SMArT FACTOrIeS
FInancIng SMart buILdIngS...
Mark McLoughlin, Siemens Industries and Markets, Siemens Financial Services looks at the benefits arising from smart buildings conversion in the manufacturing sector and explores how the transformation can be made financially sustainable.
work and public service are clearly changing as a result of the crisis and its aftermath. With this, the way in which we use public and commercial indoor spaces has been profoundly altered, shining a light on the need to optimise the hygiene, safety and energy efficiency of buildings. Many factories are either ramping up production or pivoting processes to support urgent product needs. Others are adapting at speed to maintain any form of throughput. Making buildings smart allows this flexibility – whether from the perspective of agile changes of use, security and safety, or enhanced ability to morph to volatile circumstances. Indeed, there is a “perfect storm” of factors
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which are coming together to simultaneously drive change and make buildings smart. Firstly, the economic pressures resulting from the pandemic are focusing minds on ways of
OVID-19 has caused a crisis for building owners and landlords – both in the public and private sectors. Patterns of
achieving building management cost efficiencies (especially through energy efficiency). At the same time, COVID-19 has introduced new rules and ways of working to ensure hygiene, infection control and safety in buildings. Alongside these topical pressures are existing and emerging regulatory requirements that make fire and security upgrades mandatory. And various policies around the world are setting targets to reach higher environmental standards in buildings. Smart buildings deploy automated and
digitalised technology to enable more efficient, more effective building capabilities and management. The data generated by IoT sensors provide real-time information for quick reactions. Smart technology helps transform the building from a cost burden to an active contributing partner – a new team member – in running a business or a public sector organisation and coping with the “new normal”. This whole new perspective is making building
10 JUNe 2021 | FACTOrY&HANDLINGSOLUTIONS
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