Using the IoT enables a proactive approach to facilities management, reducing costly reactive maintenance.
The initial costs associated with using the Internet of Things (IoT) connected devices and sensors are decreasing, and the inside possible from IoT-connected technologies are transforming facilities management from a cost center to profit center. If your organization has not yet implemented IoT-based technology, consider these key reasons the IoT is transforming traditional facilities management into a proactive facilities management approach, reports HPAC Engineering.
IoT-Connected Devices Empower Analytics
Connecting systems, assets, and sensors to the Internet of Things in a centralized platform is the precursor to gathering information and using that information to generate actionable insights from analytics. The top categories of analytics include the following.
- Descriptive analytics to see what happened.
- Diagnostic analytics to understand why it happened.
- Predictive analytics to forecast what will happen.
- Prescriptive analytics to influence or make it happen.
Connected Systems Ensure Facilities Managers Make the Right Repair or Replacement Decisions and Adhere to a Budget
A key component of using IoT-connected devices to empower analytics and informed decisions goes back to knowing when it is best to repair an asset or replace it. By eliminating uncertainty in creating a data-based repair and replacement process flow, Facilities Managers can reduce costs and ensure they make the right repair or replacement decisions, while adhering to budget constraints.
Implementing Smart Systems Shifts Facilities Maintenance Mindset from Reactive to Proactive
Proactive maintenance can significantly save money in the course of any business. The costs associated with reactive maintenance are calculated as a squared value of the original repair costs when deferred. For aging buildings, putting a minor repair on the back burner might not seem like a major problem. However, its costs will multiply exponentially within a relatively short time, and it will be impossible to complete the repair within the budget. By implementing smart systems, Facilities Managers can shift building maintenance from reactive to proactive, saving time, money and distress when considering budget constraints.
Automated Alerts and Sensors Provide Visibility into Facilities Management Operations
Reactive maintenance is the result of disconnected systems. Traditional maintenance relied on using the five senses to know when maintenance was needed. The alternative was sticking to a stringent maintenance schedule. Unfortunately, both approaches have a weakness; equipment may break down or fail unexpectedly. Imagine a broken water line in the middle of the night. If the facility is vacant, the resulting leak may contribute to the loss of thousands of dollars in product and extensive losses to employee productivity. However, automated alerts and sensors can detect problems before and when they occur, ensuring the facilities manager can address the problem as quickly as possible.
The IOT Can Validate Performed Maintenance
When maintenance is necessary and performed, Facilities Managers need a way to know if the maintenance billed and documented is actually what a technician did. While it would be nice to assume all field service technicians complete work as expected and build, mistakes do occur. The IOT allows Facilities Managers to validate work and maintenance. This eliminates uncertainty and can help prevent Facilities Managers from being overbilled for repairs.
Sensor-Agnostic Technology Ensures Integration and Interoperability
A defining characteristic of newer IoT-based sensors and platforms is there sensor-agnostic technology. This means modern sensors are designed for use in open-standard architecture platforms. In other words, the sensors are designed to integrate with other systems and allow for better facilities management processes and controls, asserts Facility Executive.
Team Members Can Focus on Work, Not System Monitoring
Since the systems empowered by the modern IoT are intuitive and rely on automated technologies, employees can focus more on performing work, not watching systems for problems. This effectively allows Facilities Managers to focus more on serving customers in ensuring the best appearance of the facility with the fewest resources.
Visibility into Critical Information Reduces Maintenance Delays
When an asset fails or malfunctions, one of the largest costs associated with it derive from the troubleshooting process. For non-connected assets, this can add up to significant costs, and it does not even consider the actual repair costs. IoT-enabled assets and sensors can identify the problem, reducing delays in requesting maintenance and reducing disruptions to employee productivity and customers.
Take Advantage of a Proactive Facilities Management Approach Today
The IoT is growing at a phenomenal rate, and companies that avoid implementing IoT-based technology to create a proactive facilities management approach will be more likely to fail. Rather than jeopardizing guest comfort and/or succumbing to lost competitive advantage, put your organization in the frontlines and stay ahead of your competitors by partnering with ENTOUCH to create and maintain your proactive facilities management approach. Visit ENTOUCH online, or call 1-800-820-3511 now.