- Johnson Controls
- Insights
- 3 reasons it’s time to switch to a smart building
3 reasons it’s time to switch to a smart building
Are your business goals being held back by your building? A new study shows lack of integration between building systems and equipment is harming the profitability of many businesses, but a smart building can turn this around.
In a recent study by Forrester Consulting, in collaboration with Johnson Controls, 90% of respondents said their building systems and equipment are not fully integrated and it’s costing them time, people and money. Lack of integration is causing 67% less efficiency, 62% less customer loyalty and 52% less revenue.
This is where smart buildings truly show their value. When money talks, smart buildings listen.
Smart buildings are designed to align with the financial objectives of your business, impact your bottom line and deliver measurable outcomes including:
1. Enhancing productivity
2. Driving smart, cost-saving operations
3. Delivering energy-efficiency with impactful investment
By leveraging advanced data collection and award-winning AI, you can integrate your building systems and equipment, transform performance and deliver on these three outcomes.
1. Enhancing productivity
Employee productivity directly affects your company’s financial performance. That's why it's so critical to create a smart building environment that promotes better productivity and well-being.
By simply understanding how employees interact in and with your building, you can begin to capture real savings. We know that a 1% improvement in employee health, well-being and productivity from improved air quality carries a financial impact equivalent to the annual utility bill of an average building. Addressing indoor air quality can deliver up to 11% gains in productivity.
Smart buildings drive operational efficiency by having spaces that are flexible, rather than being permanent or fixed. This means your spaces can be quickly reconfigured as needed to serve multiple purposes under one roof, be it for commerce, work, or entertainment. With integrated solutions, you can monitor occupancy and equipment use to improve space utilization, thereby improving your return on investment.
Harness solutions like OpenBlue and FM:Systems to improve portfolio and facility performance, while boosting productivity in your building. Companies surveyed by Forrester and Johnson Controls anticipate a smart building will help them by improving productivity (77%), improve morale (79%) and become more attractive to the best talent by (80%).
2. Driving smart, cost-saving operations
Of the companies surveyed, those who have completed their smart building goals have already seen a 41% improvement in operational efficiency.
Having real-time data visibility across assets, people and processes allows you to make more intelligent and proactive decisions. This leads to lower costs for operations, maintenance and throughout the life of your assets.
In buildings, uptime is critical. We provide digital services which combine technology, advisory and condition-based maintenance to make assets perform at their best, with less costly downtime for repairs or replacement. Using technology powered by data and AI, OpenBlue Service Experts can now detect chiller faults 48 hours before they happen.
OpenBlue Enterprise Manager gathers data from across your building(s) and presents it to you in one place. With access to an active dashboard, 24/7 data monitoring and live reporting, you can easily identify building performance gaps, see savings opportunities and bring issues to light, all through a unified, remote command center.
3. Delivering energy-efficiency with impactful investment
Smart buildings can save much more than just time and money – they can also save energy and cut emissions.
Heating, cooling and ventilation are responsible for over 50% of energy consumption in residential and commercial buildings. Through automated energy management, you can see more accurately where and how energy is being used in your building, make targeted changes and drive savings.
Simply start understanding your building’s energy use, greenhouse gas emissions and water consumption to drive substantial impact. Digital solutions like OpenBlue monitor the live activity of building and allow you to:
- Monitor energy performance gaps
- Pinpoint cost reduction opportunities
- Identify underperforming systems
- Calculate operational variances
- Simulate central plant performance to understand your facility’s savings potential
And these opportunities are not exclusive to new buildings. By upgrading old building systems and adding building automation controls, companies are seeing the biggest improvements on efficiency, making a significant impact on environmental sustainability goals. In a recent example, Johnson Controls partnered with Cobb County Government to upgrade more than a dozen heavily used facilities, significantly reducing emissions and cutting utility costs by more than $2 million.
Smart buildings are increasingly critical to firms in the battle to win, serve and retain customers.
Start your transformation to a smart, autonomous building today >