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Financial Drivers for Smarter Buildings

Focus on the cost of operation TCO (kind of) TxO

Total x ( cost & other aspects) of Operation

Total view of operation per sqft/yr basis A new decision-making metric for CxOs

TxO means… solve for x…

  • Total Cost of Operations (TcO)
  • Total benefits from Operations (TbO)
  • Total value of Operations (TvO)
  • Total risk from Operations (TrO)
  • Total Energy for Operations (TeO)
  • Total Efficiency of Operations (TfO)
  • Total sustainability of Operations (TsO)
  • Total utility cost for Operations (TuO)

NOTE: the list is for brainstorming and is not exhaustive

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Financial Drivers in Smart Buildings and TXO Framework

“What if building systems are inherently able to interoperate with other systems securely on a plug-and-play basis?”

Example of the confusion we create

How Many Ways Can You Label a Temperature Sensor?
Why Data Normalization is Important to Cybersecurity

https://www.linkedin.com/posts/fredgordy_how-many-ways-can-you-label-a-temperature-activity-7198438803349356544-Sgy-?utm_source=share&utm_medium=member_desktop

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Ken Sinclair

Editor, AutomatedBuildings.com.  Ken Sinclair sees himself more as a storyteller and hopes the stories he tells will be a catalyst for the IoT future we are all (eventually) going to live in. Ken believes that systems will be smarter, self-learning, edgy, innovative, and sophisticated, and to create, manage and re-invent those systems the industry needs to grow our most important resource, our younger people, by reaching out to them with messages about how vibrant, vital and rewarding working in this industry can be. Follow me https://www.linkedin.com/in/ken-sinclair-8246965/
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