Today’s State Of The Building Efficiency Market

Episode Summary: In the seventh episode of The Measure Podcast by Metrikus, our host Michael Grant is joined by Stephen Macdonald, Managing Partner at the PropTech Connection.

Episode theme: Efficiency 

Episode highlights: 

• What PropTech Connection do (01.12)
• Which country is leading the way on driving building efficiencies? (02.16)
• The specific areas they are leading in (03.07)
• The biggest challenges organizations face when trying to make their buildings more efficient (05.27)
• Does the market embrace change? (08.46)
• Why is commercial real estate slow to adopt change? (11.26)
• What’s next for building efficiencies? (14.01)
• Essential metrics for measuring building efficiencies (16.15)
• How difficult is it to improve a building's efficiency? (19.06)

Key Takeaways:

• “ The one that we would think has one of the most cohesive strategies is Singapore.” - Stephen
  
• “Where Singapore has got a major advantage is 80% of housing I believe is public housing sector. “ - Stephen
  
• “Occupiers and asset owners have got much better data governance, much better data leaks, so they can actually take that data and start making some good insights.” - Stephen
  
• “Data is like oil, right? Unless it's refined, it's not very valuable and you can't do a lot with it.” - Michael
  
• “The concept of smart buildings is actually poorly told by a lot of people.” - Stephen

Resources:

• Metrikus
• Metrikus Content Hub
• CitizenM Hotel
• Basil Demeroutis
• Property Week Article

Metrikus

Metrikus is a building efficiency platform that helps organizations to make their spaces more efficient, creating positive change for occupants and the environment. Our cloud-based platform achieves this by aggregating data from multiple sources – whether it’s from IoT sensors, the Building Management System (BMS), or elsewhere – into one central place. And once we’ve helped you get your hands on the right data, our platform then transforms it to make it easier to analyze, compare and contextualize. 

Michael Grant is the co-founder and COO of Metrikus. Michael is an operations, strategy and management professional with over 20 years in the technology sector. Specializing in technology, software, IoT, ESG and cloud, Michael has over 10 years’ experience working at Senior Management and C-Level and has dealt with large teams to deliver solutions with exceptional service – clients include those from banking, commercial real estate and IT sectors.