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Webinar Write Up - Better data, better buildings

November 14, 2017

By Abby Karp

Making better decisions requires better data. When it comes to building management, better data can make the difference between meeting energy and cost reduction goals, and not reaching them. Our latest webinar explains how to recognize and utilize better data to inform your sustainability decisions.

A panel of experts joined us at Lucid to discuss how they’ve successfully harnessed the power of data to improve the efficiency of every building within a portfolio. Those experts were:

While many different aspects of utilizing data to streamline building performance were discussed, some of the key takeaways include:

Measure: You can’t increase building efficiency if you don’t have data. And not just any data, but the right data to answer the questions you are trying to answer. As Susie McMullan put it, it’s important to “understand the resolution of the data you can access. Tackling issues that require real-time data, using only monthly billing data, is not going to turn out well.”

Prioritize: What projects will lead to the most success? Knowing your success criteria will help you use the right data to accomplish your goals. Gary Graham prioritizes projects based on “three perspectives: one, real-estate strategy such as plans to sell or lease . . . two, energy savings and the impact of a decrease in resource usage and expenses . . . three, financial planning for things like tax implications, project management, and financial return requirements.and the associated costs or savings from a project.”

Implement Data-Driven Solutions: Implementation is more than announcing a new energy savings policy in a company-wide email. It encompasses securing resources and creating a detailed plan to use your data to guide sustainability moving forward. Each of our experts shared real world examples of how to ensure a successful implementation.

Verify Results: Lastly, you need to track performance before, during, and after specific sustainability campaigns. Celebrate the results to promote success and gain momentum for future projects. “Don’t forget to publicize and promote your project's success,” Michael Wilson said. “That success is what leads to future funding and ongoing success.”

The experts in our webinar shared how to use data to develop plans and implement successful initiatives to increase building performance. If you’re ready to start seeing more success in your sustainability efforts, watch the Better Data Better Buildings webinar and see how you can use the same principles discussed by our experts.

Abby Karp

Abby joined Lucid’s marketing team in 2014 after conducting research on the decision-making processes of environmental behavior. Abby graduated from Middlebury College with a degree in Environmental Studies and Conservation Psychology.