Optimizing facilities and sustainability management with IoT and AI – Livemint
The Energy and Resources Institute in India (TERI) says that commercial buildings alone contribute to 8 percent of all building, which are all potential places for facilities optimization initiatives. More than 80 percent of the total lifecycle energy of buildings goes into operations alone, with electricity accounting for more than 90% of it.
In today’s connected age, the sheer power of bringing together various aspects of building facilities on to a single IoT (Internet of Things) platform makes a remarkable difference to not only a company’s bottom line, but also to the environment. In India, where most energy is still derived from non-renewable sources such as coal, better building facilities management significantly impacts the economy, and eases the stress on the environment.