This white paper examines the impact of the Internet of Things (IoT) on assets and how it facilitates asset management in the present day. It provides guidance on how to initiate an IoT journey, highlighting the potential challenges and offering strategies for overcoming them.
It’s no secret that the world of facilities management (FM) is evolving and transforming at lightning speed. In many ways, the Internet of Things (IoT) is at the heart of this evolution, largely driven by the convergence of technology, facility, and portfolio services.
In this Whitepaper leading experts, who provide services and manage some of the iconic assets in the UAE, reflect on how IoT impacts assets and is managed today. Apart from making new opportunities and business models, which are redefining real estate management practices - the experts believe - IoT is still in a nascent stage and is yet to reach its potential.