• Home
  • About Me
  • Blog
  • Sublease Central
  • Tenant Tips
  • Tenant Resource
    • Office Furniture Vendors
    • Commercial Tenant Improvement Contractors
    • Residential Real Estate Brokers
    • Commercial and Business Insurance
    • Recommended Business Books
  • Newsletter

+1 (925) 279 5590

Find Our Location
jeff.weil@colliers.com
officetimes.com officetimes.com
  • Home
  • About Me
  • Blog
  • Sublease Central
  • Tenant Tips
  • Tenant Resource
    • Office Furniture Vendors
    • Commercial Tenant Improvement Contractors
    • Residential Real Estate Brokers
    • Commercial and Business Insurance
    • Recommended Business Books
  • Newsletter

Smart Buildings: Sensor costs low enough for reasonable payback

Oct 25, 2019 | Posted by Jeff Weil | Commercial Real Estate, Energy Efficiency, Technology |

I recently attended a presentation on Cybersecurity and Smart Buildings, and I was blown away by the many potential benefits (and one major concern) in this emerging industry.

The experts giving the presentation included executive David Colby from Schneider Electric SE (a $29B Fortune 500 multi-national manufacturer of HVAC and IoT hardware); a cybersecurity expert, Vaughn Eisler from Equinix, Inc. (the nation’s largest data-center company); and Robert Granadino , Chief Operating Officer with InteliGlas Corporation, (a secure smart building artificial-intelligence (AI) platform company for mid-market office buildings) connecting their software to internet-of-things (IoT) sensors and building system hardware.

Granadino said, this technology was really not possible 3-5 years ago, but costs have come down to the point where, for a mid-1970s, suburban, 85,000 ft.2 office building setup fees are between $65,000-$125,000 to and $3,000-$5,000 per month thereafter, with an ROI payback of just six to eight months on projected annual energy cost savings of 22%-26% on average.  

InteliGlas integrates building systems and sensors on HVAC system packages, such as Schneider Electric, as well as, integrating lighting system, elevators, irrigation, building security and more.

The InteliGlas platform is in the cloud and features AI-machine learning to absorb the complete building environment, as it goes. InteliGlas monitors real-time, 24/7 and taking autonomous-action, working with data from third-party sites, such as US Department of Commerce National Oceanic and Atmospheric Administration (NOAA) and National Weather Service (NWS) to obtain forecasts informing inteliGlas’ AI when it will be hot, overcast, or rainy before it occurs automatically adjusting irrigation and HVAC systems accordingly.

When equipment has an irregular sound or vibration, the property manager/owner and subcontractor can check it out before the system breaks-down completely, such as an HVAC system failing in the middle of a super-hot summer and limit system downtime.

The cybersecurity element was especially important as there have been recent cases of office buildings being held-up under a ransomware attack, said Eisler. Adequate property cybersecurity measures can prevent this.  InteliGlas integrates 24/7 cybersecurity monitoring as part of its base installation, securing a building’s network and its building systems.

Mass sensorization is leveraged to track occupancy within a building, tracking employees’ location within the premises and automatically adjusting a building’s HVAC and lighting systems through AI-driven autonomous-action.

Building expense reduction, increased equipment efficiencies, reduced downtime, happier employees, and a system better for the environment is here today at a fairly reasonable payback period.

Comments?

Post Views: 546
Tags: cybersecurityJeff Weiljeff.weil@colliers.comofficetimessmart buildingstechnology
0
Share

You also might be interested in

FASB and corporate leasing reality

Oct 22, 2019

I just attended the annual SIOR Conference in Portland (Society[...]

On A Scale of 1-10, New York City Commercial Brokers’ Confidence Is Below 2

Jul 28, 2020

www.bisnow.com reported today that New York City brokers do not[...]

FASB Not Driving Real Estate Decisions

Oct 31, 2019

“We’ve been debating for a couple of years about what[...]

Jeffrey Weil, CCIM, MCR.h, SIOR

Executive Vice President
San Francisco Bay Area
1850 Mt. Diablo Blvd., Suite 200
Walnut Creek, Ca 94507
CA Lic. 00786195
Phone: +1 925 279 5590
License #: CA-00786195
Email: jeff.weil@colliers.com

Categories

Find us on

Call or Email Me!

We're not around right now. But you can send us an email and we'll get back to you, asap.

Send Message
Solving Your Commercial Real Estate Needs Find Commercial Space Today!

Contact Information:

  • Jeffrey Weil
  • Colliers International
  • 1850 Mt. Diablo Blvd., Suite 200
  • +1 (925) 279 5590
  • jeff.weil@colliers.com
  • officetimes.com

Contact Information

  • Jeffrey Weil
  • Colliers International
  • 1850 Mount Diablo Blvd., suite 200
  • CA Lic. 00786195
  • +1 (925) 279 5590
  • jeff.weil@colliers.com
  • www.officetimes.com

Copyright © [2018] — Officetimes.com. All Rights Reserved.

Prev Next