IMC Newsdesk

Korea Telecom unveils smart building services

  • August 4, 2020
  • Steve Rogerson
Employees at KT Estate’s smart integrated control center at Bundang, Gyeonggi Province, Korea, introduce KT’s smart building services.

Korea Telecom plans to launch a suite of smart building services in cooperation with its subsidiary, KT Estate.
The ICT-based integrated service consists of smart building sensing and building energy management systems (BEMS).
“KT’s smart building service ensures safe and convenient building management at low costs,” said Moon Sunguk, head of KT’s enterprise new business development unit. “We will continue to expand our product lines with AI technology to provide integrated building management.”
The smart building sensing service monitors boilers, water tanks, motors and other operational facilities, alerting the building manager in real time to breakdowns, glitches and other malfunctions. The company’s IoT control centre assists through around-the-clock remote monitoring.
Smart building BEMS is a building energy management system jointly developed by KT and KT Estate, which specialises in property development and management. It is a real-time energy management and operational consulting service for building owners and constructors.
In South Korea, those who apply for building permits are required to submit an energy-saving plan that entails a 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, public buildings with a floor space of 10,000 square metres 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 1000 square metres or more and public buildings with a floor space of 500 square metres or more.
Prospective building owners will also benefit from consulting service provided by KT Estate experts who systematically analyse, 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. Building owners should also be able to reduce their maintenance costs, with KT Estate’s smart integrated control centre offering a remote energy management service for five years.
The price for KT’s smart building service includes 200,000 won per unit of smart building sensing and approximately 125 million won for second-grade smart building BEMS, including five-year operational cost.