A Glimpse Into the Near Future 11
Embracing what’s to come
Disruption can redefine industry standards and overturn established norms. Innovation across technology, sustainability, and business models can help manage change and new expectations through insights, visibility, and tools. Positive outcomes include intelligent occupancy management, flexible space, and better talent attraction and retention. There are a few areas ripe for disruption: Capital Structure and ROI: Existing design and construction methods are dictated by thin margins and repetitive business models. Traditional capital structures need to be rethought to facilitate innovation in the building industry. Sustainability can be a tool to deliver ROI. 74% of corporate real estate executives would pay a premium to retrofit a space for sustainability criteria. 34 Systems Integration: Proliferation of proprietary systems limit innovation. Open systems are required to connect IT and OT networks for greater flexibility and integration - crucial for implanting intelligent technologies in buildings. Building Design: Disruption in design must be focused on user needs and experiences. Focusing on occupant needs and desires will allow for intelligent buildings designed for differentiation and flexibility vs. quality of finishes. Metric Management: Intelligent building design moves beyond a world where badge data is good enough for organizations. Combing network and BMS data can help them understand building occupancy and use of space to inform for HVAC and lighting usage, delivering a lower TCO. Productivity / Experience (WELL): The same data used to report on metrics about the built environment can impact the health and wellbeing of occupants. Intelligent buildings can deliver new levels of environmental monitoring and management to improve the office experience.
Looking into future possibilities, the evolving real estate industry reflects our shared aspirations and showcases our capacity to innovate, adapt, and cater to the needs of current and future generations. What role will you play in this journey?
24
Made with FlippingBook Ebook Creator