Smart Buildings Show ROI Panel Summary

8 November 2024

As part of the DBC’s event partnership with Smart Buildings Show last month, our Executive Officer Justin Kirby moderated the ‘Holistic smart building ROI rethink’ panel. The discussion is the second of two recent panels connected to our ‘Project costing and the business case’ Working Group and included the following experts from various sectors of the smart building industry:

Smart Buildings Magazine have published a summary report of the panel and there’s a 15 minute AI Pocast Summary of the panel that that Justin has posted on LinkedIn, but we have included an Executive Summary below:

This discussion focuses on the challenges of calculating Return on Investment (ROI) for smart building technologies. Panelists, representing various stakeholders in the building industry, discuss how to define success criteria and address the gap between construction and operation, particularly in the context of a rapidly evolving market. They explore strategies like early engagement, standardization, and value engineering to improve cost-effectiveness, reduce operational costs, and better demonstrate the benefits of smart building technology to investors, clients, and tenants.

You can read a full summary of the previous panel we hosted on Smart Building ROI at PropTech Connect here and there’s also a 10 minute AI Pocast Summary of the panel that Justin has posted on LinkedIn. We will be hosting a panel on ‘Digital Construction is Mars and Digital Operations is from Venus’ at London Build Expo later this month that is linked to the overarching gap between construction and operations that drives many of our planned working group initiatives. You can see more details on LinkedIn.

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