NAVIGATING THE "NEW NORMAL" AMID COVID-19

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Realcomm Smart Building Panelists Agree – Tech Investments Now Enable Resiliency Tomorrow

Realcomm Smart Building Panelists Agree – Tech Investments Now Enable Resiliency Tomorrow
June 12, 2020 Lily Backer

Carbon Lighthouse EVP of Technology and Engineering Matt Ganser recently participated in a Realcomm panel alongside CRE leaders from Distech, Enlightened, Oxford Properties, and Kingsett Capital to discuss operational efficiency, health, and sustainability amidst the new normal of the COVID era. This unique convergence of owners and service providers sparked an important conversation about how we can leverage advanced technology and deep data in our buildings to help solve immediate- to long- term portfolio challenges.

Whether it’s cracking the code to ESG reporting or strategies to protect public health and safety in prep for re-openings, panelists agreed that technology investments would give them the best opportunity to make the most informed, strategic decisions.

Teresa Warner, SVP of Retail at Kingsett Capital explained her firm’s decision to build a Smart Building system from the ground up has afforded them confidence knowing they’re future proofing their assets. Oxford Properties and Kingsett Capital began investing in Smart Building programs in 2012 and 2018 respectively. Each discussed how they have benefited from having strong technology infrastructure to ensure they have visibility into operational efficiency, all while ensuring the tenant experience is preserved.

Carbon Lighthouse’s tech-enabled  Efficiency Production model calculates Efficiency Reserves – or wasted energy hidden across HVAC and lighting systems. Our patented AI platform CLUES® then translates those inefficiencies to optimize operations and grow asset value across an entire portfolio. While COVID might be the catalyst driving more urgency around technology investments, panelists noted that these investments will have benefits that long outrun COVID. As ASHRAE and the CDC release updated building recommendations, owners with existing visibility into their building management systems are able to make informed, data-backed decisions into how these new procedures will impact HVAC operations and project utility spend. And looking ahead, this same data will inform shifts in portfolio strategies and enable assets to quickly pivot as business priorities evolve.

Ultimately, implementing dynamic technology that delivers insightful, actionable  data will allow you to handle any curve ball thrown at you in the future.

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