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

About the author

Susan Clarke

Research Director

Susan leads the Verdantix Smart Buildings practice. Her current research agenda focuses on software solutions for real estate management including integrated workplace management systems and IoT platforms for buildings. Her research expertise also includes a broad range of energy management technologies 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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