What’s the next “smart” thing? UHY International’s global report identifies smart buildings as one of the buoyant and essential industries set to grow significantly, around the world.
Fluxus LLC is featured as one of the emerging companies that “increasingly push the boundaries of what a smart home can mean”.
The Fluxus System as a breakthrough technology, based on a new type of prefabrication model with Industry 4.0 applications, will continue to challenge today’s regulation and yesterday’s mindset in building industry, in order to truly leverage the innovation of the next generation mass-production leading to economies of scale. This will enable us to scale housing solutions to deliver genuine affordability and beautiful design for everyone.
In 2017, American consumers will buy more smart home systems than anybody else, and the US is also home to companies that increasingly push the boundaries of what a smart home can mean.
One such company is Fluxus, a client of UHY LLP in New York. Fluxus has created a prefabricated housing system uniquely designed to be sustainable in its production, construction and use. As one example of that, Fluxus uses just nine advanced and standardised components, each performing multiple functions.
“In the Fluxus System, passive building design principles are implemented to minimise energy use, collect renewable energy and sustainably manage water and waste,” says Fanyu Lin, Fluxus’ chief executive officer. Fluxus housing is the opposite of high-end, consumer driven smart home developments, and current target markets include post-disaster and conflict housing, affordable housing for the regeneration of failing neighbourhoods, and student housing.
But it is smart nevertheless. Fluxus housing, customised for local conditions and aesthetics, can be implemented quickly and cheaply, using advanced cloud-based computerised systems for the streamlined planning, design, construction and management of projects. The Fluxus System is also designed to smoothly incorporate other smart home technologies from the outset. “It can build homes with smart home devices, appliances, technology and infrastructure that can readily sense, understand, respond to and gradually anticipate users’ needs,” says Fanyu. She adds that the system allows for the easy incorporation of sensors that monitor and adjust heating, lighting, ventilation, water consumption and security settings.
Fluxus is an emerging company and has the support of UHY LLP. “UHY LLP in New York is playing an instrumental role in the success of Fluxus as our consultant, helping with business development, financial planning and public relations,” says Fanyu.
With UHY LLP’s help, Fluxus is in a position to benefit from the opportunities that the smart building boom affords. The smart home markets in Dubai and New York are clearly different, but are following a similar path. In both the US and UAE consumers are driving the uptake of gadgetry that controls entertainment systems, appliances and heating, while technology that delivers more sustainable housing is being actively encouraged by local and national authorities.
In Singapore, another smart home hotspot, this status is being driven largely by consumers demanding connected entertainment and security systems. Kelvin Lee, partner at UHY Lee Seng Chan & Co in Singapore, says, “According to our technology experts here, government incentives have made little difference to the take up of smart home technology.”
This contrasts strongly with New York, where Fluxus pilot projects and others are being supported by the New York City Economic Development Corporation, which offers tax benefits, access to financing, and assistance with the formation of strategic partnerships.
In many countries, authorities and companies are simultaneously realising that smart buildings offer long term economic benefits too. A boom in smart hotel construction in Spain is being driven by a post-financial crisis desire to cut operating costs, alongside consumer preference and government incentives.
“Without any doubt, ecology and sustainability are now on top of every agenda, as part of the social corporate responsibility strategy of companies,” says Miriam López Jadraque, national marketing director for the Spanish UHY member firm, UHY Fay & Co.
“It is clear that new norms and rules will promote sustainable developments and that hotels choose this route because, in the end, it has positive economic effects. Sustainable hotels can make major savings in water consumption and electricity use amongst others, but also gain competitive advantage. They fulfill the public demand for products manufactured or provided by companies that are socially responsible.”
See the full article: UHY Global Issue 4 (Page 10-12: Smart Buildings Reach of the Skies)
UHY Global Magazine
UHY Global, a bi-annual magazine, gives insight into international business topics, featuring thought-leading opinions and experiences from global contributors including UHY member firms, leaders of UHY service and industry groups and external sources. Established in 1986 and based in London, UK, UHY is a leading network of independent accounting and consulting firms with offices in over 325 major business centres across more than 95 countries.
Fluxus LLC was founded in 2013 to develop the Fluxus System, a patented prefabricated building technology platform that provides an efficient way to build both affordable quality homes and create sustainable communities across the economic spectrum.