What Is the Future Scope of Smart Building Using IoT

What Is the Future Scope of Smart Building Using IoT

There is a wide range of IoT applications in facility and property management. Many property managers, tenants, and landlords are actively using IoT at the moment. These people are looking to maximize the use of retail space, healthcare space, residential space, and public spaces.

With IoT, stakeholders can determine how these spaces are being used at the moment and offer tenants with key insights, allowing them to coordinate with landlords to make the most of their dwellings.

Today, the use cases of IoT in smart buildings have expanded far beyond lighting and HVAC. This includes surveillance and security to oversee your resource locations and process materials.

Deployment of AI- and IoT-powered algorithms in a smart building can be a game-changer. It can reduce energy waste, enhance predictive maintenance, boost work efficiency, track activities and build safety and health against environmental changes.

In a modern smart building developed for residential purposes, one can get access to water and efficiency management and air-conditioned management – all of this is automated. It also saves energy based on LED and light points and Wi-Fi and Internet usage across the buildings.

 

Other use cases of the smart building include the following

Intelligent Parking

Intelligent systems are not merely confined to where one resides; it also applies to the surrounding infrastructure. One example includes parking spaces around the buildings, where there is a great deal of potential to make things smart.

Sensors and cameras can detect free parking spots and send this information to commuters, minimizing extra laps and excessive fuel consumption. In an ideal smart building, multiple systems can share this information, allowing workers to get parking spot data from public streets. Similarly, smart buildings can provide reserved parking spaces and online payment methods for regular users (e.g., tenants, employees).

 

Rising Focus On Wellbeing

Many organizations recognize the importance of the comfort and health of their employees. It helps improve workplace satisfaction and productivity. Therefore, considering how a building will work on wellness for its occupants is going to be a key differentiator.

Take the example of Well Building Standard – it is the first building certification to focus exclusively on human health and wellness. It gives ratings to buildings on a number of areas, such as water, air, fitness, and mind. For instance, it can enforce regulations, such as how loud an office can be or whether on-site childcare is supported.

 

Final Thoughts

The scope of smart building in future is massive. Whether you manage a residential or commercial property, now is the right time to embrace it. For this purpose, consider looking into Tantiv’s next-generation Property Management.

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