9 JUNE - 2023PropTechOutlookThis transformation will be integrated into greenfield buildouts and large retrofits in addition to existing buildings. Data analytics, including Fault Detection and Diagnostics (FDD) and Energy Information Management, will be a game-changer during the startup, commissioning, and turnover process to help operators stay within their design intent.Performance Beyond SustainabilityThe construction of intelligent buildings and the use of data analytics have been primarily driven by energy conservation strategies. Today, the use of an increasing number of new algorithms and models have permitted the analysis of building data to also improve business operations. Hospitals are using building data to interpret and improve surgery outcomes, enhancing cost efficiency and productivity, and increasing patient satisfaction.Additionally, manufacturing plants are using smart analytics to adjust workflow and to increase production. Stadiums are building IT infrastructure to track and improve the customer experience. As you can see, Intelligent buildings are becoming even more sophisticated and offering us greater insights into their operation, and our use of them.The construction industry is quickly adjusting to the increased consumer expectations of intelligent buildings. Building owners and designers are recognizing that the demand for easy-to-access and actionable data will continue to influence building optimization and operational performance. Yet challenges remain.A Time of TransitionAs with many construction processes, new product competition breeds a variety of solutions rather than a universal standard, and building owners are often forced to choose from such platforms early in their development for building upgrades or new construction.A brand agnostic solution, or an adaptable system that works well with multiple software options, may prove to add more value and flexibility for the future of intelligent buildings.Challenges common with the BAS also still remain. For existing buildings with a siloed approach to equipment age, sophistication and connectivity, a simple solution can still be elusive for those disparate systems. And as all mechanical building systems offer more ways to gather, track and analyze data, it becomes increasingly important that the data be aggregated and analyzed with a high degree of accuracy to ensure actionable and positive outcomes.The Future of the Building IndustryThe industry is already beginning to implement these best practices to assess the value of this utility, from both a cost perspective and account for the life cycle impacts of intelligent building benefits on facility usage. Planning foresight influences the design of the IT and OT networks to account for future bandwidth requirements. As algorithms and models continue to improve the understanding of facility operations, the positive role data plays in building performance will increase drastically. Anticipating and constructing the infrastructure necessary for the future use of data and for the applications to use it will become commonplace.The construction of a more intelligent building and using aggregated data and data analytics is the future of the building industry. The construction of a more intelligent building and using aggregated data and data analytics is the future of the building industry
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