Many facility managers know that smart buildings reduce operating costs by reducing energy use. According to the American Council for an Energy-Efficient Economy (ACEEE), hospitals, office buildings, and education buildings could save up to 23% on energy costs by embracing smart technology.
But smart buildings can reduce costs in other ways, too. Smart technology mitigates risks and extends the lifespan of equipment through continuous monitoring, cutting the potential costs of pricey equipment maintenance and repair.
Buildings have a lot going on that the average person doesn’t notice, from complex electrical systems to HVAC systems that fluctuate throughout the day.Thanks to continuous monitoring, all of these factors are constantly tracked and analyzed for inefficiencies and problems — including problems that haven’t even occurred.
Not only does this reduce immediate costs, but the process can increase equipment’s lifespan and reduce risk to both the equipment and people in the building.
Quicker Response Times
All equipment wears down with use, but faults aren’t found until it’s too late. Slow responses can increase the damage to equipment and lead to costly repairs. If the equipment is integral to a system, a problem like this could affect the entire building.
With smart tech, facility managers will be able to track what equipment needs maintenance and allocate resources in a timely manner to fix the problem. A quick fix decreases the risk of damaged equipment, and of the equipment becoming a hazard to the building and the people in it.
All data tracked by smart buildings is available in real time and accessible by any device connected to the cloud. This means that late-night emergencies can be handled remotely, and equipment maintenance can be performed faster than before.
Programs like our facility management software also map your entire electrical infrastructure and save the information on the cloud. Workers can access this information prior to beginning a repair, so they know exactly what the issue is, making the maintenance safer for the worker.
Without the help of smart technology, facility managers can’t effectively monitor equipment to accurately predict when it will need repairs. Their only viable option, reactive, run to failure maintenance is costly, inefficient, and potentially harmful.
Smart tech provides a solution for this. Devices are able to track factors such as temperature, pressure, humidity, and hazardous pollutants. Changes are noted, pointing to areas that could become issues in the near future.
Continuous monitoring also takes into account small, measurable changes. For example, a change in a worker’s schedule may cause a change in a building’s lighting usage, or a snowstorm could lead to a spike in heater use.
Smart tech tracks these changes and provides appropriate adjustments, reducing the stress on your systems and decreasing the chance of equipment breaking down — all while lowering energy costs.
Many smart tech devices are also equipped with fault detection. Smart tech monitors equipment and predicts when specific parts of the equipment are prone to breaking down, allowing you to conduct preventative maintenance on these specific parts before a problem arises.
Combined with traditional proactive maintenance best practices, facility managers can use smart technology to extend equipment’s lifespan and reduce the risk of failure.