IoT vs BMS

Building Management Systems (BMS) have been in place for almost three decades, performing automa­tion of equipment in buildings. However, they haven’t kept pace with the innovation that has been happening in this space over the years. Over the last few years, several new loT technologies have emerged, leading to modular, low cost, intelligent and cloud-connected systems that can leverage large volumes of data collected from within the buildings. It delivers next-generation automation in analytics powered, wireless, and cost-effective manner.

Beyond being technologically advanced, IoT powered automation opens new opportunities from a business development perspective. IoT powered wireless connectivity, enables the building operators to deploy the automation in a staged manner, doing investments in smaller instalments and first reaping the benefits from these investments before deciding to do further investments. Retrofitting such automation in an already operational building is also very easy, further allowing the decision of automation to be taken in stages rather than the whole investment being done upfront. With cloud connectivity, new business models are emerging allowing the vendors to deeply engage with the customer, giving greater value and also enabling a sustained recurring revenue stream from the customer too.

Watch this webinar to learn more about the difference between Building Management System (BMS) & new age IoT-based automation.