Smart City refers to mapping out the living space of the future in the Industrie 4.0 era. As advanced countries pursue ‘Zero Emission’ and aim to maximize energy efficiency, the Smart City market has enormous potential.
Smart City is essentially the process of combining the entire city infrastructure with the Internet-of-things (IoT). Smart City brings down energy consumption of cities by about 30% and makes a groundbreaking cut in traffic congestion, leading a drastic change in urban life.
For example, Smart City will examine heating and cooling system demand data of all buildings in the city to decide the city’s energy supply and power generation. Using floating population data, cities can also modify public transport intervals in real-time.
The first step to transform current cities into Smart Cities is connecting Smart Buildings where IT is applied. Taiwan’s skyscraper Taipei 101 reduced energy consumption by 18% and saves $700,000 annually with the adoption of Siemens Total Building Solutions. Worldwide, buildings account for about 40% of global energy consumption. Therefore lowering building energy consumption would contribute significantly towards lowering global energy consumption and solving carbon emission problems.
Interest in maximizing energy efficiency will only increase as awareness of global problems like greenhouse gas, carbon emission, and energy resource shortages grows. Within the next five to ten years, major global cities will develop into Smart Cities.” Siemens is also working on a Smart City business with various stake holders globally. In addition, Seoul City received consulting from Siemens on the Smart City concept last year.
This business is not just for the profit of the company, but for the benefit of society as a whole. It is to make cities more comfortable and safe, and cut back on greenhouse gas emissions and environmental pollution. It is an effort for all of society to take a step closer to the cities of the future.
Unlocking a Building's Potential
Digitalization helps create perfect places for our customers by enhancing the performance of buildings and people through the power of data. It is the unique combination of our people, technology and services that enable us to properly apply the right data – generating actionable insights that positively impact peoples lives and our environment.
Digitalization will “Unlock your Building's Potential” and ask few questions such as …
"Buildings are talking. Are you listening?"
Taking advantage of the building data would require analytical expertise coupled with domain know-how and engineering finesse. This would enable greater value to be generated across the building lifecycle - from design and construction to operation and maintenance.
With deep domain knowledge and years of experience within the industry, Siemens is able to provide building owners and users alike with new levels of transparency and create data-driven insight in order to positively impact an organization’s business goals via people, technology and services.
The Internet of Things in Smart Commercial Buildings
The Internet of Things (IoT) is starting to have a transformative effect on the smart commercial building automation and control. It is disrupting long established business models and offers significant new opportunities to improve the efficiency of buildings, raise employee productivity as well as stimulating the development of innovative services.
Focus is shifting from technology to outcomes as the Building Internet of Things Market starts to mature.
Building owners will demand and building automation & controls companies will be increasingly challenged to adapt their offerings and business models towards delivering complete BIoT solutions and outcomes to address the pain points of building owners, occupiers and enterprise managers.