2.4.4 Property management case study
In what ways can the combination of people, process, data, and things across a secure platform create value? Consider property management and owners, as shown in the Table 6.
Table 6 Combined value of the three connections, M2M, M2P, and P2P.
|Connection type||Value of combined connections|
|95,000 sensors and devices connected to Cisco network, including fire alarms, wireless access points, video surveillance cameras, temperature sensors, and HVAC||Cut energy costs 21% in 2012, another 11% in 2013|
Data from sensors and devices monitored by building managers with mobile devices
Energy consumption analysed in real time to increase efficiency, optimise usage
|Providing network connectivity to tenants|
|Mobile employees work with tenants and respond to service request in real time via mobile devices||Plans to offer integrated unified communications (UC), wireless, physical security services|
In a commercial real estate market, a property management company must look for ways to differentiate itself from its competitors by providing unique services to tenants and increasing revenues along the way.
In one example, a property management company installed 95,000 sensors throughout the building on a Cisco network to track energy usage. By applying analytics applications, the company was able to track energy usage and help tenants lower their energy bills. This company also provided their building managers and other facilities employees with mobile devices to improve collaboration and service to tenants.
The result was a 21% reduction in energy costs in 2012.