IoT shaping new facilities management paradigms | IT News Africa – Africa’s Technology News Leader
With the adoption of the Internet of Things (IoT) and connected technologies, the landscape of facilities management will change radically within three years, as the number of connected devices globally rises from 10 billion in 2015 to an estimated 34 billion in 2020.
Driven by broadband internet, decreasing technology costs, ubiquitous smartphone penetration and more devices created with built-in sensors and Wi-Fi capabilities, the implications on building management are significant.
Vast datasets, generated by connected building devices, provide new opportunities for building owners and facility managers to derive insights from data and improve building performance. According to a January 2017 research report, from Morar Consulting in the US, 63% of facility managers show interest in implementing new digital technologies, such as intelligent analytics to improve maintenance decisions and operations, and 89% indicate they expect to achieve a return on their IoT investments within three years.