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Using Big Data Analytics For Energy Savings Posted on : Aug 31 - 2015

This means facility managers are facing increasing pressures to reduce the carbon footprint of their buildings and move to a more sustainable operating model. Throw in an ageing infrastructure, reduced budgets and rising energy prices, and it's clear facility managers are facing challenging times ahead.

Right now, many facility managers have yet to take advantage of big data in a way that can benefit them greatly. Cost effective cloud-based storage and processing power provide increasing opportunities for facility managers to leverage the big data generated by today’s building management systems for the better. Big data analytics offer a genuine opportunity to “change the game” in the way building information is managed and decisions are made. Data can be used to reduce operating and maintenance costs, improve building comfort and save energy. When fully utilised, big data offers facility managers many advantages, including intelligent information about a facility’s operational performance and energy use that can help identify root causes and correct deficiencies in buildings.

The use of big data analytics is crucial to the maintenance and cost efficiency of running a facility. Use of analytics within buildings is growing rapidly in Australia and globally across commercial property portfolios, healthcare networks, tertiary education campuses and a variety of other buildings, mainly because of the energy savings and results it is providing. For buildings that install the right big data analytics tools, it allows them to make informed decisions when it comes to addressing problems and repairing equipment before critical failure.  View more