Today’s building owners and operators continue to face operational and financial challenges. To do more than simply keep a facility running, they must transcend the traditional perception of being only a “cost center” by tackling a greater scope of building management responsibilities, including to:
1. Ensure cybersecurity: Recent studies show that 37.8% of building management systems are affected by malicious cyberattacks. With the convergence of IT and OT, facility managers must ensure building systems are cybersecure and meet the latest standards.
2. Do more with fewer resources: Advances in automation have improved productivity in the global economy by 1.4%. However, with limited budgets and less skilled people to operate building systems, facility managers need to manage expanding technologies and tasks. They also need to improve operational efficiency at a reduced cost by using new automated tools to help move beyond planned preventative maintenance to a more proactive approach, with explicit ROI activities.
3. Enable remote operations: The pandemic caused many buildings to have limited or no access to on-site facility managers. To support greater resilience and operational efficiency, having remote access and control over building systems is critical.
4. Reduce energy costs and support sustainability goals: More than 30% of building energy is wasted, with 20% of it due to poor commissioning. Energy use needs to be tracked and analyzed to identify inefficiencies and reveal opportunities to optimize operations. In addition, nearly 40% of CO₂ emissions come from buildings, primarily from operational energy use — e.g., HVAC, lighting — and, in turn, sustainability efforts are becoming a requirement in most large buildings. Facility managers need to track new metrics related to carbon savings and “green” KPIs, including integrating on-site renewable energy resources. BMS modernization is one way to ensure your efforts will help reduce energy consumption across all operational systems.
5. Enhance occupant experience: Beyond delivering comfort, today’s owners, tenants, and employees expect a building to provide a more interactive and engaging experience that supports their well-being and productivity.
6. Improve space utilization: The “new normal” is a hybrid workplace model for many organizations, with staff splitting time between the office and home. Office space and infrastructures need the flexibility to adapt to changing requirements and uses.
Achieving these outcomes will help meet corporate goals while improving occupant satisfaction and the bottom line. But that’s not all. It will also help make buildings more attractive to investors and tenants by maximizing brand image, property value, and occupancy.