As people come to expect the convenience of smart technology in their homes, cars and workplaces, property management firms and building planners consider building automation an investment rather than a luxury. In fact, according to a Marketsandmarkets study, the smart building market could grow to $31.75 billion globally by 2022. A big part of this market includes intelligent building assets designed for use with a building network system.
For years, building automation systems (BASs) have decreased energy usage and costs by processing data from sensors to control lighting fixtures, HVAC equipment and more. However, these separate functions typically aren’t aligned. As a result, the benefits of BASs have been limited and their potential, as of yet, unrealized.