Smart Tech For Building Retrofits: What Are The Viable Strategies?

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Executive Summary

This report helps facility managers and building technology vendors understand the viable strategies to increase the performance of existing buildings. With over 80% of buildings in many developed countries now over 25 years of age, building owners, tenants and investors look to better understand how to make their existing buildings more efficient and engaging for occupants. Based on our recent research into the evolving visions and technology ecosystem for future smart buildings, this report outlines the critical questions that building managers must answer when identifying suitable retrofit strategies. The report identifies the six promising strategies and associated technologies to make existing buildings more efficient and engaging for occupants. The options reviewed in this report include both zero-capital approaches, which are based upon analysing existing building data to identify any inefficiency, and those that analyse very granular facility data to inform strategies such as better fault detection and predictive maintenance.

Table of contents

Smart Tech For Building Retrofits: What Are The Viable Strategies?
The Building Retrofit Puzzle: How To Find Projects That Deliver Sufficient Efficiency And Worker Productivity Benefits   
Five Decision Points For Building Managers When Selecting Smart Building Tech For Retrofits 
Six Viable Strategies To Smarten Up Existing Buildings

Table of figures

Figure 1. Four Commercial Models For Investing In Building Retrofits
Figure 2. Decision Tree: How To Find The Right Building Retrofit Strategy

Organisations mentioned

Accruent, ARCHIBUS, Artis Energy, Asure, Barclays, Bringme, CEC, Chili’s, Condeco, CREE, CrowdComfort, ENTOUCH, FM:Systems, Forest City, Fresh & Easy, Gantner, Honeywell, Hilton, iOFFICE, Mapiq, MCS Solutions, Nedap LoXS, OVG Real Estate, Panoramic Power, Philips, Planon, RedstoneConnect, RICOH, Rifiniti, Schiphol Airport, Schneider Electric, Smart Buildings, Switch Automation, Target, Teem, Trimble, TU Delft, UBM, Unilever, US Department of Energy, Verisae.

About the author

Susan Clarke

Principal Analyst

Susan is a Principal Analyst in the Verdantix Real Estate, Energy and Facilities Optimization Practice. Her current research agenda focuses on integrated solutions for real estate management and energy services. Susan has eight years of experience in technology research. She holds a MSc from the University of London in Sustainable Development.

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