Facility managers say Internet of Things, analytics will impact maintenance soon

Facility managers are increasingly looking to adopt the Internet of Things (IoT) in their building maintenance strategies, with 60% of professionals predicting that IoT will impact their building and maintenance policies within the next year, according to a survey by Schneider Electric.

Roughly two out of three respondents plan to increase investment in building capital expenses in 2016, including advanced building technologies. A few factors are hampering facility managers from taking full advantage of building data, the survey indicated. Seventy percent of facility managers said that their building management staff is very or extremely skilled in data analysis, but only 27% utilize data-driven analytics solutions for building management. 

Key barriers to uptake include the amount of funding required (39% say that is a top concern), and a lack of internal resources available to interpret data into actionable results (31% report that as a top concern). Only 26% of respondents feel that available building information is totally adequate for facility maintenance planning. A majority of respondents cited room for improvement in this area, and only 15% said that they fully utilize predictive maintenance tools to proactively assess and target equipment maintenance.

“Facility professionals need to be able to better visualize what’s happening across their footprint and make educated decisions to correct and improve conditions,” said Brett Wheless, director of field services, Schneider Electric. “More than half of facility managers are still largely reactive when it comes to maintaining building systems, which can have major impacts on occupant comfort and can decrease the life of the building. We are now seeing a change in attitude among facility professionals that is driving them to think differently about the way they collect and assimilate building data.”