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Smart technology application: New trends in building management

15/06/2021

In recent years, finance, television, electronic devices and even buildings have all adopted new technology to become smarter. With the trend of developing commercial buildings with optimal environmental, social and governance factors, the application of technology in smart commercial project development is more essential than ever.

Illustrative image (Source: Internet).

According to a newly released study, experts of Savills Vietnam Real Estate Consulting Company (Savills Vietnam) commented: Smart commercial buildings will be the differentiating factor that business tenants consider when choosing a new office location. For example, a building can assist tenants in vacancy management, route finding, office space management integrated with city mobility features. In other words, smart buildings can: Capture the schedule of each tenant; Work space layout; Automatically adjust light levels and temperature according to needs.

Mr. Chris Mariott - Managing Director of Savills Southeast Asia, said: Now, thanks to the growth of the Internet of Things (IoT), we can access data through live cameras and sensors. The data is recorded in the building management system, through which we can access the data source and at the same time use them to improve the management. It can be said that technology solutions in real estate management have completely changed the method of building management compared to the past.

These technology solutions for property management also proactively report to management about maintenance schedules and potential or pending problems in the building. The application of artificial intelligence and technology will reduce the work load on management so that they operate more efficiently and accurately.

“Smart buildings make building management more complete and at the same time can enhance the experience of tenants and residents of the project. Management units also have more data to better understand their customers, how they use services and spaces, and how they feel about the building.” - Ms. Sylvain Thouzeau - Savills UK Operations Manager, said.

In Vietnam, the trend of applying technology in real estate management is also considered as one of the solutions to improve the operation of the project. This factor also contributes to making a difference to the standard of professional real estate management services, which is the key to improving competitive value for business units in this field.

In order to meet the increasing standards of the world, buildings need to integrate more intelligent systems. In the future, we will see the rise of haptics technology – technology that is currently being applied quite a lot in the automotive field, allowing users to control the operation of applications without touching object surfaces.

Haptics uses technology that supports motion and tactile interactions, capable of supporting most user interactions with office equipment such as using the restroom, printers, elevators, doors, and food preparation equipment.

According to data from Savills Vietnam, it is estimated that startups in the field of real estate technology attracted investment of 10 billion USD in 2016 and this number increased to 44 billion USD in 2019. These companies mainly provide technological solutions for the building, from the construction of the foundation to the improvement of the techniques, provide the necessary research to achieve the highest efficiency in management, reduce the emissions of the building, bring the best experience to the tenants and at the same time economic benefits for investors.