In the latest Monday Live session, and for the month of September, the focus is on ‘Buildings as Assets,‘ exploring the implications of this perspective for the future of smarter buildings. The conversation started with news and industry trends, followed by an in-depth discussion on the concept of assets and their significance in the context of buildings. Mike Bordonaro, the executive director of the Asset Leadership Network, joined the panel to share his insights.
Key Takeaways
- Digital Buildings and the Broader Movement: The term ‘digital buildings’ is gaining traction, highlighting the industry’s ongoing digitization process. It connects with broader technological advancements like smart buildings and energy efficiency. Digital Maturity refers to an organization’s ability to respond quickly to developments and shifting technology trends. Digital Maturity requires investment in the tools and human resources that can best leverage new technology.
- Cellular Modems for Building Connectivity: Cellular modems are being utilized more frequently to connect buildings and gather data, especially during the construction phase or when dealing with standalone systems. While they offer speed and convenience, cybersecurity concerns persist.
- Assets and the Asset Leadership Network: The Asset Leadership Network is advocating for a systematic approach to asset management, aiming to help organizations improve their asset management practices and increase benefits. ISO 55000 defines an asset as anything that adds value to an organization.
- The Importance of Culture Change: Successfully implementing advanced building technologies and asset management practices requires a cultural shift. It involves all relevant stakeholders and changing mindsets to focus on continual improvement.
- Pilots as a Tool for Cultural Change: Pilots are essential for demonstrating the value of information sharing and cultural change. They go beyond proving technology and focus on changing how users use it.
- Connecting the Dots for Relevance: The industry needs to connect the dots between owners, assets, life cycles, total cost of ownership (TXO), tools like the IBB, and other technologies. This helps make the conversation relevant to the C-suite by showing the impact on the bigger picture.
- Becoming Part of a Larger Movement: The building automation industry can gain more relevance by participating in the broader cultural change toward better asset management and cost control.
Conclusion
This Monday Live session emphasized the importance of viewing buildings as assets and the need for a cultural shift toward better asset management practices. By connecting the dots between various stakeholders and technologies, the industry can play a pivotal role in improving the overall efficiency and effectiveness of buildings.
Watch the full video here
Sources
https://digitalleadership.com/blog/digital-maturity/#What_is_Digital_Maturity
