How AI Drives Building Revenue

Realcomm

Jun 14

At the Intelligent Buildings Smart Buildings Boot Camp before the kickoff of Realcomm 2022, Prescriptive Data’s VP of Customer Success Aaron Brondum breaks down how cutting-edge artificial intelligence and machine learning can produce insights that drive revenue directly. Using AI to reduce OpEx through automated energy savings by trimming usage and saving money 24/7 increases NOI. By extending equipment life and optimizing repair schedules, AI also reduces capital expenditures. Automated Demand Response (ADR) turns buildings into revenue generators when given a signal from utility providers to reduce energy demand. Lastly, better data on operations can lower insurance premiums by decreasing asset risk.