Our Top Three Building Automation Technologies in 2023
Published on: November 27, 2023
The building automation systems industry is booming—and with good reason. Here are Kimco’s three favourite building automation technologies right now.
The building automation systems market is on the rise: a new study from Markets and Markets released in November projects a compound annual growth rate of 12% from 2023 to 2028 — reaching $155.9 billion USD. That’s huge! So why the steep interest in building automation, and in a sea of technologies, how do you home in on the best?
At Kimco Controls, we’re passionate about integrating cutting-edge building automation technology into our work in order to help create more responsive, energy-efficient buildings, and we’re constantly evolving our offerings to stay ahead of trends. Here are our top 3 building automation solutions in 2023:
1. Internet of Things sensors and devices
Internet of Things (IoT) sensors and devices are working hard all around your daily life, connecting and communicating with each other to make your life easier. These sensors monitor environmental factors like temperature, humidity, and light levels in real-time and make adjustments accordingly, optimizing your building system.
Why we love it:
- Monitors factors like light, humidity, and temperature in real-time
- Optimizes environmental factors in your building
- Creates a more comfortable, energy-efficient environment with minimal effort
- Aids in trouble-shooting and preventative maintenance
2. Building Energy Management Systems (BEMS):
This technology is the holy grail in achieving sustainability goals while keeping operational costs low. Building energy management systems take all of your building’s vital features like HVAC, lighting, and security and integrate them in order to optimize energy consumption and overall operational efficiency. That insight allows building managers to be more analytical with energy usage and efficiencies through easy-to-see and understand usage patterns.
Why we love it:
- Creates more sustainable, energy-efficient environments while lowering operational costs
- Centralized control and monitoring of multiple vital building control systems
- Identifies energy use patterns, inefficiencies
- Allows for easy implementation of energy conservation strategies
3. Machine Learning and AI
More and more we’re seeing machine learning and artificial intelligence algorithms in building automation systems. These technologies use building data to enhance predictive analytics, fault detection, and system optimization, helping to create more robust and efficient building control systems.
Why we love it:
- Predict equipment failures using building data
- Optimize energy usage based on historical patterns
- Quickly adapt to changing occupancy and usage patterns
- Improve performance and energy efficiency while reducing downtime
Work with a people-first company that’s on the cutting edge of building automation, HVAC, and electrical in the Thompson-Okanagan. See how Kimco can help today.
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