Study: Smart buildings make good business sense
"Smart buildings are not just a trend; there is growing recognition they are a necessity for modern commercial real estate," said Vijay Sankaran, VP and chief technology officer, Johnson Controls. "This report highlights the urgent need for integrated systems and expert partners to navigate the complexities of today's commercial real estate market to achieve long-term success."
Other key findings from the report are below.
•Competitive Differentiator: Investing in smart buildings is a competitive differentiator. Smart buildings not only help commercial real estate and retail leaders attain sustainable, secure and efficient outcomes, but they also competitively differentiate their facilities in the market.
•Vital Insights: Building data is crucial for decision-making across various departments, including security, sustainability and facilities management, and many leaders recognize the current risks they face by having limited data.
"As a leader in the smart buildings industry, we have a comprehensive understanding of how connected, data-driven solutions provide deeper insights into a building's performance and how we can optimize equipment performance and enable proactive services," said Julie Brandt, president of building solutions North America at Johnson Controls. "This report confirms what we're already hearing from our customers, that smart buildings are foundational to the design, operation, and maintenance of indoor environments, ultimately driving value."
The "Cracking The Smart Buildings Code: A Spotlight On Retail And Commercial Real Estate” report builds on a 2023 commissioned study conducted by Forrester Consulting on behalf of Johnson Controls.