Inefficiencies in facilities maintenance leads to bloated spend and unexpected equipment downtime that can hurt your business operations and can make it difficult to serve your customers.
In an effort to save money and gain better efficiency, the Internet of Things (IoT) is a great tool for businesses searching for a proven solution.
Utilizing an IoT platform to monitor your critical assets remotely and perform predictive equipment analytics can help your organization move from reactive and planned maintenance to predictive and prescriptive maintenance – which can drive cost savings and efficiency.
To get the most out of an IoT solution, there are best practices for implementation:
- Have a clear understanding of objectives
- Identify critical assets and facilities
- Define rules and thresholds
- Identify and collect critical data elements
- Understand energy spend and how it relates to maintenance
- Only create rules that save money for your business
- Make your data actionable to save money
For many facilities maintenance managers, IoT is the solution they’ve been searching for. You can take in data from critical equipment and control systems without drowning your team in data tables and spreadsheets to look for data anomalies. These data points can tell you when your equipment is beginning to fail, so you can make proactive repairs. Any business that utilizes critical equipment and wants to stay true to their maintenance budget can utilize and see return on investment from an IoT platform.
Accruent clients utilize our IoT solution to cut maintenance spend, increase equipment uptime, meet compliance needs, and reduce unnecessary work orders. Using an IoT solution helps to alleviate the pressures that facilities managers face every day without adding call centers and service bureaus.
Ready to get your organization connected and on your way to an improved performance and operations? Contact us today!