What’s holding back development of smart office space?
Real Estate

What’s holding back development of smart office space?

Smart offices root for efficiency and savings as they use resources only when they are genuinely needed. Smart workplaces can help in cost saving by efficiently managing the employees and the assets. But what prevents our offices from being “smarter”? Our analysis explores.

As Prabal Bose, Vice-President - Regional Solutions & Services, Smart Infrastructure, Siemens India, observes, Of the lifecycle cost of a building, 20% is capex invested upfront and 80% is operational expense. If the building uses smart workplace solutions, the 80% operational expense is reduced. Bose goes on to explain how the customers have been able to reduce their operation cost. While cost saving is a pertinent aspect driving the demand for smart workplace solutions, it is not the only aspect. “Automation could be about cost savings,” explains Farook Merchant, Chairman & Managing Director, Messung Group of Companies. “But it could also be about workplace ergonomics for more productive employees, or even brand image.”

Speaking of the company’s upcoming commercial projects in some of the country’s major cities, Juggy Marwaha, Chief Executive Officer, Prestige Group cites some workplace solutions that will be incorporated in their next-generation office buildings.

The pandemic has created a demand for a safe, secure, helpful and productivity-enhancing environment, thereby giving impetus to smart solutions for workplaces.

To read the article, please click here.

Image courtesy: Messung Group of Companies

Smart offices root for efficiency and savings as they use resources only when they are genuinely needed. Smart workplaces can help in cost saving by efficiently managing the employees and the assets. But what prevents our offices from being “smarter”? Our analysis explores. As Prabal Bose, Vice-President - Regional Solutions & Services, Smart Infrastructure, Siemens India, observes, Of the lifecycle cost of a building, 20% is capex invested upfront and 80% is operational expense. If the building uses smart workplace solutions, the 80% operational expense is reduced. Bose goes on to explain how the customers have been able to reduce their operation cost. While cost saving is a pertinent aspect driving the demand for smart workplace solutions, it is not the only aspect. “Automation could be about cost savings,” explains Farook Merchant, Chairman & Managing Director, Messung Group of Companies. “But it could also be about workplace ergonomics for more productive employees, or even brand image.” Speaking of the company’s upcoming commercial projects in some of the country’s major cities, Juggy Marwaha, Chief Executive Officer, Prestige Group cites some workplace solutions that will be incorporated in their next-generation office buildings. The pandemic has created a demand for a safe, secure, helpful and productivity-enhancing environment, thereby giving impetus to smart solutions for workplaces. To read the article, please click here.Image courtesy: Messung Group of Companies

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code