Smart Buildings

Understanding the True Benefits of Smart Building Retrofits

Rising electricity prices, climate change and a sagging economy continue to drive public and private institutions to focus on energy efficiency in the built environment. Today, buildings consume around 40% of generated energy, which makes investing in energy efficiency critical in efforts to reduce our unsustainable demand for energy. Let's remember that building doesn’t have to be new to be efficient. Today’s leading building owners are converting existing buildings into models of sustainability. For many building owners, however, capital costs create the primary barrier to investing in a retrofit, and many building owners, real estate developers and commercial businesses alike, are still not fully aware of the potential savings such a retrofit could bring. Retrofitting technology could save up to 60% of a building's energy consumption and this would translate into direct savings in energy expenditure. However, energy technology alone is only part of the answer. There are also other barriers to retrofitting such as […]

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Most Popular Articles

Smart Cities

A New Dawn for Solar Power in the Smart Buildings Sector?

There are over 8 billion square meters of rooftops on which solar panels could be installed in the US alone. This represents over 1 terawatt of potential solar capacity, which is roughly equivalent to all the installed solar power on earth today, or 6% of global energy consumption. Furthermore, recent advances in solar panel efficiency and usability […]

Security

SPACS: The 800-pound Gorilla in the PropTech Room

In the same week in July, two more special purpose acquisition company (SPAC) mergers in the smart building security space wrestled with this alternative IPO approach. First, Crown Proptech Acquisitions failed in their attempted merger with access control firm Brivo after the deadline passed before they were able to raise the funds required. Then, 5 […]

Smart Buildings

Incorporating BIM Data into IWMS & BIoT Platforms for Building Operations & Maintenance

This Research Note highlights the trends in Building Information Modelling (BIM) in the building operations and maintenance sector and reviews the activities of the major players across the Integrated Workplace Management Systems (IWMS), Building Management Systems (BMS) and Building Internet-of-Things (BIoT) sub-sectors. Building Information Modelling (BIM) has established itself as a key software in the […]

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