What defines scalability in your organization? Is it your ability to respond to changes in your customer base, or does it involve everything?
Thinking about scalability inherently means being able to secure profit margins regardless of your company’s overhead costs, and more companies have turned to energy management and new smart building technologies to reduce these costs. During which, the Internet of Things (IoT) powers sensors that indicate and identify key issues in facilities management. But, you also need to think about how a smart building platform, such as ENTOUCH.ONE, can provide value beyond initial energy savings.
Technology and energy management systems (EMS) put the power of the masses in your hands to enhance energy efficiency and reduce costs.
1. It Boosts Competitive Advantage
Customers want to be comfortable. Multi-site retailers need to have dependable facilities management systems in place. The rise of the IoT means that more information is being accrued daily, giving your competitors ways to increase their profit margins without increasing their expenses. In fact, more than 86 percent of retail companies already have or are in the process of deploying smart energy management systems, otherwise known as smart building solutions or intelligent systems. If your competition is already reaping the benefits, why should your organization continue to struggle?
2. Identification of Issues Eliminates Energy Waste
If you had to guess, how much would you say your organization spends on wasted energy?
The answer is surprising. Per the U.S. Department of Energy, up to 30 percent of energy costs reflect wasted energy. This means that for every dollar spent, $0.30 goes out the door. Imagine that waste being redirected into investments in your company. This could offset lulls in business, giving your company the opportunity to serve more customers and grow.
3. Integration Promotes Real-Time Responsiveness to Problems
More systems are connected today than ever before. An HVAC system may hide a malfunction to the naked eye, but integration gives facilities management professionals an inside view into the overall health of distributed equipment. Thus, problems can be immediately identified, meaning faster response and repair. Of course, it also leads to “predictive” preventative maintenance scheduling, eliminating the risk for equipment failure where it begins.
4. Energy Cost Accounting and Measurability Inhibits “Errors”
Face it; everyone makes mistakes at times. Even the computer systems of your electricity company may be susceptible to error. Rather than taking your utility bill at face value, leveraging smart energy management you can compare your actual energy usage against your utility bills in real-time. If an issue or discrepancies exists, you have the tools and resources needed to reconcile the incident. Meanwhile, you still reap the benefits of increased energy efficiency.
5. Think of Indirect Benefits from Partnering with a Smart, Connected Energy Management Solution Provider
The last way a smart energy management reduces costs is not direct. Consider the tax breaks and financial benefits your company could receive when you reduce your carbon footprint and actively work to improve the energy efficiency in your facilities. Furthermore, your company might just win an award for commitment to sustainability, driving the positive image of your organization forward.
The ball is in your court. The technologies are easy to implement and can be integrated with your existing systems. Let ENTOUCH handle the implementation and management for you, and you can rest assured knowing that your company will be among the industry leaders in energy efficiency and reduced facilities costs. .