The future of real estate is here: Takeaways from the 2016 Building Energy Summit®

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On March 16, the Building Energy Summit® in Washington D.C. brought together real estate, energy and technology professionals to explore what the technology revolution means for the industry. Experts discussed a wide range of topics, from Real Estate beyond the Digital Age to the impact of the Paris Agreement. Below, Darlene Pope calls out three key takeaways from the discussions at the Summit. 

There’s no question that technology is disrupting the way that business is done – and it’s transforming the world of commercial real estate. It’s changing how your buildings operate and how your people work – and it’s requiring your business to adapt accordingly.

The opening session panelists, from left to right: Darlene Pope, JLL; John Baekelmans, Cisco; Doug Rath, Marriott International Inc.; and Maureen Ehrenberg, JLL

 

So, what key points should you keep in mind as you prepare to future-proof your real estate strategy?

  • Building automation is important – but integration across your building systems is where you can unlock the greatest return on investment. In a smart building, a centralized network integrates the building systems so they can share data and operate at peak efficiency – transforming the way your building responds to the real-time needs of your occupants, and driving improved efficiencies, cost savings, and comfort in the process.
  • The benefits of smart buildings go well beyond energy savings – allowing you to deliver a better overall experience for your employees (and drive productivity as a result).  In today’s web-based, apps-driven economy, employees expect a more interactive and innovative workplace – which smart building technologies enable your organization to deliver. Employees are the most important (and expensive) business asset – and taking a strategic approach to smart building technology can help companies maximize the investments they’ve made in people by improving worker productivity and tenant satisfaction.
  • Smart building systems are designed to collect massive amounts of real-time data – which means that data management and governance is more important than ever before. Taking a disciplined approach to collecting, managing, and analyzing your data is crucial to success. Adopting data standards – such as OSCRE and Haystack – and implementing common naming conventions or asset classifications can help you to leverage your smart building data most effectively.

Interested in learning more about the 2016 Building Energy Summit? Check out 5 Things We Learned at the 2016 Building Energy Summit® from Work Design Magazine and watch Real Estate beyond the Digital Age, the Summit’s opening session featuring executives from JLL, Marriott, and Cisco. 


 

PopeHeadshotDarlene Pope is Senior Vice President for Energy and Sustainability Services (ESS) at JLL. Darlene has more than 25 years of experience in commercial real estate, technology, and smart building solutions. Darlene founded smart building consulting and solutions business CoR Advisors in 2009. She is a nationally-recognized author and speaker on intelligent buildings, energy management, green buildings, sustainability, and other real estate technologies, and was recently named one of Bisnow’s Power Women in Commercial Real Estate. 

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