Facility Management Is The Next Big Market For IOT

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.