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SMART BUILDINGS SOLUTIONS USING INTERNET OF THINGS (IoT)

 

Leveraging intelligent IoT solutions, Faststream’s platform achieves a seamless, single point of access for the building’s safety, security,
and energy management solutions

Change your Work Place today with IoT Connected Solutions

 

Faststream Technologies has a complete portfolio of smart building technologies, applications and services to help our customers achieve their goals. It starts with controlling the right data from the building, its residents and their surroundings. The base of our smart building is an Intelligent Infrastructure, which enables the building to collect and analyze data. Leveraging this Intelligent Infrastructure, Digital Services and Applications can be implemented to turn this data into actionable insights and address your specific business challenges – from energy conservation to space and asset optimization.

Key Features of our Solutions

  • Energy Consumption-Includes popular applications like wireless energy consumption monitoring.
  • Equipment -Those that optimize lighting and HVAC use.
  • Environmental quality-Devices might measure particulate matter or CO2.
  • People, spaces and occupancy measurement-Devices that can measure occupancy, space utilization or how many people have passed through a certain entrance.
  • Wayfinding or Ease navigation-IoT devices are practically tailor-made to enable easy navigation, so it’s surprising that wayfinding isn’t more popular among IoT applications. We’re talking with a number of retailers who want people to be able to walk in, know where the Cheerios are and navigate to aisle 12, section 4.
  • Asset Tracking, Inventory and Order Fulfillment-Warehouses are a great fit for smart building technology. If you keep a sizable number of parts on-site, think about making the warehouse one of your first IoT applications. If all we know that we’ve got an order and the parts are in the southwest corner, we’ll basically spend way more time picking through things and putting that together. You can have an IoT application that gets parts to me quickly and efficiently. Amazon is using robots to do the picking for you and dynamically having the warehouse shift location of the products overnight so they’re optimized for delivery.
  • Healthcare facilities can slash waste from lost or pilfered equipment by attaching IoT sensors to the items that most commonly go missing, like small telemetry packs and surgical supplies. IoT applications for healthcare can also include simply using the sensors to locate needed mobile equipment nearby.
  • Air Quality Monitoring-Keeping an eye on carbon dioxide or particulate matter levels can help you figure out whether your ventilation system is bringing in too much or too little outside air.
  • Space Management-Incorporate IoT devices into meeting rooms and other common spaces to track occupancy and space utilization.
  • Security-IoT capabilities can be integrated into surveillance cameras, smart locks, credential readers and other physical security devices. The same geofencing barriers that app developers use to target customers in certain locations can also apply to IoT-enabled locks and access tracking. An invisible barrier that alerts you of breaches lets your security staff respond much more quickly.
  • Vibration Sensing-IoT sensors that monitor vibration can be used to reduce noise during a building expansion or monitor the health of fans and other machinery.
  • Fire and Life Safety-IoT devices linked to your emergency alarm and mass notification system can temporarily disable lighting controls that would otherwise shut off the lights, allowing people to evacuate safely.

Case Studies

The buildings and construction account for around 30-40% of global energy use and energy-related carbon dioxide emissions. Because of this, the per square-foot energy efficiency of buildings needs to improve by around 30% in order to meet the Paris Agreement environmental targets. By 2060, it is expected that the total buildings sector’s footprint will have doubled – reaching around 230bn square-meters.

This forecast examines the value of smart building technology globally, covering the proportion of the hardware that can be directly attributed to smart buildings, the associated software and management platform services, and installation and management related consulting. It does not try to forecast the total value created by the technology, nor the installation and upkeep revenues. That would be such a large number that it would not be useful.

In terms of market variation, we expect North America and Europe West to be the strongest initial market, with parts of APAC (China, Japan, South Korea) making up for the rest of that region’s low adoption. This is a pretty similar story to many of our other IoT forecasts, and there is not really reason to think that this one will be markedly different.

This is a trend that is going to take longer to emerge too, and we expect the years immediately after the forecast period to post some impressive growth. We foresee this market being more gradual than the explosive growth curves seen in other IoT markets, but due to its potential size, this slower penetration is not to be seen in a negative light.

 

To this end, if you want to use smart building technologies to save costs or increase margins, the main use case you should be targeting is human productivity. While the technologies can certainly help manage operating costs, such as energy bills, or provide improved services such as secure access or usage analytics, on a per-dollar basis, these should not be the priority targets for new installations.

 

In most instances, no matter how you slice it, when you look at the costs of occupying a building in terms of square-meters, human capital is almost always the largest single component. The factors were natural light, good air and ventilation, temperature controls, views, and green spaces.  The following increases in productivity could be achieved by making better use of the factors: better lighting (23% increase), access to green natural spaces (18%), improved ventilation (11%), and individual temperature control (3%).