For years, Building Management Systems (BMS) have helped construction teams and asset owners to manage the day-to-day operations of a building by allowing them to control and monitor its mechanical and electrical equipment. However, even with comprehensive reports and metering dashboards, there still remains an influx of data that these teams have no access to, thereby challenging them in achieving objectives of security and reliability. Considering that buildings are the biggest consumers of energy, with an almost 40 percent share in the world’s energy consumption, construction teams also need to find a way to become energy efficient.
Building Analytics platforms were created to address these issues. It is the single most powerful technology that leverages existing data to make informed decisions and help construction teams in meeting their goals. Facility managers can use these platforms to gain an extensive view of the health of a building with real time data, which can subsequently assist them in improving operations, increasing tenant comfort, supporting sustainability, and identifying inefficiencies and areas of improvements. They also generate important insights associated with energy consumption across the entire asset. This can help asset managers optimize their BMS to address the increasing demand for energy-efficient systems. These platforms also have the ability to support construction teams in fraud detection and monitoring, security management, emergency management, parking management, operations management, elevators and escalators management, network management, to name a few.
As buildings become smarter and the need for energy efficiency goes higher, business entities are striving to integrate building analytics into their core process. For this, they need to rightly navigate this flourishing domain and find the best partner to avail the best solutions. To help organizations select the best building analytics solution, we present to you Enterprise Technology Review’s “Top 10 Building Analytics Solution Providers - 2020.”