Reader small image

You're reading from  Internet of Things for Smart Buildings

Product typeBook
Published inMar 2023
PublisherPackt
ISBN-139781804619865
Edition1st Edition
Right arrow
Author (1)
Harry G. Smeenk
Harry G. Smeenk
author image
Harry G. Smeenk

Harry Smeenk is a technology strategist and thought leader in smart buildings, IoT, edge data centers, and networks. He is an executive leader in the design, development, deployment, and integration of smart building IoT networks with Tapa Inc, and Smart Buildings Online LLC. He drove worldwide cross-industry technology roadmaps, best practices, and standards for the Telecom Industry Association. He conceptualized and developed the industry's first smart building rating program. As Entrepreneur-in-Residence at the North Texas Enterprise Center he helped launch and accelerate startups including 3 of his own. He has an MBA degree from the University of North Carolina and a BS degree in Business Management from St. John Fisher College.
Read more about Harry G. Smeenk

Right arrow

Monetization opportunities

While cost optimization is a primary driver for the use of digital twins, value-added services and operational efficiencies are key to monetization. Let’s take a more detailed look at some digital twin use examples in the building operations and management area:

  • Monitoring: Dynamic or intelligent condition monitoring is not new; however, the existing solutions are inefficient, produce inaccurate data, and do not deliver data fast enough for a quick response during fast-changing events. That’s because these systems typically use historical and static data that lags behind the current data and does not represent the current state.

Digital twin models work with data that is being collected in real time from sensors, detectors, fixtures, and other systems located in a building. Because the digital twin is constantly fed real-time information, it can mirror exact conditions on site and respond with immediate actions, such as when a...

lock icon
The rest of the page is locked
Previous PageNext Page
You have been reading a chapter from
Internet of Things for Smart Buildings
Published in: Mar 2023Publisher: PacktISBN-13: 9781804619865

Author (1)

author image
Harry G. Smeenk

Harry Smeenk is a technology strategist and thought leader in smart buildings, IoT, edge data centers, and networks. He is an executive leader in the design, development, deployment, and integration of smart building IoT networks with Tapa Inc, and Smart Buildings Online LLC. He drove worldwide cross-industry technology roadmaps, best practices, and standards for the Telecom Industry Association. He conceptualized and developed the industry's first smart building rating program. As Entrepreneur-in-Residence at the North Texas Enterprise Center he helped launch and accelerate startups including 3 of his own. He has an MBA degree from the University of North Carolina and a BS degree in Business Management from St. John Fisher College.
Read more about Harry G. Smeenk