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The business of big data presents plenty of opportunities but beware of slick marketing and unqualified performance claims, according to Bueno team leader, Scott Horsnell.  In this article Horsnell identifies the big opportunities for building owners and managers.

The opportunity that Big Data and the Internet of Things (IoT) represents to building owners and managers is significant, providing insights from the existing data, not only on traditional performance measures but also into areas never previously possible to explore with such ease.

With the emergence of intelligent data and analytics, this information can now be unlocked to its full potential, providing benefits in all areas of building management by helping to enhance income, occupant experience and equipment lifecycle, while placing downward pressure on expenditure.

For building owners and property managers, the process of taking the initial steps along this path can be filled with much noise from the broader market. Slick marketing and unqualified performance claims are hallmarks of how these businesses lure unsuspecting building owners and managers into inferior solutions.

Unfortunately, without detailed due diligence, building owners and managers can often unwittingly lock themselves into yet another proprietary layer on top of a myriad of proprietary building systems that may already exist at their properties.

The opportunity Bueno provides is the ability to not only integrate with proprietary systems, but also in providing a truly open, common and transparent data platform for advanced data analytics to work from, and the subsequent force multiplier it represents for all stakeholders involved across a property.

In introducing the concept of Big Data to building owners and managers, we demonstrate the strength and deep knowledge of buildings that Bueno has within its team, reflecting a detailed understanding of not only the vast technical systems, but also the context in which they are operated and maintained.

We explore the different solutions that we have applied across our growing stock of buildings, and provide easy to understand real world examples of how we are not only capturing this data, but also showing how it has resulted in measurable improvements across similar buildings/portfolio’s to their own.

By exploring the benefits of a broad range of analytics outcomes across numerous systems, we can demonstrate the value that can be exposed in areas such as HVAC, Vertical Transport, CCTV, Waste Monitoring, Car park Pay & Guidance, Fire Systems. Areas that they may not have thought had such capabilities previously.

At Bueno, we are constantly exploring exciting opportunities with our clients and partners, continually improving our product and service delivery through invention, innovation and continuous improvement activities.

It is our intent to continue to be imaginative, fearless and ultimately push all boundaries of what is thought possible within the proprietary IoT and Big Data realms.

Our recently announced partnership with Canadian business Rycom is an important strategic springboard for showcasing our capabilities into the North American market. Rycom’s established reputation as trusted technology advisors and providers of network services across a large portfolio of premium clients in North America dovetails extremely well with Bueno, and will see both businesses provide genuine disruption into the market.

Add to this beta work in the emerging areas such as augmented reality, mobility, location beacons and data visualizations we are sure to shake the industry with exciting advances in near the future.

The Interviewee: Bueno team leader, Scott Horsnell.

Scott Horsnell is the business solutions team leader at Bueno. The Australian company works in data and information driven operational property services.

Bueno deliver superior data related and technology driven services based on fault detection, optimisation and business intelligence that simplify facility operations and enhance their effectiveness across all building sectors and building information systems.

Bueno's goal is to accelerate the proliferation of new systems and ideas throughout the property and sustainability industries.