What is IoT? How Smart Building Technology is Changing Facilities Management
Janelle Penny
12/07/2018 00:00:00
What’s holding you back from installing Internet of Things (IoT) devices in your facility? For many facilities managers, IoT’s wide spectrum of possibilities is precisely the problem. It can be tough to know where to start with smart building technology when there are IoT applications for nearly every building system.The basics of Internet of Things.
Facilities managers who haven’t invested yet also may fear being replaced by automation, notes Joe Herbst, Vice President of Controls for Revolution Lighting Technologies. That concern isn’t entirely unfounded—a 2017 report from McKinsey Global Institute predicted automation could eliminate as many as 73 million U.S. jobs by 2030.
However, building automation isn’t a replacement for a facilities manager’s ability to lead a team or develop smart maintenance strategies. It exists to make your job easier by keeping an eye on performance and pointing out potential issues that would be difficult (and in some cases, impossible) to detect with conventional hands-on management.
“There’s the financial benefit of reducing utility spending and equipment costs, and there’s also a productivity or behavioral benefit to IoT devices,” explains Logan, Founder and CEO of Aquicore, an asset management software platform. “You can enable your building staff to have more context for what’s going on and they can act more quickly and be more responsible when they have the right information about what’s going on in the building.”
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IoT devices are able to deliver the right information at the right time to the right person, which has previously been unavailable for physical assets, Soya notes.
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