Modern buildings are complex structures with multiple systems controlling lighting, heating, ventilation and air conditioning (HVAC), waste disposal, and security. In most traditional buildings, even new ones, such systems exist in silos. This produces ineﬃciencies in energy consumption, building usage and cost eﬀectiveness. It also results in lower quality of services.
By contrast, smart buildings take advantage of new technologies to connect these pieces and systems in an integrated, dynamic and functional way, and not simply to reduce operating costs. System integration within smart buildings also increases sustainability, safety and productivity, while improving the quality of life for those who work and live inside their walls over the structure’s long life cycle. Consequently, it is expected that annual expenditures on smart building applications that integrate operational functions, as measured by equipment supplier revenues, will boom in the near future.