How Can Smart Building Technology Become Mainstream?

Editor's Notes

1. Based in SG
2. Sustainability / ESG driven investment // The impending green divide: Supply deficit of sustainable workplaces in Asia Pacific (jll.com.sg) ​Rising interest rates​ ​Energy prices​ ​Chat GPT
3. - JLL study from YESTERDAY: supply deficit of net-zero carbon buildings (56% under supply in SG / 84% in Sydney) - TECH is Absolutely VITAL. People will never use a product that doesn’t work (Think Apple / Uber / Airbus) - BUT tech is NOT what will make Smart Buildings go Mainstream as the BUYERS don’t understand it. They understand ROI / asset valuation - As-a-Service: from plants to a specific temperature in the building (so 0 CAPEX!!)
4. - JLL study from YESTERDAY: supply deficit of net-zero carbon buildings (56% under supply in SG / 84% in Sydney) - TECH is Absolutely VITAL. People will never use a product that doesn’t work (Think Apple / Uber / Airbus) - BUT tech is NOT what will make Smart Buildings go Mainstream as the BUYERS don’t understand it. They understand ROI / asset valuation - As-a-Service: from plants to a specific temperature in the building (so 0 CAPEX!!)
5. Smart Building means very different things to stakeholders using the same building Our industry must bring many things together for actions to be taken and identifying the COMMON DENOMINATORS is key Over 500M SqFt of Grade A buildings constructed BEFORE 2011 in APAC = owners + investors must upgrade all these assets!!
6. Smart Building means very different things to stakeholders using the same building Our industry must bring many things together for actions to be taken and identifying the COMMON DENOMINATORS is key Over 500M SqFt of Grade A buildings constructed BEFORE 2011 in APAC = owners + investors must upgrade all these assets!!
7. - Digital Twin: 98%+ - IoT 10% a year discrepencies - Putting plants increases productivity by 11% / improves IAQ / raises employee wellbeing (Nature Things): they have IoT / analytics… - BMS / IoT / Software tech teams do not speak the same language – but it’s OK if 1 leads the way!
8. - Digital Twin: 98%+ - IoT 10% a year discrepencies - Putting plants increases productivity by 11% / improves IAQ / raises employee wellbeing (Nature Things): they have IoT / analytics… - BMS / IoT / Software tech teams do not speak the same language – but it’s OK if 1 leads the way!
9. - Widespread use of AI and ML - 1.8 Trillion (2023) investment in clean energy  needs to rise to 4.5 Trillion by 2030 / Mary Burce Warlick / Deputy Executive Director of the International Energy Agency - the responsibility does NOT just lie in Lawmakers + businesses but on ANYONE that uses energy – all of us!! ‘We should be worried’: As COP28 nears, green energy transition is not happening fast enough, say industry experts - CNA (channelnewsasia.com)
10. - Widespread use of AI and ML - 1.8 Trillion (2023) investment in clean energy  needs to rise to 4.5 Trillion by 2030 / Mary Burce Warlick / Deputy Executive Director of the International Energy Agency - the responsibility does NOT just lie in Lawmakers + businesses but on ANYONE that uses energy – all of us!! ‘We should be worried’: As COP28 nears, green energy transition is not happening fast enough, say industry experts - CNA (channelnewsasia.com)