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Workplace Analytics at a Fintech Company

14.02.2022

Are IoT solutions really more cost-efficient than conventional GA solutions? We explore this question with a PoC in the area of Indoor Environment Quality (IEQ).

Comfort and well-being in the workplace are directly related to team productivity. Aggregated monitoring and targeted data collection of thermal conditions, lighting, acoustics, and ventilation are not possible with traditional building automation. In the PoC for a Swiss major bank, we make the quality of the indoor climate visible and controllable through various interfaces using Eliona.

Conventional Scenario

  • Room climate only partially controllable by users

  • Limited coordination of light, noise, and air conditions

  • No information provided to end-users

IoT Approach

  • Evaluation of IEQ values through various interfaces in Eliona

  • Individual climate zones within the room

  • Trend analysis, data collection, and targeted alarming

  • Information to end-users with optional control of certain IEQ factors

For a cost-benefit analysis, not only the short-term installation costs should be considered. It is also important to include long-term operation, benefits in monitoring, reporting, or usability, as well as new interaction possibilities in the calculation.

Basically, in this PoC, it is clearly defined that an IoT solution is about 25-30% cheaper in terms of acquisition and operation than a conventional GA solution. Additionally, the IoT solution allows the end-user (in this case, employees) to directly control the climatic conditions at their workplace, which would not have been possible with conventional methods.

The clear results from the PoC finally convinced the client to examine the topic of Smart Building and IEQ worldwide at their office locations and to implement Eliona starting from 2023.