Places People Prefer

The Office
Agenda

The Office Agenda brings together our extensive insight into what makes an office that people – from employees to the board – prefer.

Places People Prefer

The Office
Agenda

Technology

Smart buildings: the professional view

The results of a survey give an insight into how property professionals view the trend for smart office buildings

Smart offices are fast climbing the list of potential winners in the ‘internet of things’. Plenty of businesses are pondering the benefits of an office building that will think for itself, but few have yet had the experience of occupying a truly smart office – a building that uses data and technology to optimise its management systems, and that is capable of learning in order to predict outcomes and take proactive, autonomous decisions.

Law firm Charles Russell Speechlys’ report, The New Real, shows that those working on all sides of the office property equation are excited about the potential of smart buildings. However, the survey of more than 270 senior property professionals highlights that there’s quite a way to go in actioning the opportunities, and there are some concerns that need to be addressed, particularly around exploiting and securing the data produced by smart building systems.

59% think smart buildings will deliver business gains beyond energy efficiency

Here are five key findings of the survey:

61% say they are only just now considering what to do, or taking small steps to adapt to the trend for smart buildings, while only 14% claim to have taken ‘significant’ action

59% of those interviewed think smart buildings will deliver business gains beyond energy efficiency

72%
expect to achieve financial gain from using data collected by the built environment

73%
find it challenging to quantify the gains smart buildings provide for improved employee health and wellbeing

87%
of occupiers and building owners are concerned that the increased use of smart systems in buildings may increase the risk of businesses being hacked through the building

Xavier Walker, Chief Information Officer and Head of Technology at British Land, comments: “We believe that smart buildings offer a more productive and efficient way of using space, with tangible value on offer for occupiers who adopt these spaces – including productivity gains, enhanced staff wellbeing and attractiveness to talent, as well as the more obvious energy efficiency and environmental impact gains.

“Of course, it’s still relatively early days for smart buildings, and there are some exciting challenges and opportunities that providers of smart offices need to address, particularly around the huge amounts of data such buildings generate. I’m looking forward to seeing an explosion of debate and technological development in this area as more occupiers consider the many positive benefits their future workspaces could bring to their businesses.”

Click here to read the full report

Tagged in: DATA, ENERGY EFFICIENCY, SMART BUILDINGS, WELLBEING

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