has become increasingly challenging in today's competitive market. While competitive salaries, remote work options, and generous vacation policies are essential, ensuring a comfortable workplace is equally vital.

Smart building technology greatly enhances the comfort of the indoor environment. Some effective features include:

• Automated lighting systems
• Heating and cooling adjustments based on occupancy and weather conditions
• Intuitive meeting room booking systems
• Auto-tinting windows
• High-quality filtered air
• Smart coffee machines offering personalized beverage recommendations

The above list is just a sample, and its importance cannot be overstated. A recent study conducted by Dell revealed that 82% of Millennials consider workplace technology when selecting an employer.

Furthermore, providing a comfortable atmosphere extends beyond employees; it positively influences visitors, creating a favorable impression and encouraging return visits.

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Reason 3: Industry Recognition

Today's businesses face increasing scrutiny over environmentally harmful practices, and negative public feedback can severely impact reputation. Conversely, companies demonstrating eco-friendliness often receive positive coverage.

Besides fostering a positive public image, implementing sustainable practices is also the ethical choice. There is a growing public demand for companies to operate responsibly.

Reason 4: Save on Maintenance

As anyone in building management knows, maintenance costs can be a significant concern. Many building system faults may go unnoticed, and infrequent maintenance can lead to costly surprises down the line.

Smart technology is transforming how we approach building maintenance. Real-time system monitoring enables early detection of potential issues, helping to prioritize repairs, thereby saving on unnecessary or non-urgent expenditures.

Reason 5: Leasing and Buying Decisions

This final point may go unnoticed but is critically important in today’s real estate landscape.

Real estate procurement and maintenance represent significant expenses for organizations. Smart technology installation can reduce these costs in two primary ways.

Firstly, buildings equipped with smart technology are increasingly attractive to future buyers, and their desirability will only grow as the advantages of such systems become better understood.

Secondly, the data collected from smart systems provides insights into whether businesses are leasing the appropriate space for their needs, allowing for informed decisions about downsizing or expanding.

If you’re considering a smart building transition, starting with your HVAC system is an excellent approach. HVAC systems account for over half of the energy used in commercial buildings, and smart technology installation is straightforward. BrainBox AI's solutions can be set up in less than half a day, and your building can be fully mapped out in 6-8 weeks. Reach out today to discover how we can assist you in moving towards smart building technology.

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