If you are thinking about making an investment into smart technology for a property, then we suggest calling C&C Technology Group for advice on how we can help. Research estimates that in the next couple years, the smart building market is expected to reach several billion dollars. There are many countries across the globe, including the U.S., that plan to raise their investments in smart building technology as it relates to energy efficiency.
When consulting with us, our clients often have questions related to how smart technology helps save money, make occupants happier, and gives your property that competitive advantage. Here we have aimed to answer those inquiries:
How does investing in new smart technology actually save me money?
Maintaining building operation costs so they don’t soar through the roof is a common challenge for a building manager. Spending money on implementing new technology may seem backwards, but in fact, it can save you greatly in cost savings in the long-term. By investing now, you will see the savings overtime. Smart technology helps reduce cost because it offers the following:
- The ability to pinpoint focus areas and make corrections. Inefficient lighting and power-draining machinery or equipment can be addressed if you review the real-time data collection. With smart technology, you can identify problem areas and make easy changes so that it reduces energy use and costs.
- You can correct things before they break or fault. The data gathered from the smart building technology can assist in predicting when something isn’t going right. This predictive maintenance lets you prevent an expensive disaster and avoid having to shell out more money by hiring a costly technician.
- You can create a smart response strategy. Did you know that the rate for power use isn’t the same throughout the day? Utility companies charge more for certain hours of the day compared to others, and it is usually a time when other people are also in need of it. By knowing how much energy your equipment is using throughout the day, it can help you plan on how to avoid those higher charges. With smart building technology, all you have to do is shift the power demand for your benefit, reducing your overall energy bill.
How do occupants benefit directly from smart building technology?
The benefits of having a smart building are not limited to just saving on costs, but they can also directly extend to the people who live or work in them. Studies show that smart building technology can improve the indoor air quality, and boost occupant mood with comfortable settings. When workers feel content in their workspace they are more likely to be productive.
C&C Technology Group
At C&C Technology Group, we are here to help you with your smart building technology needs. To learn more about how a digital building company can help you, contact one at C&C Technology Group, for help and answers to your questions.