Plus Property Develops Smart AIoT Solutions to Prevent Energy Loss in Buildings, Reducing Costs by Up to 30%

It is well known that owning or managing a building incurs various management costs, with a significant portion stemming from energy expenses. Notably, energy wastage arises from air conditioning systems, which account for 50-60% of a building's total energy consumption. Therefore, to effectively reduce waste, it is crucial to focus on optimizing air conditioning systems for maximum efficiency. Plus Property has innovatively integrated technology to address energy loss issues in buildings, adopting a proactive approach by implementing IoT systems for monitoring and control. This includes the development of a specialized AIoT platform in collaboration with Partner: TIE, which uniquely combines building engineering systems, digital systems (IoT), and expert personnel.

What is PLUS's IoT System and how does the AIoT platform enhance efficiency?

PLUS's IoT system builds upon the integration of IoT (Internet of Things) with AI algorithms to develop an AIoT platform that diagnoses and identifies the causes of energy wastage from the most energy-intensive air conditioning systems. This allows for the accurate identification of energy loss issues through automated fault detection and diagnosis (AFDD), which enhances the efficiency of data utilization from various devices/systems within the building. The AI system connects and diagnoses problems effectively, with results displayed via a mobile application that accurately pinpoints issues, leading to targeted solutions that minimize damage and reduce energy costs by at least 15-30%.

Mr. Chan Sirirat, Deputy Managing Director of Building Resource Management and Engineering Systems at Plus Property Co., Ltd., an expert ready to meet all real estate service needs, revealed, “With over 25 years of experience in building management, we understand the complexities of building systems and the needs of building owners to reduce energy loss. We hypothesize that an office building managed by Plus, which is also a Green Building recognized with LEED NC (Gold) and LEED EBOM (Platinum) certifications, can further reduce energy consumption.”

This leading office building, located in the heart of Bangkok, emphasizes design, maintenance, and resource-efficient management while minimizing environmental impact in line with the Green Building concept, certified by international standards such as Leadership in Energy and Environmental Design (LEED). The building has also received Fitwel certification, a global standard for building management that prioritizes user quality of life, achieving a top rating of 3 stars. A significant challenge for Plus, as a building manager continuously developing new ideas, is to find ways to reduce energy consumption in internationally awarded buildings using the AIoT platform. This platform can be installed to monitor air conditioning system performance, with the advantage of easy installation without the need for dismantling or altering existing systems. It connects data from the existing system and adds IoT Network Sensor devices for performance monitoring. The air conditioning system controls air conditions according to building usage needs. The implementation of the AIoT platform has enabled precise diagnosis of issues leading to energy wastage. After installing Plus's system, energy savings increased by an additional 10%, improving indoor air quality and potentially reducing the deterioration of air conditioning system efficiency.