New software from Honeywell helps building owners optimise space usage

IoT-enabled Honeywell Vector Space Sense allows organisations in the Middle East to make better-informed space decisions

Tags: Cloud computingHoneywell International Incorporated
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New software from Honeywell helps building owners optimise space usage Research indicates offices around the world are underutilised by as much as half of their actual capacity.
By  David Ndichu Published  July 26, 2018

Honeywell has launched in the Middle East a new software solution that shows where, when and how building spaces are used at any given point in time.

The IoT-enabled Honeywell Vector Space Sense enables building operations team to make better-informed real estate and space usage decisions that provide opportunities to optimise costs and promote better building experiences for occupants.

“From higher levels of employee productivity to healthier environments that help drive cost savings, Connected Buildings have real benefits for owners, operators and occupants,” said Vimal Kapur, president and chief executive officer, Honeywell Building Technologies. “Honeywell Vector Space Sense is the latest example of how Honeywell is using cutting-edge technology to enable smarter, data-driven buildings that work for their organisations.”

Recent studies indicate most offices around the world are underutilised by as much as half of their actual capacity due to factors such as shifting work schedules, mobile technology usage and changing business needs. However, many facility managers lack the comprehensive insights required to take action to address these usage issues. This can lead to overpaying for unused space, wasted energy usage, off-temperature spaces and other inefficiencies that negatively impact an organisation’s bottom line.

Honeywell Vector Space Sense helps address this issue by gathering and analysing data from multiple sources throughout a building to deliver actionable insights that help personnel better utilise, optimise and prioritise building spaces. The facility team can view these insights through detailed, information-rich dashboards and reports incorporating visualisation methods like maps, usage profiles, overall trends and other metrics to show where, when, and how space is used, along with opportunities to optimise usage and help reduce costs. For example, organisations can gain the necessary insights to repurpose unused spaces for more productive uses, make better-informed decisions about future space investments or divestments, and better align building equipment schedules with actual usage patterns.

Backed by a cloud-based infrastructure, Honeywell Vector Space Sense follows a three-step process that starts with gathering space utilisation data from multiple sources such as smart lights, Bluetooth beacons, mobile apps, and other sensor-connected devices and equipment. The solution then applies analytics to the collected data, using customised algorithms and space utilisation models to deliver actionable insights—the third and final step.

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