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Thursday, March 28, 2024

The role of smart building technology in the new normal

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Managing any property or development is challenging, but the onset of the COVID-19 pandemic made it next to impossible without the help of technology.

The role of smart building technology in the new normal

According to Joseph Tay, managing director of Proptech company Inventi, virtually every building in the country has incorporated technology in some form as a response to the pandemic, but the most successful in the new normal have been those that have made technology an indispensable part of their property management strategy.

Inventi pioneered smart buildings in the country with Smart Building Solutions (SBS), the company’s flagship property management software. 

To date, Inventi SBS has been implemented in almost 100 properties nationwide, in large part due to the push to digitize necessitated by the pandemic.

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“Whether through a simple temperature scanner or QR code, the COVID-19 pandemic was most properties’ first foray into using smart building technology to solve a problem,” said Tay.

“In the years that follow, property managers will be searching for new ways to address their challenges with technology and Inventi will be at the forefront of these innovations," he added.

Co-founder & CTO Eds Encarnacion said properties that have fared well in the pandemic include some of earliest adopters of SBS. These include office buildings, residential condominiums, retail stores, and even school campuses.

Encarnacion said one of Inventi’s first clients was a leading private school that needed a way to easily manage two sprawling campuses. The school implemented SBS prior to the pandemic so that when lockdown began, the staff were able to continue monitor and maintain the areas within their campuses despite a skeletal workforce.

Another immediate benefit that Inventi’s customers have enjoyed is improved cost management and staff productivity.

“What we like about SBS is that we can pull up the maintenance history of any piece of equipment or facility and make informed decisions that can avoid costly repairs or replacements. It has also helped ensure that our staff is accountable for the work that they do because their productivity is logged in the system” said Francis Wee, CEO of W Group, which has implemented Inventi SBS into its six office buildings in Bonifacio Global City.

For building tenants, the highlights have been enhanced convenience and safety.

“With SBS, our tenants love the ease with which they can file service requests, gate passes, and amenities reservations from their mobile device without having to visit an office or manually fill up a form," said Rolph Mariano, Concierge Department Manager at Arthaland.

Beyond software, one thing that sets Inventi SBS apart is its integration with IoT (Internet of Things) devices for buildings such as occupancy counters, thermal cameras, and indoor air quality monitors.

Encarnacion explained that SBS can collect and process data to notify staff of potentially unsafe events such as crowding or declining air quality. This has been particularly useful for Inventi’s multi-branch retail & F&B clients, saving them the cost of damage control such as closing down an entire store or outlet.

Although still a nascent concept in the Philippines, smart buildings and the software solutions that enable them are catching on.

To find out more about Inventi’s property management solutions, visit www.inventi.ph, email info@inventi.ph, or call +639952537031.

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