Smart building strategy and technology solutions

What EY can do for you

The right smart building strategy can enable a diverse range of capabilities to significantly enhance the operational efficiency and effectiveness of buildings. Coupled with the utilization of advanced smart building technology and data-driven systems, owners, operators and tenants have the power to minimize energy consumption, lower greenhouse gas (GHG) emissions, create healthier indoor environments and enhance the overall occupant experience. With a focus on delivering increased value to both owners and occupiers, the EY Smart Building team can help you realize the future of sustainable and intelligent building solutions.

The challenge with buildings

The challenge posed by buildings is a complex one, encompassing environmental sustainability and public health concerns. Buildings have a substantial impact on the environment, contributing a staggering 40% of GHG emissions. This highlights the pressing need for adopting more sustainable practices in both the construction and operation of buildings.

Energy consumption constitutes a sizable portion of a building’s operating expenses, with heating, ventilation and air conditioning (HVAC) systems accounting for approximately 40% of this energy usage¹. However, approximately 30% of the electricity consumed in buildings is wasted, revealing persistent inefficiencies in these systems². In addition, HVAC systems naturally degrade in performance over time, experiencing an average decline of around 30% within one to two years. This decline not only results in increased power consumption for the same output but also places excessive strain on the equipment. Consequently, this heightened strain raises the risk of failure and reduces the operational lifespan of the systems. To address these issues, proactive maintenance and optimization measures are crucial in mitigating energy inefficiencies and ensuring the long-term reliability of HVAC systems.

Furthermore, the significance of adequate ventilation within buildings has become increasingly evident, particularly in the context of pathogen transmission. With people spending approximately 90% of their time indoors³, it is imperative for buildings to prioritize the creation of healthy and productive environments for occupants. However, achieving this goal often requires an increase in energy consumption, which contradicts the inadequate ventilation levels prevalent before the pandemic. Striking a delicate balance between improving indoor air quality and optimizing energy efficiency presents a substantial challenge in building design and operation.

What EY Smart Building services can do for you

EY Smart Building services provide a comprehensive approach to address the unique challenges faced by owners and building occupants. These offerings leverage innovative technology, data analytics and industry expertise to enable organizations to transform their buildings into intelligent, efficient and sustainable spaces.

EY Smart Building services encompass a wide range of capabilities designed to drive value and enhance building performance. These solutions can be categorized as follows:

EY Smart Building solutions provide organizations with the capabilities to transform their buildings into intelligent, efficient and sustainable spaces. By enhancing operational efficiency, prioritizing health and safety, achieving sustainability objectives, and enhancing the human experience, organizations can unlock significant value and gain a competitive edge in the rapidly evolving building management landscape.

EY Smart Building services approach

Our services and methodology are tailored to meet the specific needs, scale and sector context of each client, helping them to effectively select, implement and integrate technology into their environments, drive operational efficiency, make data-driven decisions, and continuously enhance their capabilities in managing people and physical spaces.

EY Smart Building services vendor ecosystem

Our carefully curated ecosystem of third-party technology solutions encompasses various areas of smart building management. These solutions include:

By building an ecosystem of third-party technology solutions, we offer a comprehensive suite of tools and capabilities to transform buildings into intelligent, efficient and sustainable spaces. This carefully selected ecosystem empowers organizations to leverage advanced technologies and data-driven insights for effective smart building management.