KT Corp., South Korea's largest telecommunications company, announced that it plans to launch a suite of smart building services in cooperation with its subsidiary, KT Estate. The new ICT-based integrated service consists of "Smart Building Sensing" and "Smart Building BEMS" offerings, South Korea's top telecom company said.
KT's Smart Building Sensing service monitors boilers, water tanks, motors and other operational facilities, alerting building managers in real time to breakdowns, glitches and other malfunctions. The company's IoT control center assists through around-the-clock, remote monitoring.
The Smart Building BEMS service is a building energy management system jointly developed by KT and KT Estate, which specializes in property development and management. It is a real-time energy management and operational consulting service for building owners and developers.
To qualify for the Smart Building BEMS service, those who apply for building permits are required to submit an energy-saving plan that entails a building energy management system (BEMS) that monitors and controls a building's energy needs. Proof that the BEMS meets regulations must be shown before the building is used.
Currently in South Korea, public buildings with a floor space of 10,000 square meters or more are required to set up a BEMS. The regulation is scheduled to be extended in 2025 to private buildings with a floor space of 1,000 square meters or more, and public buildings with a floor space of 500 square meters or more.
Prospective building owners also benefit from a consulting service provided by KT Estate experts who systematically analyze, measure, and evaluate major energy-consuming facilities to improve energy efficiency and conservation.
KT's BEMS model, installed in cloud storage, costs less than the systems operating independently in conventional buildings, claims the telecom provider. Building owners are also able to slash their maintenance costs, with KT Estate's smart integrated control center offering remote energy management service for five years.
"KT's smart building service ensures safe and convenient building management at low costs," commented Moon Sunguk, head of KT's enterprise new business development unit. "We will continue to expand our product lines with AI technology to provide an integrated building management solution."