When it comes to running a business, there are costs which simply can't be avoided. Property, staff, benefits, materials, and technology, to name a few.
Pair that with inefficient operations, and profitability becomes an insurmountable feat.
The result? An unsatisfied workforce producing poor results, with less room for investment and innovation.
We're already seeing some of the world's most lucrative brands migrating to intelligent properties, or in many cases, marking their territory across a pool of connected spaces. Each building connected to the next via consistent, smart software which empowers workers to move and work freely within any given location. Facility managers have access to real time smart data, insights and integration which allows them to create a more comfortable, intuitive and efficient workspace.
The optimised efficiency that results from a granular level of visibility is being harnessed by business owners across the globe. In this post, we discuss some of the main advantages of operating withing a smart property.
The Internet of Things paired with a building management system (often known as an intelligent building management system, or IBMS), allows landlords and asset managers to unite disparate systems. This improves visibility of the building's functions, performance and maintenance making it easier to intervene when issues arise. Intelligent monitoring and automatic tracking can alert building managers before faults occur, reducing the need for costly ‘last minute’ intervention, and parts can be replaced rather than entire machines. This eliminates the costs associated with expensive engineer call-outs and minimises the disruption to tenants.
As a result, downtime is significantly reduced. While the downtime resulting from machine failure is less of likelihood, you also enable workers to log on remotely for example, on the train, en route to meetings or appointments, and work from home if they need to. Productivity is no longer hampered by technological faults or restrictions.
According the research by the U.S. General Services Administration, offices tend to only use 30-50% of their space at any given time (during the working week). But with the addition of sensor technology, buildings become aware of unoccupied zones, adjusting HVAC to suit. These can also be regulated throughout the day before peak times, saving on costly energy surplus. The intelligence comes when these features are customised to suit each individual occupant through machines learning, managed by connected apps and wearable devices.
Buildings can house more workers by taking advantage of smart working solutions. For example, Deloitte, residing in The Edge, Amsterdam make significant costs savings by having 2,500 workers and only 1,000 desks. In doing so, they immediately reduce the costs required for office space, desks, and computers. BYOD initiatives, co-working spaces and hot-desking equally contribute to these saving opportunities, while facilitating connectivity and collaboration.
Intelligent building systems are not a 'one size fits all' solutions. The beauty is in the customisation and personlisation. Assets can be directly influenced by the needs of the customer, occupant and landlord to enhance consistency across platforms that might operate in more than one office, as far as globally.
Whilst the initial outlay may be daunting, the ongoing improvements to everyday operations and continual savings will surely contribute to an inevitable peak in profit.
There's no denying that our future is a connected one. Seamlessly improving the way we live, work, communicate and interact. If this concept is new to you, or you'd like to find out more about how intelligent software can improve the running of your business, download our free ebook to find out how desktop virtualisation is changing the way we collaborate.
Written by Chris Coupe
Chris is a director at RunTech. Having spent six years in business development and management, he plays an invaluable role in seeking out new opportunities and driving the company forward.