Hotels Can Now Use IoT to Design Energy Efficient, Monetizable Spaces
Commercial building property managers are under pressure to maximize value per square foot and deliver optimal experiences for their occupants. The Internet of Things (IoT) can help solve these challenges by providing better insights and predictability for space usage including room occupancy, resource trends and traffic patterns. Additionally, property managers can leverage the physical data insights of IoT to design energy efficient and monetizable spaces, as well as increase employee safety, productivity and engagement.
Arm announced Space Analytics as part of its Arm Pelion Smart Spaces solutions for property managers of hotels, coworking spaces and commercial buildings to see when, where and how building spaces are being utilized. Based on its Pelion IoT platform, Space Analytics securely gathers and analyzes data from off-the-shelf IoT devices (such as smart lighting, sensors, locks, IP cameras, badge readers) to deliver actionable insights and predict availability of space. Through the solution’s machine learning capabilities, the company is able to provide actionable data insights on space and resource usage, all of which work toward driving greater efficiencies and maximizing revenue.
Here are a few examples of how a property manager could use these data insights: provide discounted pricing to customers for non-peak hours, offer the best and closest available working space, or reduce operating expenses related to energy, cleaning and lighting through a better understanding of usage and occupancy. This technology could also be paired with Arm's Indoor Lighting solution to tailor room lighting based on users’ preferences.
Another example of where Space Analytics could provide immediate value is for the rapidly growing coworking spaces market. In fact, Europe is forecast to have 255 million square feet of commercial property dedicated to coworking spaces in 2019, due in large part to the growth of self-employees and startups looking for flexibility and cost savings. This is why Ireland’s Dogpatch Labs chose Space Analytics for its Dublin Docklands startup hub. The company is implementing the solution to improve dynamic management of spaces throughout its facilities. This will help Dogpatch Labs optimize the space and enhance usability for its community of around 400 entrepreneurs.
Arm's Indoor Lighting offering also enables the rapid deployment, remote management and security of intelligent lighting controls that reduce maintenance costs and provide energy savings. The company is already working to deploy this in its own Cambridge headquarters.
Space Analytics and Indoor Lighting are currently available and can be purchased as standalone offerings or in conjunction with one another. These Pelion Smart Spaces solutions provide a secure and scalable way for companies to easily obtain actionable insights, onboard any device, as well as rapidly incorporate new features from our vast ecosystem of application partners.