- Creates smart buildings by suggesting ways of optimum operation through the grafting of IoT, Big Data, etc.
- Provides cloud-based customized services such as equipment and energy management

POSCO ICT (President & CEO: Choi, Doo Whan) is pushing through with a project designed to promote Smart Buildings by grafting state-of-the-art technologies such as IoT and Big Data, etc., to upgrade the values of buildings further.

A Smart Building is a building operated under optimal condition through the existing building automation system that incorporates ICT technologies. Such system monitors every single situation within the building and self-determines the most desirable condition. Recently, Smart Buildings have been drawing a lot of attention, self-producing energy through new renewable power generation such as photovoltaic and supporting efficient energy consumption through the Building Energy Management System (BEMS).

POSCO ICT plans to provide consolidated services including management of major facilities and equipment, energy management, security control, etc., by grouping several buildings through an integrated control platform that performs remote and simultaneous control. If a customer subscribes to the smart building service offered by POSCO ICT, any and all information on the customer’s building such as equipment operation information, energy use, operators’ location, etc., are collected and transmitted to the integrated control center. Upon receiving the information, the control center suggests ways of maintaining building infra in optimal condition through Big Data analysis.
In addition, efficient energy use can be realized through the Building Energy Management System. For example, midnight electricity can be stored by using the Energy Storage System (ESS) and used at peak time when the price of electricity is relatively high to save on energy cost. The energy storage system can also be used as uninterruptible power supply (UPS) if an unexpected power failure occurs. According to POSCO ICT, the existing cost of energy may be reduced by up to 20% by using this system.

Furthermore, POSCO ICT has established a strategy for providing services as a cloud-based service to save on the cost of establishment of infrastructure and to enhance customer convenience via remote control through the integrated control center.

In fact, POSCO ICT has been building the Smart Building Solution including cloud-based energy management system since last year for two hotels under construction in Gangneung and Busan. It will operate an integrated control system for the operation of the two hotels from the middle of next year when they are expected to be completed. In addition, its smart building concept is applied to an officetel building in Yongin and a retail business building in Incheon from the construction stage. POSCO ICT plans to push through with the smart building business for mid and large-sized buildings in Korea first, and then expand to overseas markets such as Iran, which has been drawing attention recently.

“Our goal is to create a smart building that can analyze, decide, and control on its own. On a long-term basis, the business will grow as a smart city business controlling a whole city rather than just a building,” POSCO ICT Managing Director Yun Hyeong-deok  said.