Automated Buildings‘ Ken Sinclair’s June theme delivers well-explained reasons why we need to re-zero our IoT aim towards the bigger target area: “There is a “3-30-300” rule of thumb that organizations typically spend approximately $3 per square foot per year for utilities, $30 for rent, and $300 for payroll. While these figures are just archetypes, they are useful in providing an order of magnitude between the three areas of expenditure.” Seems simple enough. The growing contextualization within the space, allows for greater productivity within the space, and our driven effort to emphasize and realize greater energy savings, while not misguided, is only the tip of the value iceberg.
More from Ken Sinclair’s editorial “New Measured Variables; Health, Wellbeing, & Productivity”
Creating value in the $300 part of the “3-30-300” rule
Our industry has always been about controlling measured variables, but in the past these have been the likes of temperature, pressure, flow, and other physical things.
The Internet of Things or IoT is now connecting us to new measured variables in our buildings “the occupants,” via cell phone apps and social media feedback, while displaying all our interactions and visualizations in the very accessible cloud.
There is a “3-30-300” rule of thumb that organizations typically spend approximately $3 per square foot per year for utilities, $30 for rent and $300 for payroll. While these figures are just archetypes, they are useful in providing an order of magnitude between the three areas of expenditure. According to the 3-30-300 model, the greatest financial savings from greening a workplace is not energy but in productivity. Click here for complete read.
Automated Buildings June Articles:
Applying All the Laws of 3s to See the Future, Alper Uzmezler, BASSG & Therese Sullivan, BuildingContext
The Trillion Dollar Opportunity, Brad White, SES Consulting Inc.
Machine Learning in HVAC Controls, Mike Donlon, Computrols
HVAC Controls Productivity Challenges and Opportunities, Maury Costantini Jr., KlowdBuilder
Cut Through your BACnet Complexity, Daniel Ronald, Optigo Networks
IoT Opportunities in Commercial and Industrial Buildings, Dr. Julien Stamatakis, Senseware, Inc.
Monitoring the Inert: Envelope, Structure, Jim Sinopoli, Smart Buildings LLC
What Are Your Smart Devices Connected To? Fred Gordy, Intelligent Buildings, LLC
Integration is not the future, James Palmer, North Building Technologies Ltd
Data Driven Building Management, Jason Burt, Buildpulse
Making Your Plant a Value-Generating Asset, Chirayu Shah, Conserve It
Information is the New Utility in Smart Buildings, James McHale, Memoori
Web-Enabled DALI® Programmable Lighting Solution, Mike Welch, CNS
K.I.S.S, Joe Moore, ESC Automation
Data Wrangling for Energy Performance, Jack McGowan, The McGowan Group