Rethinking smart buildings: Real estate as an active contributor to business success

Elisa Rönkä
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Elisa Rönkä: Business Development Innovation Manager, Siemens Smart Infrastructure, Switzerland

Corporate Real Estate Journal, 2019, vol. 9, issue 2, 111-120

Abstract: The traditional focus on buildings has been on cost optimisation or maximising efficiency. With new digital solutions, however, buildings can start actively contributing to the revenue generation of an organisation by increasing productivity and fostering innovation at the workplace. In addition, due to the transformation of energy markets into enabling demand response solutions and offering remuneration to consumers of energy for providing demand flexibility, buildings can become generators of entirely new income streams for building owners.

Keywords: smart buildings; user-centricity; future of work; workplace technology; workplace solutions; PropTech; intelligent infrastructure; distributed energy; demand response; virtual power plants (search for similar items in EconPapers)
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:aza:crej00:y:2019:v:9:i:2:p:111-120

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