Written by Jemima Herman, IoT Partner Marketing Manager, Microsoft Asia Region
In 2015, the Asia-Pacific region surpassed the Americas region in market revenues for Internet of Things in Buildings (BIoT) and is currently poised to continue this trend through 2022. BIoT, or smart business technology, can be used by a variety of industries, helping consumers reduce their carbon footprint and save money on costs they may not even be aware they are incurring. Discover how even small IoT additions can have a big impact on business.
Learn more about how IoT smart building solutions could help your business by tuning in to the Microsoft IoT in Action webinar: Using IoT & AI to Create Smart, Sustainable Buildings with S3 Innovate.
Smart building technology has a wide range of applications
Smart building technology covers applications such as the air conditioning system, CCTV security cameras, elevators, and lighting. At the basic level, these smart devices can be used to collect information, which can provide customers with valuable insights about their building and operations, whether it’s catching mechanical problems early or finding inefficient energy usage that could be changed. Smart devices can also be used to manage systems autonomously, like turning off lights at the end of the day or adjusting air flow based on the season.
There are many advantages that can come from implementing IoT smart building solutions, including increasing efficiency, decreasing environmental impact, and saving money.
Increase efficiency with IoT tracking
When it comes to efficiency, something like a broken air conditioning system can mean trouble. Not only will it take additional time and resources to fix, but it can leave employees uncomfortable—decreasing productivity. Catching problems quickly can mean avoiding bigger and more impactful problems in the future. When Microsoft implemented BIoT in their Redmond campus, though, they found that 48% of faults were caught and corrected within 60 seconds.
Smart buildings can also help businesses determine ways to help their employees become more efficient too, like helping employees keep track of open office spaces, tracking travel to help reduce meeting commutes, and adjusting the building to ideal temperatures throughout the day. In fact, the Redmond campus reports saving $520k in employee time per year.
Help business operations become more sustainable
Many businesses unintentionally waste energy, usually because systems are not optimized and small mistakes can go unnoticed. The Microsoft Redmond campus, for example, discovered that exhaust fans left running in a single garage ended up costing the company an additional $66,000 a year in wasted energy. With more countries opting for stricter environmental laws, it’s important for businesses to consider ways to cut back on their carbon footprint—and smart building technology is one solution.
Smart sensors offer a thorough view of building operations and provide vital insights into how energy is being used. Businesses can learn what devices are using energy, how much, and for how long. But IoT technology can provide more than just information, it can also help business owners manage the devices, like automating lights, adjusting thermostats based on time of day, or reducing energy provided to rooms not in use.
Save money in the long run with smart building applications
Many business owners might be put off by the cost of implementing IoT smart building solutions, but the end results can pay dividends. For example, with the Microsoft campus in Redmond, the company saw a return on investment in just two years, saving roughly $2 million in energy savings alone.
Smart building technology can help provide businesses with the tools to quickly and easily locate resource drains, productivity decreases, and overall emergencies. Whether it’s being able to solve equipment problems with the click of a button, rather than in person, or implementing devices to make changes on their own, IoT solutions can save businesses time and money with their overall operations. It frees up resources for businesses to actually focus on work, rather than building upkeep.
S3 Innovate takes advantage of Microsoft technology to provide quality service
Microsoft partner, S3 Innovate, is one company helping to advance the field of smart cities. Based in Singapore, S3 Innovate works to help cities become smarter and greener. One of their products, the S3 Building Insights platform, is developed with Microsoft Azure IoT Edge and Azure Sphere and provides actionable insights to building owners.
Maintaining a facility brings various challenges, from ensuring assets run smoothly to securing the premises for tenants. S3 Building Insights platform provides four modules to manage those challenges. Through IoT technologies and AI, these modules can track energy usage, alert tenants and employees in the case of an emergency, and collect maintenance requests in one centralized location for easier access. Managers gain valuable insights into how their buildings operate, optimize the assets performance and enhance occupants experience.
Learn how Microsoft and S3 Innovate can help you adopt smart building technology
Discover ways to integrate smart building technology into your business. Listen as Microsoft industry experts, Guillaume Estegassy, Worldwide Lead for Smart Places & Smart Buildings, and Sally Chin, Principal Solution Specialist, are joined by Nicholas Soon, Chief Strategy Officer of S3 Innovate, to discuss how smart business technology is being used during the upcoming webinar: Using IoT & AI to Create Smart, Sustainable Buildings with S3 Innovate on May 20, 2020.
Gain insights on how IoT solutions can benefit other industry use cases by browsing the IoT in Action webinar series.