This guest post is by Zach Watson, TechnologyAdvice.
Zach WatsonThe Internet of Things is the most popular phrase to describe a technological breakthrough. This innovation is characterized by technology that works in concert. Sensors placed in mundane technology such as blinds or thermometers are the most well-known. The items may not be as interesting to modern consumers, but their newfound capabilities when connected to the Internet make them even more fascinating.
Nest, a smart thermometer that is part of the Internet of Things, collects data about past usage patterns. This data can be used to automate cooling and heating processes based on user preferences. This is the key to the hype surrounding this technology: the ability of automating the functions of even the simplest technologies to suit the preferences of their users.
This technology is gaining popularity. Experts believe that internet connectivity will be a key component of many products’ value proposition. The Internet of Things isn’t just for consumers. It’s becoming more common in certain industries to see businesses using the power of a multitude of data points to optimize processes and better manage projects.
The Internet of Things and Project Management
There are many levels of sophistication in the Internet of Things. This network of sensors provides project managers with a variety of data points that can be used to feed into various types of systems such as enterprise resource planning systems, business intelligence platforms, and project management software. The IoT simply increases the number of data sources that business users have access to and allows for a more detailed view of projects and their processes.
This is an example of how the IoT can be used to manage large-scale construction projects. It can be expensive to transport large-scale equipment and vehicles. Project managers can gain great value by placing sensors on vehicles to collect historical data about how long it takes for equipment to move from one place to the next. They also get information about how many resources are required to move said equipment from one site to another. This information can be used for more accurate bids that include these costs.
The IoT of Things can also be used by PMs to reduce project waste. This industry is plagued by theft, so sensors placed on high-value equipment could help reduce resource loss.
The most interesting use of IoT is the placement of sensors in finished projects. This allows the devices to continue to collect information throughout the life of the building. The sensors will continue to monitor and report information to the main project management software as materials age and change. This helps researchers and developers improve materials and standards for construction projects. It also acts as an assurance mechanism to ensure that maintenance can be initiated if a foundation starts to decay.
This last example goes beyond the Internet of Things’ most basic functions. The IoT signals the need for maintenance and initiates the repair process. This could be a dream for field service technicians. Instead of searching for the right part, sensors could communicate the problem to the technician. Or, a technician could search the Internet to find the exact location of the technology in need of repair.
This level of sophistication could make project management easier through autopilot