IoT Enables Next Generation of Smart Buildings and Cities

By Dick Slansky

Category:
ARC Report Abstract

Today, building automation has evolved significantly beyond control systems for HVAC and lighting. While the concept of smart buildings has been around for some time now, with the emergence of IoT and a new generation of intelligent edge devices, “smart” has taken on an entirely new meaning for building automation.

Buildings of all sizes and functions, residential or commercial, are becoming connected smart ecosystems in which systems monitor and maintain much more than climate control and lighting. Intelligent edge devices will do more than just gather point data. They will also aggregate, analyze, and stream data to edge computing where advanced predictive analytic engines will enable new levels of control and security, while significantly improving the overall user experience in the building environment. These new systems will be smarter, self-learning, innovative, and highly sophisticated.

For owner-operators across an array of residential, commercial, and industrial buildings, the cost of adding smart building technologies could range from hundreds of thousands to millions of dollars. For many companies, the price tag is too high, due, in large part to closed, custom, and proprietary building equipment and software that can only be upgraded by the original manufacturer.

Until recently, this has led to a lack of cost-effective solutions that has kept OEMs and system integrators from delivering affordable smart building management systems (BMS) to a market with a great need for them.

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Keywords: Building Management System (BMS), Smart Buildings, Smart Cities, IoT, Smart Sensors, Ecosystems, IoT/BMS Architecture, ARC Advisory Group.

 

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