Disruptive Technology and Data
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The document discusses disruptive technology trends in smart buildings and data analytics. It describes how machine-to-machine communication and the "Internet of Things" is growing exponentially and will generate significant economic benefits. Smart building technologies are becoming more affordable and can improve efficiency, risk management, and cost savings through real-time data analytics. "Dark data" refers to unused data that organizations collect, which could provide new insights if analyzed. The presentation provides examples of how real estate and facility management companies can leverage new sources of data to optimize operations and inform decisions.
Disruptive Technology and Data
- 1. Dan Probst, Chairman of Energy & Sustainability Services, Jones Lang LaSalle David Sawdey, Director of Business Intelligence, Jones Lang LaSalle Disruptive Technology and DataTechnology
- 2. Discussion Agenda • Smart Technology - Machine-to-Machine/M2M - Smart Buildings • New Data Probst, Chairman of - Business Intelligence - Data Aggregation 2
- 4. Machine-to-Machine • “ICT”“M2M”“Industrial Internet”“Internet of Things” • 1.3 billion connected devices today – 12 to 20 billion in 2020 • 23% annual growth rate for next 10 years - $948 billion industry by 2020 • Gartner Research – Top 10 Strategic Technology Trends for 2013 – “Internet of Things” is #4 • Carbon War Room – M2M will generate cost savings and new revenues that will add $10 - $15 trillion to global GDP (current size of U.S. economy) 4
- 5. Smart Buildings Are Getting Smarter and More Affordable – No Brainer 5 Real time data and analytics: accessible, aggregated and actionable Higher levels of efficiency enabled through data- driven decision making and execution Technology solutions which were once not affordable, are now affordable and driving measurable returns
- 6. Benefits Accrued Business risk management - Manage downtime risk - Predictive maintenance program - Manage equipment retrofit and upgrade Operational effectiveness - 24x7 Online building performance management - Improved asset management - SME's & skilled building engineers - Dispatch as required to MES or Building Engineer Cost efficiency - Reduce utility expenses - Reduce maintenance expenses - Optimize capital budget process and projections Environmental - Achieve environmental targets - Compliance with building regulations - Corporate Social Responsibility - GHG Tracking & Reporting 6
- 7. Automation & Reporting + 7x24 Support 7
- 8. Business Plan Justification 8 Energy Savings –10% - 25% Building Operating Personnel Productivity • Large facilities with dedicated building operating engineers • Small facilities serviced by mobile technicians Occupant / Tenant Satisfaction
- 9. 9 M2M Property Solutions: IntelliCommand
- 10. 10 ROI
- 13. What Is Dark Data? • Dark Data is all the data that is hidden on hard drives and email boxes and goes unused today; Data an organization gathers that is not part of their day-to-day operations. • Data Exhaust is data that is created through everyday transactions that goes unused or is thrown away – deal transaction information. 13
- 14. the FACTS about the FACTS • 90% of the world’s data has been created in the last two years alone • The world’s information is doubling every two years • 96% percent of that data is locked behind secure firewalls • Only 0.5% percent of all data is being analyzed • By 2020 the world will generate 50 times more digital data
- 15. Five Ways Data is Changing Competition 15 What happens in a world of radical transparency, with data widely available? If you could test all of your decisions, how would that change the way you compete? How would your business change if you used data for widespread, real-time customization? How can data augment or even replace management? Could you create a new business model based on data? 1. 2. 3. 4. 5.
- 16. Making it Real for Real Estate • What if we could … • Narrow the uncertainty and volatility of our portfolios • Provide insight into workplace productivity and satisfaction drivers • Measure the return on capital investments • Significantly reduce unplanned reactive work • The benefits are obvious: 16 Get deeper insight in business Improve productivity and efficiency Informed decision making Analyze data in business- meaningful ways Optimize cashflow and increase profitability Improve customer service and satisfaction Enforce regulatory compliance Increase flexibility and agility Streamline budgeting and planning Enhance team sharing and collaboration
- 17. Dan Probst Email: Dan.Probst@am.jll.com Phone: (312)228-2859 LinkedIn: www.linkedin.com/pub/dan- probst/a/74a/aa6 17 Dave Sawdey Email: David.Sawdey@am.jll.com Phone: (312)228-2253 LinkedIn: www.linkedin.com/in/davesawdey Twitter: @DaveSawdey