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GS Technologies

What is a smart building?

Smart buildings are sometimes referred to as ‘automated buildings‘, ‘intelligent buildings‘ or buildings that incorporate smart technology. A smart building is any structure that uses automated processes to automatically control the building’s operations including heating, ventilation, air conditioning, lighting, vertical transportation and other systems. These buildings typically use sensors, actuators and microprocessors, to collect and manage data according to a business’ functions and services.

The infrastructure in a smart building allows building owners, operators and facility managers to improve asset reliability and performance. Goals include reducing energy consumption, optimisation of space and minimising the environmental impact of buildings. Fundamentally, smart buildings help make occupants more productive and buildings more cost-effective when compared to a building that is not connected.

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.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.