5G COULD REVOLUTIONIZE SMART BUILDINGS

David Trice, General Manager of Honeywell Connected Buildings, feels that something preventing smart buildings’ huge success today is access to a network, which could be sorted out by having a protocol like 5G

- Sunil Rajguru

The problem with smart buildings

Maybe smart building is too broad a definition. If you look at the size of the market through the lens of buildings that have installed a BMS (Building Management System), it is probably no more than one-fifth of all buildings in the world in the context of commercial real estate. What remains are buildings that haven’t installed a BMS nor are smart yet. I think we’ve still got a bit of technological evolution to get to a point where making smart buildings is truly scalable. It’s also an interesting dynamic because in some cases, builders are not going to ever own the property, they’re going to hand it over to somebody else. In America, we’ve got the same thing happening where we’ve got people make buildings at the lowest cost possible and they make decisions that are not influenced by smart technology.I think that’s a universal problem. In America, they’re very interested in predictive maintenance, not only for the Asset Lifecycle Management but also to remove labor costs.

Setting a data standard