The best way for building owners and facilities managers to make Internet of Things (IoT) technology effective involves thinking first about what this technology can accomplish for their particular situation. When looking at creating a smart system with advanced automation, IoT devices should be chosen with careful consideration of the problems they are meant to resolve and the practicality of any possible solutions in each building. By identifying specific objectives, you can make better decisions about which technologies to introduce.
In August 2020, Toronto-based TD Bank Group announced its intention to become a leader in sustainability by helping other businesses finance their own transitions to a low-carbon economy. This decision followed its 2008 commitment to become carbon neutral, which resulted in an asset portfolio that included 100 LEED-certified locations as well as two branches and an administrative building that require zero net energy. Now, TD plans to dedicate $100 billion to lending and financing low-carbon projects, internal asset management, and corporate programs to support these efforts.
Throughout the Coronavirus pandemic, Internet of Things (IoT) technology has provided important tools for countless industries. IoT enables doctors and other healthcare workers to diagnose and treat patients remotely, deliver vital medical equipment and medicines to remote areas, and IoT-enabled robots are even helping keep healthcare facilities clean, reducing the risk of transmission. Office buildings are turning to IoT devices to monitor air quality to prepare buildings for reopening and keep occupants safe. IoT sensors are increasingly being paired with intelligent analytics in all types of commercial buildings to improve fault detection and diagnostics to allow for remote monitoring and to minimize the need for on-site personnel.
Deployment of Internet of Things (IoT) devices in commercial buildings and the universal network connectivity of equipment is increasingly investigated and pursued by owners, facility managers, and contractors. Their impact on building automation systems can be significant, opening up opportunities for improved efficiency, better operational performance, and enhanced occupant comfort. But security concerns should be considered carefully to ensure the introduction of these technologies does not create new vulnerabilities.
In 2019, the U.S. Cybersecurity & Infrastructure Security Agency, a division of the Department of Homeland Security, issued a clear advisory about Optergy’s Proton/Enterprise Building Management System after finding that “successful exploitation of [specific] vulnerabilities could allow an attacker to achieve remote code execution and gain full system access.”