The Internet of Things (IoT) market is expected to grow significantly, from $714.48 billion in 2024 to $4,062.34 billion by 2032. IoT solutions enable efficient facility management through automation, real-time monitoring, and data collection. However, many organizations struggle with ineffective use of the data they're collecting -either by not acting on or by overusing alerts, which can lead to overlooking real issues. This often leads to a disorganized priority framework and inefficient IoT implementation.
To optimize your IoT deployment and mitigate these common pitfalls, emphasize the Alert-Action-Resolution approach:
Alert
- Identify at what point you want to be alerted
Tip: Determine high-risk areas needing quick responses and understand customer experience needs.
Action
- Defining what you want to happen after being alerted
Tip: Prioritize deployment where IoT can have the most impact on operations.
Resolution
- Deciding how the issue is recorded once resolved
Tip: Establish clear goals for IoT implementation that align with business priorities and customer expectations.
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Increase in Cleaning Efficiency
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Reduction in Pay-Out Claims
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