June 2013 |
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M2M Technology Convergence Making Smart Buildings Even Smarter
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Global Sustainability Perspective identifies most impactful building automation technologies
SINGAPORE, LONDON and CHICAGO, June 26, 2013—Smart buildings are
leveraging emerging machine-to-machine (M2M) technologies to become
even smarter. According to the latest Global Sustainability Perspective
from Jones Lang LaSalle (JLL), six advances in smart building
technology are enabling a new era in building energy efficiency and
carbon footprint reduction, yielding a return on investment for
building owners within one to two years.
“M2M technologies are converging to make smart buildings – and their owners – even smarter,” said Dan Probst, Chairman of Energy and Sustainability Services at Jones Lang LaSalle. “We can now perform real-time remote monitoring, commissioning and control of entire portfolios of buildings, leading to dramatic improvements in building performance and meaningful energy savings.”
The top six technologies contributing most to making buildings smarter include:
1. Wireless meters and sensors. Affordable wireless
sensors and meters can now be used to monitor automated building
equipment and relay data to a centralized remote command center.
2. Internet and cloud computing. The advent of the
Internet and decreasing costs of data transmission now makes it
financially feasible to transmit data from millions of building data
points to the command center. The relatively affordable high-capacity
computing power of the cloud allows for cost-efficient data analysis to
an extent not possible in previous eras.
3. Open data communication protocols. New software
applications solve the “Tower of Babel” problem created in buildings
containing multiple automated systems, each operated by proprietary
controls. Today, such protocols as ASHRAE’s open-source BACnet,
Echelon’s LonTalk and emerging systems support cross-platform data
sharing.
4. Powerful analytics software. The best
new-generation smart solutions provide numerous dashboards, algorithms
and other tools for interpreting building data, identifying anomalous
data, pinpointing causes and even addressing some issues remotely.
5. Remote centralized control. Secure Internet
technologies can be used to protect data transmissions from hundreds of
buildings in a company’s portfolio to the central command center,
staffed around-the-clock by facilities professionals.
6. Integrated work-order management. Today’s building
management systems can be integrated with a work-order system to
streamline communications with on-the-ground facilities staff when
human attention is required.
“Even five years ago, remote monitoring and control of an entire portfolio of properties was not possible,” said Probst. “Owners and investors are now realizing that the return on smarter building management is worth the investment, and can potentially pay for itself within one or two years.”
Commercial and public property owners are seeking these returns to boost operational efficiency, achieve energy savings, improve capital planning and reduce their carbon footprints. Companies worldwide invested $5.5 billion in intelligent building systems in 2012, and the number is expected to rise to $18.1 billion by 2017 — a 27.1 percent compound annual growth rate, according to IDC Energy Insights. The promise of even more potential for cost savings from operating smart buildings in the context of smart grids is an incentive, as well.
The term "smart building" typically refers to a building that uses
computer-controlled equipment, managed via a building automation system
(BAS), which controls heating, ventilation and air conditioning and
lighting, as well as water, fire and life safety equipment throughout a
building.
Global Sustainability Perspective
Jones Lang LaSalle issues a quarterly online report that covers a range
of timely energy, sustainability and climate issues, typically as they
relate to the commercial real estate industry. Participants from around
the world contribute ideas and articles of interest to the firm’s
clients, colleagues and others interested in sustainability news and
trends.
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In addition to smart building advances, the just-released report also includes:
• How smart buildings and the smart grid interact.
• A case study on Procter & Gamble’s application
of IntelliCommand, Jones Lang LaSalle’s smart building solution powered
by Pacific Controls technology.
For more news, videos and research resources on Jones Lang LaSalle,
please visit the firm’s global media center Web page
http://www.joneslanglasalle.com/Pages/News.aspx.
About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a professional services and investment
management firm offering specialized real estate services to clients
seeking increased value by owning, occupying and investing in real
estate. With annual revenue of $3.9 billion, Jones Lang LaSalle
operates in 70 countries from more than 1,000 locations worldwide. On
behalf of its clients, the firm provides management and real estate
outsourcing services to a property portfolio of 2.6 billion square feet
and completed $63 billion in sales, acquisitions and finance
transactions in 2012. Its investment management business, LaSalle
Investment Management, has $47.7 billion of real estate assets under
management. For further information, visit www.jll.com.
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