What’s In Store for The Smart Building Industry?

What’s In Store for The Smart Building Industry?

The smart building industry continues to change to meet the new and unique needs of the several different industries it supports.

The behemoth that is the smart building industry is expected to grow at a compound annual growth rate of 29.26% from 2018 to 2023. Commercial buildings and industrial facilities all seek to improve their current infrastructures, or plan their new facilities, by integrating smart building technology. Businesses know they can improve their productivity and performance by taking advantage of their smart facilities’ features. As a whole, the smart building industry is incorporating these major changes to create better solutions for all other sectors they serve.

Big Data Integration

Smart buildings get their name by using smart technology that monitors and regulates critical building systems. Building management and building automation systems continuously gather and analyze data on the HVAC system, access control systems, lighting system, and more. Connecting the various building systems to the Internet of Things takes advantage of all the collected data to predict better courses of action for management and optimization. It seems the next natural step is to expand these capabilities with big data. Integrating big data processing allows computational analysis to manage the colossal amount of data generated from one or more smart buildings each day. As a result, the feedback should provide better insights on improving building procedures, even at an industry-wide scale. 

Energy Efficiency

The smart building industry continues to search for the latest energy-efficient solutions to powering its massive or complex infrastructures. On top of adopting sustainable energy technologies into facilities construction, many smart buildings also rely on sophisticated energy management systems to find areas for improvement in their day-to-day operations. Collecting real-time energy consumption data, for example, lets individual facilities make adjustments to their performance based on data trends and patterns. Furthermore, the smart building industry watches for changes and innovations from the energy industry. Should energy solutions, like microgrids, make their way into cities, new smart buildings will change to make use of these new energy sources.

Personalized Facilities

Ultimately, the smart building industry serves multiple sectors. These other industries are vastly different in service and facility requirements. From data management to healthcare services, to government, to higher education, no two industries or buildings will use the same solution. That is why the smart building industry will place greater emphasis on customization and consultation services in order to create personalized facilities for each different industry’s needs. Understanding an organization’s unique requirements, challenges, and goals is imperative to constructing new facilities — or updating old ones — with the appropriate tools and features for their success.

CONTACT CRITICAL SYSTEMS TODAY!

At Critical Systems, the people come first, from our employees to our customers. We strive to attract and develop the best talent in the business. Our goal is to deliver innovative solutions for the purpose of making every building secure, efficient, and effectively managed. Serving the Washington D.C., Northern Virginia, and Baltimore regions, SEBCSI provides innovative solutions for your commercial building or facility. Visit our website and follow us on Facebook, Twitter, Instagram, and LinkedIn today! If you’re looking for more information or interested in working with us on your next project, please contact us!

This entry was posted on Monday, January 6th, 2020 at 11:30 am. Both comments and pings are currently closed.

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