Owner occupied buildings also face many issues:
- Comfort complaints – work spaces are too hot or too cold
- Increasing energy costs – energy costs going up year-after-year
- Ever stricter and complex environmental regulation
- Shortage of trained building engineers – A generation of building engineers are nearing retirement with few new qualified candidates available to replace them
- Difficult to manage a portfolio of mixed building types and EMS vendors – Portfolios frequently grow and shrink through acquisitions and sales. Building engineers must deal with a portfolio of holdings, which likely includes a mix of control system. Few engineers have the skills to support all of them
- Minimal available CapEx – Control system improvements often require large CapEx budgets which may take years to justify and finance
- Churn in portfolio ownership – buildings are regularly bought and sold which means building engineers must be comfortable supporting numerous disparate BMS systems
BuildingIQ helps to make buildings smarter and building portfolios less costly to operate. The system parameters are set to optimize HVAC temperatures so tenants stay comfortable while energy costs are made as low as possible.