October 2018 |
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Keeping Up with the Data Demands of the
Millennial Generation’s Smart Buildings
|
James McHale, Managing Director, Memoori |
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Since the beginning of
human history, every generation of people has been defined by their
buildings. From caves to mud huts, stone to brick houses, to steel and
concrete houses, the places we live work and play have continually
evolved to cater better for our demands. Today’s emerging generation,
the millennial generation, demands connectivity, flexibility, and
intelligence from the built environment. This emerging generation will
be the smart building generation.
By 2020, as much as 50% of the workforce will be millennials, and 75%
of the workforce by 2025. This group will seek out workplaces that
offer them unprecedented control over how and where they work.
Hotdesking, remote working, and co-working spaces will continue to
increase in popularity – 30% of corporate real estate portfolios will
consist of flexible office space according to Markus Winterholer of the
Building Technologies Division at Siemens.
“Younger workers are cutting the cords that tied employees to their
desks, through flexible and remote working options. Smart design and
greater connectivity will be required to ensure spaces and enterprises
are equipped for hot desking and remote working, as well as mobile and
wearable technology,” we explain in our report: The Future Workplace: Smart Office Design in the IoT
Era. “This need not be at extra expense. in fact, progressive
corporations are already reducing the scale of their office below the
size of their workforce to account for the increased numbers of remote
workers, for example.”
Millennials will also demand workplaces that incorporate the latest
technology for comfort, health, and wellbeing. This includes circadian
lighting systems that mimic the natural rhythms of the sun to keep our
internal clocks in check, which scientists have discovered is being
disrupted by bright artificial light in the afternoon and evening.
Technology savvy generations understand that we no longer need to
suffer through one-size-fits-all policies on office temperature, for
example, and will demand greater control of their personal workspace.
“These are generations that have grown up with digital and connected
technology, and they will prioritize smartly designed and
technology-rich workplaces when choosing between employment options,” our comprehensive workplace report continues.
Millennials take their health more seriously than previous generations,
for example. “They will place great importance on companies and
workplaces that promote health through lighting and environmental
control systems, as well as those who offer them the time and
facilities to engage in healthier living,” the report continues.
Millennials
have grown up in the age of technology but also an era of heightened
environmental and social responsibility. Beyond personal demands for
greater health, comfort, and flexibility, these groups will place much
greater priority on ensuring their employer makes a positive
contribution to “the world.” This could be bad news for the world’s
corporate polluters, but for the vast majority of companies, a smart
workplace could act as an important recruitment tool.
“To attract and retain talent, a business needs to show Millennials it
is innovative and in tune with their world-view,” said Barry Salzberg,
former global CEO, Deloitte Touche Tohmatsu Limited. “Our society
faces many critical issues, and it’s become clear no sector should ‘go
it alone.’ By working together and combining their different skills,
business, governments and non-government organizations (NGOs) have an
opportunity to reignite the Millennial generation and make real
progress in solving society’s problems.”
Today,
41% of energy worldwide is consumed by buildings, and as much as 80% of
total lifecycle cost of a building occurs in the operation phase,
according to a presentation by Markus Winterholer of Siemens. Again,
smart technology has arisen to address the issue.
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Smart lighting and environmental control systems utilize occupant
tracking to ensure that electricity is not being wasted on empty
spaces. While sensors positioned all around the building are feeding
central artificially intelligent systems with all the data they need to
find new, un-thought-of ways to create greater efficiency and conserve
more energy.
All this smart
technology is going to require unfathomable amounts of data. There are
already eight billion devices connected to the internet today, by 2030
that figure is expected to forecast to reach one trillion.
Consequently, we should expect a 60% increase in the amount of data
collected from smart buildings year over year, meaning data volumes
double every two years. This incredible change is already well
underway, the World
Economic Forum states that 50% of the world’s data, in the history
of mankind, was created in less than the last year.
All this will be adopted and driven by the millennial generation, whose
comfort with technology and moral compass is shaping the technology
towards health, flexibility, and environmental responsibility. This
millennial generation will soon be followed by another. In fact, this
year, 2018, Generation Z (those born after the year 2000) will begin to
enter the workforce, in 20-30 years they will be the dominant force
shaping the workplace with a new breed of technology under a different
name. For now, however, we are entering the smart building era.
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