Simply put, today’s marketplace requires smarter workspaces. Making a building “smart” has become a significantly important factor when it comes to both new construction and when doing retrofits. By making buildings smarter, companies can reap significant economic benefits, including everything from saving on energy and rent to improvements in employee wellbeing and productivity.
The improvement in employee well-being and productivity gains that have been seen are of key importance, according to the Jones Lang LaSalle (JLL) 3-30-300 rule. This rule demonstrates the average orders of magnitude when it comes to an organization’s cost for utilities, rent, and employee productivity (per square foot, per year).
GS Technologies Ltd (LON:GST), through its subsidiary, EMS Wiring Systems Pte. Ltd, provides services in the “Smart Building” sector. Smart Building is a diverse term that refers to the technological capabilities of buildings and other work place facilities.