Written by Saurabh Khanna

Everyone might have heard of connected devices and the internet of things. Devices that can communicate with one another (from wearables, to cars, to smart meters) are very much here – and McKinsey&Co estimates that the internet of things could be worth up to $11.1 trillion per year by 2025.

The internet of things have already started infiltrating areas of your life you probably never even thought of, like sport, sleeping and even buildings.

Where the Wireless Things Are—and Why

Most IoT smart devices aren’t in your home or phone—they are in factories, businesses, and healthcare. Why? Because smart objects give these major industries the vital data they need to track inventory, manage machines, increase efficiency, save costs, and even save lives. By 2025, the total global worth of IoT technology could be as much as USD 6.2 trillion.

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Smart Buildings

Modern buildings contain complex mechanical devices, sophisticated control systems and a suite of features to improve the safety, comfort and productivity of occupants. Many of these systems involve machine-to- machine communication, but because the data is general in nature and the communication protocols have been proprietary, information only flows along certain paths. The smart building will require connectivity between all the equipment and systems in a building. An example is chiller plant optimization, which boosts the efficiency of chiller operation by incorporating outside weather data and information about occupancy. Another example is using data from the building security system to turn off lights and reduce cooling when occupants are not present.

The movement toward interoperable, connected devices and systems within a building requires cooperation between many different parties, many of whom are historical business competitors. The result is a building where lighting, air conditioning, security and other systems pass data freely back and forth – leading to higher efficiency, more safety and comfort, and lower cost operation of the facility.

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There are numerous ways how a smart building can save money; most involve optimized operation and increased efficiency:

Optimized HVAC – Modeling loads dynamically allows the system to spend the minimum amount of money to provide the comfort level desired.

Leveling occupancy to energy use – A smart building will run leaner and also money when there are less people inside.

Maintenance: Be Proactive – Analysis algorithms will detect problems in performance before they cause expensive outages, maintaining optimum efficiency along the way.

Behind the Scenes

LogicLadder (http://www.logicladder.com/) team was working for a renowned hospital for the complete Building Management System and Remote Monitoring; this is where we jointly worked with SenseGrow (http://sensegrow.com/) team who were already working on analyzing the movement of building users to understand and plan for areas of heavy use, using their application InstaMsg (http://www.instamsg.io/).

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