S1 building management sales show annual growth trend>

An S-1 employee is explaining to a customer the operating principle of the temperature and humidity sensor attached to the equipment.

An S-1 employee is explaining to a customer the operating principle of the temperature and humidity sensor attached to the equipment.

View original image


As the pandemic continues to prolong, contactless solutions are emerging in the building management market, and S-1's smart building management solution 'BlueScan,' launched last year, is gaining attention.


According to S-1 on the 15th, the company's building management service sales reached approximately 650 billion KRW last year. Sales in the building management sector, which were 560.9 billion KRW in 2019, continued to grow steadily with 596.7 billion KRW in 2020. The growth is driven by smart solutions that enable contactless building management. These solutions are popular because they are optimal for reducing operating costs, which is the biggest concern in building management. As COVID-19 prolongs, vacancy rates are increasing due to business closures and changes in work styles, and there is growing demand to reduce operating costs amid rising minimum wages. In some cases, reducing the number of staff to prevent the spread of COVID-19 has caused monitoring gaps.


S-1's 'BlueScan' is a contactless solution that attaches IoT-based sensors to key building facilities, allowing remote detection of abnormalities. It enables efficient building management with minimal personnel and is expected to reduce labor costs. BlueScan actually uses sensors and controllers employed in S-1's security services. Abnormal situations detected by the sensors are monitored at the control center and immediately notified to customers for real-time response. Customers can remotely control HVAC and lighting facilities through a dedicated application developed by S-1.



Since its launch in September last year, BlueScan has been widely used in commercial office facilities such as small to medium-sized buildings and bank branches. S-1 explained that due to reduced revenue caused by COVID-19, many find it burdensome to maintain night security personnel and adopt BlueScan to reduce labor costs. Inquiries for adoption are also increasing in places with multiple buildings such as apartments and universities. Monitoring facilities with only security personnel has limitations, but BlueScan enables dual monitoring. An S-1 official said, "Recently, interest in BlueScan has been growing even in REITs buildings. Through IoT technology, operating hours of facilities can be set and controlled remotely, reducing building management costs through energy savings."


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing