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Tridel CIO: Smart Buildings Can Cut Costs

Smart buildingThere are a number of benefits for investing in smart buildings, and no one should build another “dumb” building, Ted Maulucci, CIO of Canada-based Tridel Group, said at a conference in Toronto earlier this month, according to Datacenter Dynamics.

Maulucci noted the sustainability benefits derived from improved energy efficiency of smart buildings as well as the increased security benefit of integrating existing monitoring capabilities into a centralized building data center.

Maulucci also said smart buildings can spur innovation through increased communication abilities. It is his belief that localities should install the infrastructure for high-speed communications before they are actually required, which will attract businesses and the construction of smart buildings.

Another benefit of smart buildings is the increased importance and use of data analytics that an integrated network infrastructure can provide.

However, Maulucci said perhaps the most important bottom-line business benefit smart buildings represent is their ability to lower construction costs. When a fiber-connected smart building is constructed, multiple systems can run on the same infrastructure, which can lower construction costs or at the very least have a neutral effect on the total construction bill.

In addition, fiber networked buildings provide the proper infrastructure for internet delivery, rather than the current mix of fiber optics, coaxial, and in some cases, even satellite broadband.

According to a report by Jones Lang LaSalle last year, pressure to manage costs, risks and energy consumption are pushing commercial building owners and investors to explore how smart building technologies can help a company’s increase its bottom line.

In addition, earlier this year Jones Lang LaSalle created a graphic that discredits the top 10 smart building myths.

Photo Credit: Smart building via Shutterstock

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