The Journey

While it's challenging to pinpoint specific reasons why some businesses haven't started their smart building journey, here are five common factors we initially encounter that may contribute to the delay:

Cost concerns: Implementing smart building technologies often requires a significant upfront investment. The cost of upgrading infrastructure, integrating systems, and installing IoT devices can be a barrier for some businesses, especially smaller organisations with limited budgets.

Lack of awareness and understanding: Many businesses may not be fully aware of the benefits and potential of smart building technologies. They may lack understanding about how these technologies can improve energy efficiency, optimise operations, and enhance occupant comfort and safety. Lack of awareness can lead to hesitation in embarking on the smart building journey.

Complexity and technical challenges: Implementing smart building solutions can be complex, requiring expertise in multiple areas such as IT, building systems, and data management. Some businesses may lack the internal technical knowledge or resources to navigate the complexities, which can deter them from starting their smart building journey.

Legacy systems and infrastructure: Older buildings often have outdated infrastructure and legacy systems that may not be compatible with modern smart technologies. Retrofitting existing buildings to accommodate new systems can be a complex and costly process, making it challenging for businesses to kick-start their smart building initiatives.

Prioritisation and competing initiatives: Organisations often have multiple priorities and projects vying for attention and resources. Smart building initiatives may be deprioritised in favor of other pressing business needs, such as operational efficiency, revenue generation, or customer acquisition. This can delay the start of the smart building journey.

It's worth noting that while there may be barriers to starting the smart building journey, the benefits and potential long-term advantages often outweigh the challenges. As technology continues to advance and costs decrease, more businesses are expected to embark on their smart building journey to enhance their operations and create sustainable, efficient environments.