At the speed current technology is developing these days it’s common for businesses to miss out on some of the technology available. One area where this is especially true is in commercial building management, where tracking, optimization, and clever programming can bring massive cost savings.
Take Microsoft® for example, whose middle management found themselves wasting huge amounts of time and money searching for available conference rooms. Through the use of Crestron building management reporting, they discovered that over 70% of Microsoft® meetings had below 10 attendees, hardly using up the capacity of a full conference room. By gaining access to this metric they immediately realized what was causing the issue. Employees wanted spaces to collaborate on projects and were using the full-sized conference rooms for this purpose because there were no other spaces available.
In a subsequent new build, they decided to put this insight into action and designed several smaller ‘huddle’ spaces that were dedicated collaborative environments and fewer full-size conference rooms. Besides facilitating happier and more productive employees, this insight helped Microsoft® realise a cost savings of over $250 000 in building materials. Given this success, its no surprise that Microsoft® decided to follow this approach on subsequent build projects which has resulted in a collective savings of over $1 million to date.
Another example of how metrics can be used to gain powerful insights can be seen with the Four Seasons Hotel energy crisis in Chicago. After spending over $1 million on energy bills every year they decided it was finally time to investigate the power consumption of the guest’s rooms. After installing the Crestron Fusion energy management tracking system, they found that over half of the energy consumption was accredited to the HVAC system which included consumption during times when the guest’s rooms were unoccupied.
To resolve this issue the Crestron Energy Management System was programmed to integrate the HVAC with the Guest Management System at the hotel, automatically turning off the HVAC when a room was unoccupied. Through this integration, the hotel was able to reduce the run time of the HVAC units by 2.5 hours per day without having any impact on the experience of the guests. This resulted in a savings of over 27% which meant a full return on investment in less than 3 years.
In the examples of Microsoft® and The Four Seasons Hotel above it is evident that through the use of modern building management tools that track usage efficiently it’s quite possible to both increase profits and gain a better understanding of the inner workings your business.
Are you leveraging technology to make smart business decisions? Chat with our commercial energy management team to learn more about what you can do to track usage and optimize energy consumption.