IoT is Here. Is Your Facility Ready?

IoT is Here. Is Your Facility Ready?

• 1.
  THE INTERNET OF THINGSIS HERE. Part 1 IS YOUR FACILITY READY?
• 2.
  TABLE OF CONTENTS 02 03 08 09 13 14 15 16 19 20 22 24 25 26 28 29 Introduction What is the Internet of Things? Part 1: Get Connected Connecting Your Equipment Growth and Opportunity for IoT Part 2: IoT Applied coming soon Use Case Spectrum + Applications Devices + Services IoT + Wireless Technologies Part 3: Efficiency coming soon Building Efficiency Operational Efficiency Energy Efficiency Tenant Billing with IoT Predictive Maintenance Critical Area Monitoring Health & Comfort Part 4: Conclusion coming soon
• 3.
  INTRODUCTION The Internet ofThings (IoT) industry generates constant buzz, but often times, building managers wonder whether it is the right investment for them. Beyond that, they question how IoT can deliver results and improve their operational efficiency. This ebook will cover different IoT uses and how they apply to buildings, and how to evaluate the technologies to ensure you are making good decisions for your building and tenants. We will also discuss use cases and some of the challenges IoT adopters face. But before we get started, let me get one question out of the way: people often ask whether their building is truly ready for IoT. Without knowing anything else, I can tell you the answer is yes – your facility is ready.
• 4.
  Introduction WHAT IS THEINTERNET OF THINGS? A proposed development of the internet in which everyday objects have network connectivity, allowing them to send and receive data.
• 5.
  Internet of Thingsis actually the third wave of the Internet. If you look back in history in the 1990s, the Internet came up, and if you think about your life today, it's impossible to imagine a world without the internet. In 2000s, mobile devices came up, so now everybody has a mobile phone. You can browse the Internet, you have apps and whatnot, and you cannot imagine a world without that either. In the future, you will look back and think, "How did I live without knowing at any moment from anywhere in the world what's happening in my facility?" And that's what Internet of Things enables. 

 THE THIRD WAVE OF THE INTERNET 1 billion users Internet Introduction WHAT IS THE INTERNET OF THINGS? +2 billion users Mobile +20 billion things IoT 1 2 3 1990’s 2000’s 2020
• 6.
  can be oneor multiple products or services service is usually cloud-based LEVERAGING THE INTERNET OF THINGS Introduction INTERNET CONNECTION SERVICEIOT DEVICE(S) send and receive data to and from the cloud collect data and control one or more devices manage and make sense of your data All you need to leverage Internet of Things is an internet connection. There are devices out there that you can put in your building and all they need to work is an internet connection, whether it’s a connection in the building or through a cellular network. 

You install devices in your building and those devices collect data or send data to equipment. You can connect your meters, you can connect temperature and humidity sensors and different things like that. + +
• 7.
  GET CONNECTED Part 1
• 8.
  Connecting equipment tothe Internet is not a new idea, per se, because you could already connect something to the Internet. But most of the time, each data point you wanted to connect to was very expensive, because you had to, for example, run cables throughout your facility to connect each device to the Internet. And so that made data collection prohibitively expensive for the majority of buildings. CONNECTING YOUR EQUIPMENT GET CONNECTED
• 9.
  vs BARRIERS TO ADOPTION • No data • Energy indifference • High cost of technology solutions • Lack of reliable case studies TECHNOLOGY ENABLERS • Cheap sensors, hardware, and wireless connectivity • Wide internet coverage • Cloud computing • Big data analytics INDUSTRY TRENDS • Tighter codes and regulations • Green building market • Corporate sustainability • Utility incentives for demand management GROWTH AND OPPORTUNITY FOR IOT: GET CONNECTED In the past, there was not a lot of data available because of the high cost of technologies to access that data. To bring each data point online, you had to run long cables, hire specialized people who understood the technology infrastructure required, and as such, no one actually cared about having access to that data. It was also difficult to realize any tangible benefits, so spending a lot of time and energy making data accessible was relatively uncommon. 

• 10.
  GET CONNECTED GROWTH ANDOPPORTUNITY FOR IOT: In the past ten years, there’s been a shift in balance which is compelling people to change their behavior. One, our technology enablers. Today, you have access to very cheap sensors as wireless devices are very cheap and hardware and manufacturing are much cheaper than before. So the components are much easier to make available on the market. These advances explain the affordability of devices, which means it’s easier for people to actually collect the data, but then what do you do with the data? You need to be able to send it somewhere, you need to be able to process it. The advances in cloud computing and big data analytics are also an enabler to the success of Internet of Things, because you can now send that data to the cloud and provide services in the cloud, rather than having to install a server in each building, or having to go in the basement and connect to that computer to do anything. So all in all, several factors have contributed to a very favorable environment for IoT. As more technological advances came about, people also realized that they could do a lot of things with their data. They could reduce their energy consumption. They could improve their processes, and so some trends appeared in the industry that helped also the rise of IoT. Finally, there’s been a lot of regulations introduced to reduce pollution which provided the impetus for buildings to monitor their performance to maintain compliance. And so, with all of these things coming together, Internet of Things has been an extremely hot topic. So, what can you do with all that? What can you do with those devices and collect data? 

 It’s also much easier to do rapid prototyping due to the advances in 3D printing. It’s much easier to create the devices required for data collection, a very short design time. You also have wide internet access coverage. In most cases, you have internet everywhere. It’s not restricted to very specific locations, and so it is much easier to connect with the devices of the Internet.

 THE TIME IS NOW
• 11.
  THE OPPORTUNITY FORINTERNET OF THINGS In 80% of buildings, data is collected manually. REAL TIME DATA FROM SENSORS, METERS, & DEVICES ACTIONABLE INSIGHTS SAVINGS GROWTH AND OPPORTUNITY FOR IOT: GET CONNECTED In more than 80% of buildings, data is collected manually, so there is no easy way to access the data. Somebody has to work in the building and take some notes on a piece of paper. With Internet of Things, you can now connect two of those machines and grab the data and send it to the cloud, so it’s turning the machines into smarter machines because now they can talk with the outside world and they can receive information in some cases. So with all of that information there, you can actually put insight into what’s happening and start doing some saving, which improves your efficiency.
• 12.
  LEARN MORE REQUEST DEMO  Learn how EastBanc, a multinational Real Estate Development company, implemented a smart building solution that helped them centralize their BMS. Ready to transform the way you manage your facility? Give our smart building solution a try. STAY TUNED FOR PART 2