August 2022 |
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Since AHR Expo 2022 Las Vegas As we prepare for AHR Expo 2023, Ken has asked me to share my thoughts on what has ensued. While it has only been 7 months, one thing is for certain----we continue to move at light speeds. Our conversations have changed. |
Marc Petock Chief Marketing & Communications Officer, Lynxspring, Inc. Contributing Editor |
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A lot continues to happen within our industry since AHR
Expo 2022. As we prepare for AHR Expo 2023, Ken has asked me to share my
thoughts on what has ensued. While it has only been 7 months, one
thing is for certain----we continue to move at light speeds. Our conversations have
changed. We are incorporating the business side with the technology side. Buildings
are at an inflection point, increasingly becoming more sophisticated, and the
roles they play are changing. The need for our technology, equipment, and
solutions remains the strongest since the first AHR Expo in 1930.
While many things
have arisen, I have chosen to focus on the following ten areas that are
changing since AHR Expo 2022 (not in any order):
#1.
Smarter Buildings
Smart buildings are not new, the vision of one originated in the early 1980s. Our
journey now is moving us from the smart building to the SMARTER BUILDING.
What is a smarter building? It is one that recognizes people and the various stakeholders
that are driven by outcomes beyond the implementation of solutions. What
makes up a smarter building? It is not just about installing
technology/operating advancements but rather— a means to an outcome.
#2.
Supply Chain
Who
would ever have seen this coming? Supply chain disruptions and the volatility that
accompanied them impacted every aspect of our industry. These disruptions
include delays, rising costs, and project realignments. Some have been able to
deal with these disruptions better than others. While improving, these
challenges will remain through the first half of next year.
#3.
Data
Data and its importance
continue to increase how our buildings, facilities, and equipment are operated.
Data has changed the way companies in every industry—including ours, no matter
if you are an equipment manufacturer, integrator, contractor, software provider
building owner/operator, do business and manage performance. Data is now an
irreplaceable asset.
#4.
New Protocols
The
number of connected equipment and devices in buildings is increasing
relentlessly. It is not just the number of devices, but the type of data they
produce too. With this comes the use of new communication protocols such as
MQTT and LoRaWAN, which are making their way into the stack and building
operating platforms.
#5.
More Connected Equipment & Valued Added Services
Equipment
is more connected, not only driven by technology and a selection of connectivity options,
but also by customer expectations. Today’s equipment
has moved from a
single purpose to multi-purpose and leverages
connectivity to take advantage of the data available to it. In parallel with this
is the ability to provide value-added services While there are a variety of
services, ones that resonate with me are ones that help extend the life cycle
and lifetime value of the equipment.
#6.
Convergence of Traditional Operations and Workplace
Historically,
the operational functions for running and managing a building and the workplace/experience
side, (occupancy, air quality, space utilization, etc.) have worked in entirely
separate domains and shared little data or control.
That is changing and changing quickly. Convergence of OT
and WP is a new and evolving concept in the building operating technology
stack. The traditional operational environment now connects and integrates with
the physical workplace environment. Demand for smarter buildings is bringing
the two domains together.
#7.
Cybersecurity
Cybersecurity
threats remain a reality within the built environment. Building’s systems and
equipment are targets and part of the threat landscape. It is not just the
responsibility of one group; it is everyone in this industry. Technology and
equipment providers need to incorporate security features and functions into
their offerings; system integrators and contractors by way of best practices
should secure their installations using proven security practices, and end users
should demand and insist on protection from cyber threats. Every
organization should prioritize/improve cybersecurity programs.
#8.
IP
The use of IP and IP-enabled
devices is becoming a common element and more prevalent within buildings. IP offers
several benefits including making use of existing network infrastructures, require
no special knowledge for installation, extend multiple connectivity options, and
bring agility, interoperability, speed, and adaptability that are pushing today’s
applications. As a result, IP is redefining the structure of smart technology
and enabling the flattening of the traditional building controls topology and
architecture.
#9.
ESG
Environmental. Social. Governance
(ESG). These three words combine to form a powerful concept that is fast
becoming pivotal to the way today’s businesses operate and the way we now must
manage buildings. In fact, it
is playing an influential role across all businesses globally, including ours.
These initiatives are resulting in a re-engagement in energy
management, carbon reduction, net-zero targets, water conversation, and more.
Adopting
ESG initiatives has become more pressing today with several building owners and
operators making it a priority to invest in this effort. This acceleration has
been driven by the heightened attention within the C-suite on the broader
impact ESG has on companies, investors, and executives who realize that a
strong ESG proposition can safeguard a company’s long-term success, enhance its
social influence and public relations, and help protect from external
pressures.
#10.
Talent Gap
One
of the biggest and most important challenges we continue to face is a talent gap. The diversity of properties and increasing
complexity of those properties are proving to be a challenge for attracting
talent, training or reskilling professionals. There is no question we have a
variety of good opportunities open and available right now but lack people in
our industry to fill them.
The
built environment is the most transformative and compelling application of
innovative technologies for businesses today. What we do is not an endpoint, but an endless pursuit to make our buildings
smarter and more responsible. The
adoption of building technology and smart equipment is at an inflection point
influenced by several forces.
Keep making it happen!
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