Facility Management Is The Next Big Market For IOT

MarketScale
MarketScale
Feb 6, 2018
Learn more
Share this post
The Internet of Things (IoT), like many major technological innovations, has received a lot of hype surrounding all its potential uses. And, like most innovations, the reality is setting in much more quietly. That reality is primarily facilities management and logistics.
According to IoT Evolution World, Senet and Microshare announced at the IoT Evolution World’s Expo in Orlando recently that they are “combining their ability to sense and analyze connected things to create a more end-to-end solution for the facilities management and logistics markets.” As data growth continues its exponential growth, these kinds of partnerships are going to become vital to continued IoT implementation and growth.
Senet provides cloud-based software, global connectivity service platforms and network buildout for the IoT. Microshare offers data sharing and governance, with “smart facilities” management, logistics management, and sensor technology to control the flow of information, including granular data from many end-points. This partnership will lead to better orchestration of staff, contractors, services, and the objects being tracked, as well as more operations precision for end users.
The Internet of Things is more than just tracking objects through time and space. To fully exploit this technological innovation, collecting and using the data is also central to reducing costs and increasing revenues to make the IoT truly pay off. The partnership between Senet and Microshare will help bring the potential latent in IoT to businesses as a profitable reality.

Follow us on social media for the latest updates in B2B!

Latest

construction innovation
Boxx Modular’s New Branch in Atlantic Canada: A Strategic Move for Construction Innovation
December 4, 2023

In an era where construction innovation is reshaping the industry, modular construction’s growth continues to rise. In this episode of Built Modular, Boxx Modular’s strategic expansion into Moncton, Atlantic Canada takes center stage. Host Gabrielle Bejarano welcomes Charles Landry and Ray Girouard to explore the implications of this venture. Bejarano, Landry, and Girouard discuss […]

Read More
Venture Fund Valuations
VC Investment Valuations Podcast
December 4, 2023

In this episode of The Alternative Edge, a Weaver: Beyond the Numbers Podcast, host Becky Reeder, an audit partner and co-leader of the alternative investments practice at Weaver, engages with Sindhu Rajesh, an Alternative Investment Services Partner with Weaver. They unpack the complexities of venture fund valuations, offering critical insights into industry dynamics and best […]

Read More
The Role of VR and AR in Attractions and Enterprise Applications
December 4, 2023

In this Pro AV Today soundbite from Dan O’Brien of HTC VIVE, the conversation centered on the significant role of Virtual Reality (VR) and Augmented Reality (AR) in attractions and enterprise applications. O’Brien highlighted the critical need for durable hardware design, tailored to withstand extensive use in location-based entertainment (LBE) operations. Unlike consumer-grade VR headsets, […]

Read More
Related
Prepare cooling towers for winter
Software & Technology
How to Prepare Cooling Towers for Winter: Essential Guidelines from Chem-Aqua
November 9, 2023
Construction Mind Shifter
Healthcare
Building a Community of Intentional Leaders with a Construction Mind Shifter
November 2, 2023

The construction industry will build a community of intentional leaders with a bit of help from a Construction Mind Shifter. In the latest episode of Straight Outta Crumpton, hosts Greg Crumpton and Gabrielle Bar sit down with Jesse Hernandez, a Principal at Depth Builder and a self-proclaimed “Construction Mind Shifter.” Hernandez shares his journey […]

Read More
engineered solutions
Healthcare
Polygon’s Unique Approach: Beyond Data Collection to Engineered Solutions with ExactAire
October 25, 2023

Jon Pattrin, Operations Manager at ExactAire, sheds light on Polygon’s unique approach to data collection and analysis. Instead of just handing over data, they analyze it with their clients, offering tailored engineered solutions for their specific needs, be it in plant buildings or offices. These solutions could range from introducing smart controllers for efficient […]

Read More