It will work with Prodea Investments to implement a digital building platform and reduce the carbon footprint of existing and under-development buildings.
Siemens is partnering with real-estate investment company Prodea Investments to create smart and sustainable buildings in Greece.
The technology company will work with Prodea to implement its Building X digital building platform.
The partnership aims to accelerate Prodea Investments’ digital transformation and reduce the carbon footprint of existing and under development building assets across its real estate portfolio in Greece, as well as add value services to its tenants.
Building X, from Siemens Smart Infrastructure, is a scalable, cloud-based platform to digitalise, manage, and optimise building operations, allowing for enhanced user experience, increased performance, and improved sustainability. It is part of Siemens Xcelerator, the company’s digital business platform, enabling customers to accelerate their digital transformation easier, faster and at scale.
“It incorporates innovation while serving its strategy for more sustainable and user-centered buildings”
Building X, will enable Prodea to be able to make decisions about the energy management of its building portfolio based on real data analytics. The use of artificial intelligence will allow the company to identify areas of energy over-consumption and accurately predict the energy performance of its buildings based on live usage data.
The two companies signed a strategic cooperation agreement, which starts with a pilot implementation of Building X that will connect Prodea Investments’ headquarters and the Ilida Building, where Siemens Greece headquarters are located. Prodea Investments’ goal is to proceed to the gradual connection of the big office buildings of its portfolio, as well as buildings for different use, such as logistics centres and hotels. Building X can be implemented in buildings of various sizes and connectivity requirements.
“Prodea Investments is dynamically entering the era of the 4th Industrial Revolution by leveraging the high expertise of Siemens,” said Dr Aris Karytinos, CEO of Prodea Investments. “It incorporates innovation while serving its strategy for more sustainable and user-centered buildings. This collaboration leverages technology as an accelerator of sustainability. It is a step that will contribute overall to the development of high-tech investments in the field of real estate.”
Rahul Chillar, head of building X at Siemens Smart Infrastructure, added: “Siemens’ capabilities of connecting the real and digital worlds makes it a strong partner for companies looking to get the most out of their physical assets while addressing their decarbonisation goals.
“We’re looking forward to close collaboration at the facility and engineering levels between Prodea Investments and Siemens, with the goal to ensure reduced energy consumption, sustainability and lower total cost of ownership for buildings, while improving portfolio valuation for Prodea Investments.”
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