From the course: Construction Technology: Establishing ROI

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Calculating ROI IOT devices for a building owner

Calculating ROI IOT devices for a building owner

From the course: Construction Technology: Establishing ROI

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Calculating ROI IOT devices for a building owner

- [Narrator] An IoT, or smart-building strategy for a building owner has the potential to create an enormous value for almost every facet of an organization. The challenge with this is to do that, you need to have a good strategy that ties together sensors, data, and automation, where IoT sensors stream data that gets analyzed and turned into information that can trigger automations, and help you make informed decisions about your facility. Each facet of the organization will have different need that you'll be working to solve. While the same collected information can be used for different reasons to serve each unique need, it creates a difficult task of conveying what the value is. An equal challenge and messaging the value comes from the complexity of the new technology. IoT data and automation are topics of entire conferences, and mean different things to different people. If you're managing a sophisticated facility…

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