Nordicum - Real Estate Annual Finland 2018 | Page 50

I
t makes sense that real estate industry
is deploying digital tools to cut costs –
after all, it has been estimated that real
estate represents the second largest expense
for most companies (with operating costs
accounting for 71% of building ownership).
Add to this, the rather shocking statistic that
buildings worldwide consume a staggering
42% of all electricity – and you can see what
the fuss is about.
Today, digitalisation is driven by data
that can be gathered with growing ease from
safety and security systems, HVAC equip-
ment and controls, energy efficiency pro-
grams... Intelligent sensors, actuators and
similar devices can supply a wealth of data
which – up until now – has mostly been
unused. Smart algorithms can easily eval-
uate trends and recognise patterns in user
behaviour or consumption, and this is laying
the groundwork for better, informed deci-
sions, predictive strategies and continuous
optimisation.
Automatic for the People
Siemens has estimated that by 2030 there
will be 50 billion connected devices within
the Internet of Things. With this massive
50 Nordicum