Building owners and managers are facing new pressures as we all navigate the “new normal.” While budget pressure may be higher than ever, there is also a pressing need to optimize the indoor environment – and progressing so can meet multiple business objectives.

In fact, working to ensure that your indoor spaces offer high satisfaction can help you:

• Increase confidence that occupants can feel safer in a facility that offers comfortable, cleaner air;
• Support resilience against future challenges by deploying trusted solutions; and
• Contribute to your building’s overall productivity with targeted investments that generate results.

Yet, how do you fund now-top-priority air quality solutions, when critical demands such as staffing, reduced revenues, other operating expenses and competing capital demands are eating up most or all of your budgets?

You may even have deferred maintenance needed to optimize the building environment and now the need is more critical than ever. You also may be constrained to allocate capital funds to those needs due to existing debt service requirements and covenants, internal hurdle return rates or on-going debt for other competing projects through traditional financial channels.

In addition, in the “new normal,” a connected building technology strategy is essential to generate actionable data to make financial decisions and stay proactive on remotely managing your building environment while gaining cost-saving and efficiency benefits. A recent IDC and Acuity Brands survey [1] reports that almost 30 percent of building management companies have deployed a connected building solution, with another 60 percent also considering it.

Creative Financing Can Free Up Budget

Fortunately, creative financing exists that can help you address optimizing indoor air quality, aging infrastructure and deferred maintenance and free up limited capital to address those emergency efforts. financial decisions and stay proactive on remotely managing your building environment while gaining cost-saving and efficiency benefits. A recent IDC and Acuity Brands survey [1] reports that almost 30 percent of building management companies have deployed a connected building solution, with another 60 percent also considering it… (continue reading on Trane.com blog)