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Optimal BMS to net record savings for building owners, says expert

April 8, 2021
real estate

Building management/ automation systems (BMS/ BAS) are the backbone of a real-estate portfolio’s lifecycle, said Netix Global, a IoT and AI based building automation solutions provider and a subsidiary of SB Group International.

Often cited as the critical enabler of optimal performance, automation capabilities keep assets across a building portfolio running optimally, for longer.

However, across a building’s lifecycle, as occupants and service personnel change and equipment is either added or retired, existing BMS solutions are often rendered ineffective. Today’s building portfolios are often complex, and employ highly inter-dependent systems that can significantly impact performance, stated Netix Global.

Headquartered in Hoofdorp (Netherlands), Netix Global is a vendor neutral iIBMS automation solutions provider, with a strong focus on sustainable smart buildings, smart cities and energy efficiency.

Building on the strengths of an open framework and IoT technology driven approach, Netix Global BV is a premier provider of best-in-class building automation systems, solutions and services.

An improperly maintained BMS results in elevated energy and equipment maintenance costs, said its top official.

'While high energy use is often accepted as an unavoidable operational expense, it is also the best area for cost reduction,' remarked the Group CEO Sanjeevv Bhatia.

'Typical annual savings on energy consumption can be as high as 30% with a well-maintained BMS. For instance, if your utility cost is $300,000 a year, a fully optimised BMS can save you up to $90,000 per annum,' stated Sanjeevv.

Achieving optimum building performance requires all equipment and systems to be performing effectively and efficiently. However, as legacy systems age, ensuring their upkeep becomes more difficult, especially if the system requires costly and customized solutions. With a wholesale replacement of assets too expensive to justify, upgrades are often overlooked.

According to him, the next generation of digital solutions is now addressing these limitations, adding to their value proposition with an open protocol approach to BMS.

'Smart upgrades to legacy building management systems accrue cost savings from day one, and offset the capital expenditure involved in a relatively short period. With open protocol solutions, real estate businesses can take advantage of the best Proptech features in the market,' stated Sanjeevv.

Rather than only relying on outdated legacy hardware, newer systems can automate, inter-connect, and consolidate a multitude of automation systems for a more efficient, smarter building system, he added.

The smart BMS upgrades advocated by Netix Global also have the advantage of being able to optimise all assets in a building portfolio from one central command and control center.

'We have often seen two identical buildings, with similar occupancy levels, in the same portfolio, show vastly different energy consumption, with energy bills sometimes being almost double that of the other,' explained Sanjeevv.

'In instances such as this, integrated building management solutions is the inevitable next step to improve operations, ensure business continuity and drive significant cost savings in the long run,' he added.

According to him, achieving optimum asset performance, sustainability, cost-effectiveness and end user experiences requires an integrated approach that monitors and manages all automation across a portfolio, in real time.

A well-maintained and agile BMS solution can be the most effective way to optimize real estate operations and enhance property value in the long run, he added.