Reducing energy consumption and improving operational performance can be challenging for owners and managers of multistory offices, schools, or multi-building chains. These buildings need energy management solutions that do not require enormous capital investment and operating expenditures. Data analytics is critical to understanding how energy is consumed and where it is wasted, but many building... management systems are designed for complex buildings with extensive mechanical, heating, ventilation, air conditioning (HVAC), and electrical systems, which are not practical for smaller real estate portfolios.
Third-party solution providers are developing building energy management systems solutions based on Intel® technology that use Internet of Things (IoT) innovations for deeper business insights through advanced analytics. Data collected and integrated from various energy-consuming systems, such as HVAC, power, and lighting, help building owners achieve the following:
- Lower energy consumption. Understanding optimal performance for energy-consuming systems allows operators to define policies that control consumption and eliminate waste, as well as define benchmarks and determine performance.
- Greater operational performance. IoT data provides important insights into the health of energy-consuming systems and equipment, alerting operators to issues. Predictive maintenance—or condition-based maintenance—offers the ability to prevent equipment failure and unexpected downtime, which helps reduce costs.