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Turning Data into Action and Better Business Decisions Jeremy McCullough

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Page 1: Turning Data into Action and Better Business Decisions Data in... · Turning Data into Action and Better Business Decisions Jeremy McCullough Page 2 Typical spend in Opex. phase of

Turning Data into Action and Better Business Decisions

Jeremy McCullough

Page 2: Turning Data into Action and Better Business Decisions Data in... · Turning Data into Action and Better Business Decisions Jeremy McCullough Page 2 Typical spend in Opex. phase of

Page 2

Typical spend in Opex. phase of a commercial office buildingTechnology focus till now has been impacting energy/utilities optimization in building

<<<<<<

$3

/SqFt/year

$30

/SqFt/year

$300

/SqFt/year

-10%$0.3 /SqFt/year

-10%$3 /SqFt/year

+ 1% $30 /SqFt/year

Utilities Real Estate People Work Force is Changing

Dell and Intel found 80% of

Millennials state workplace

technology would effect their

decision taking a new job

World Green Building Council

found 81% of workers have a

difficult time concentrating when

hot and 62% say it takes 25%

longer to complete a task.

Page 3: Turning Data into Action and Better Business Decisions Data in... · Turning Data into Action and Better Business Decisions Jeremy McCullough Page 2 Typical spend in Opex. phase of

World Urban

Population Migration

Electricity Consumption in

Buildings

Number of Connected

Devices in Buildings

2014

1.7B x32020

5.5B

2017

+60%

2035

Megatrends changing the needs of the buildings market…

+2.5Bby 2050

Page 4: Turning Data into Action and Better Business Decisions Data in... · Turning Data into Action and Better Business Decisions Jeremy McCullough Page 2 Typical spend in Opex. phase of

UnrealizedPotential

RealizedPotential

58%

42%

Industry

79%

21%

Infrastructure

82%

18%

Buildings

Source : World Energy Outlook 2012, OECD / IEA, Internal analysis

We have massive untapped efficiency potential

Page 5: Turning Data into Action and Better Business Decisions Data in... · Turning Data into Action and Better Business Decisions Jeremy McCullough Page 2 Typical spend in Opex. phase of

Conditioned Based Maintenance

•Traditional maintenance fails to address almost 80% of failures

preventively.

•Use smart assets, sensors, connectivity and FDD to predict eminent

failure and act just in time.

•Automated Fault Detection and Diagnostics (FDD) monitors thousands

of sensors, comparing actual operation against expected based on site-

specific sequences to predict faults and identify better operating

methods.

•BEST PRACTICE: Utilizing FDD and conditioned-based maintenance

within service plans maximizes the impact of service maintenance

spend.

Evolving beyond traditional maintenance practices to leverage IOT to become predictive

http://www.arcweb.com/Lists/Posts/Post.aspx?ID=260

ARC studies show only 18% of asset failure is age

related. Based on these data, preventive maintenance

provides a benefit for just 18 percent of assets, and

monitoring for Predictive maintenance is recommended

option for the rest

Page 6: Turning Data into Action and Better Business Decisions Data in... · Turning Data into Action and Better Business Decisions Jeremy McCullough Page 2 Typical spend in Opex. phase of

Automated Fault Detection & Diagnostics (aFDD)

aFDD enables you to convert building automation and meter data into specific,

prioritized issues according to their dollar value or comfort and maintenance

priority on an equipment by equipment basis. Additionally, remote bureau and data

scientists provide expert consultation on the results of regular reporting.

aFDD Helps You:

• Prioritize issues based on Energy, Comfort and Maintenance on a

1 to 10 scale

• Associate costs with every diagnostic finding

• Drill down to the root cause of problems with automated

troubleshooting guidance

• Quickly assign actions, create tasks and track progress on

diagnostic findings

Page 7: Turning Data into Action and Better Business Decisions Data in... · Turning Data into Action and Better Business Decisions Jeremy McCullough Page 2 Typical spend in Opex. phase of

Monitoring-based Commissioning (MBCx)

MBCx provides performance trends with cost associations illustrating which

building and equipment have faults or inefficiencies over time. Additionally,

remote bureau and data scientists provide expert consultation on the results of

regular reporting.

MBCx Helps You:

• Identify capital improvement projects and equipment upgrades to realize

ongoing cost savings

• Target key issues impacting system performance

• View avoidable costs associated with repair and maintenance needs and

operational changes (e.g. adjustment to control sequences or faulty dampers

and valves)

• The impact of faults and opportunities in terms of cost, Energy, Comfort and

Maintenance priority can be viewed over time to observe and analyze trends.

Examples of findings:

• Sequence deviations

• Simultaneous heating and cooling

• Manual overrides

• Excess reheating

• Trends in chiller efficiency

• Short cycling

• Leaking valves, broken dampers

• Opportunity for higher/lower loop set

points

• Opportunity for static pressure reset

• Suboptimal economizer controls

• Poor occupancy scheduling

• Excessive zone temperature set points

• Recurring alarms

• Duration of alarms

• Sensor issues

Page 8: Turning Data into Action and Better Business Decisions Data in... · Turning Data into Action and Better Business Decisions Jeremy McCullough Page 2 Typical spend in Opex. phase of

Disruptive technologies driving IoT in buildings create opportunity…

ANALYTICSCLOUDMOBILITY SENSING CYBER SECURITY

Opportunity to leverage data and

take action to make your building

smarter.

“IoT isn’t a technology

revolution, it’s a Business

Revolution enabled by

technology”

Sam George, Microsoft

Page 9: Turning Data into Action and Better Business Decisions Data in... · Turning Data into Action and Better Business Decisions Jeremy McCullough Page 2 Typical spend in Opex. phase of
Page 10: Turning Data into Action and Better Business Decisions Data in... · Turning Data into Action and Better Business Decisions Jeremy McCullough Page 2 Typical spend in Opex. phase of

From Data to ImpactThe Path to uncovering the “Aha” moments

Turn data into action

Connect Collect Analyze Take Action

Connect everything

from shop floor to

top floor

Capture critical data

at every level, from

sensor to cloud

Convert data into

meaningful analytics

Drive action through

real-time information

and business logic

Close the loop

Page 11: Turning Data into Action and Better Business Decisions Data in... · Turning Data into Action and Better Business Decisions Jeremy McCullough Page 2 Typical spend in Opex. phase of

Smart Building Design Impact

More

Comfort & Productivity

• 33% fewer Complaints

• 35% reduced Sick Leaves

• 15% reduction in Productivity leakage

• Fort Gary Hotel

• World Green Bldg Council

Increase

Value of Buildings• 6% additional Rental value

• 15% premiums in Building Price

• Journal of Sustainable Real

Estate, US DOE, American Real

Estate, UNEP FI, Green Bldg

Market Barometer, American

Economic Review

Source

Maximize

Efficiency of Buildings

• 20% increase in Energy Savings

• 25% less Maintenance Costs

• 15% improved Space utilization

• 30% faster Deployment

• Customer case studies

• The Edge – Amsterdam

Page 12: Turning Data into Action and Better Business Decisions Data in... · Turning Data into Action and Better Business Decisions Jeremy McCullough Page 2 Typical spend in Opex. phase of