PointGuard’s platform promotes energy efficiency and is one of a select few that qualify for cost-share incentives for any RTEM projects.
“Retrocommissioning always saves money, but there is so much data available via existing systems integrated into building operations that adding IoT can seem overwhelming when FM teams are already spread thin,” said Shannon Smith, CEO of PointGuard, a company that helps monitor and analyze building systems and sponsor of a recent Propmodo report, “How Technology Can Streamline the Retrocommissioning Process.”
Buildings often go through a commissioning process when they are built. But over time, equipment gets replaced or degrades and systems stop working as well as when they were originally designed. That is why retrocommissioning has become an important process for building managers and owners.
A contentious point with many facility management software platforms is that they’re portrayed as able to take care of buildings better than or “equal” to (but with more efficiency and less overhead) than the teams that are and have been running the buildings for years and even decades.
If you’ve had an ear to the news or economists recently, you’ve heard we’re heading towards a downturn. While there are many ways to prepare for such a change, one often overlooked way is building operational expenses. OpEx is seen as sunk costs and unchangeable but, fortunately, that’s not true.
Comfortable people are more productive and there is no bigger building expense than unproductive occupants.
If you have gone to a real estate conference, read any commercial real estate articles or even opened an internet browser in the last year you have likely heard of Artificial Intelligence (which can be henceforth called AI without further explanation at this point I think). Experts in both the technology and property industries have created a steady amount of buzz content around how AI can and is changing how buildings are managed. There is talk of industry disruption and of failed businesses for those that didn’t invest in AI.
Today PointGuard announced that the PointGuard Platform™ now includes improved visualizations for equipment runtime.
There is a major problem in the way that the facilities industry makes its decisions about equipment replacement.
There is a joke about a mechanic that charged his customer ten thousand dollars to fix their car. On the invoice, the charges broke down to one penny for a screw and $9,999.99 for the labor to replace it. The customer, of course, questions the mechanic, “why does the labor cost so much, you only replaced one screw?!” The mechanic gives the same explanation that software engineers often have to: “I had to know which one to replace.”