Improve Utility Management with IoT

In a previous article, An Overview of the Benefits of IoT for Facilities, we took a broad look at the ways that IoT could benefit facilities, including safety and security, operations and management, utility management, and workplace environments. In this article, we’re going to take a deeper dive into how IoT can benefit utility management for your business or organization.

It wasn’t long ago that the arctic air of Winter Storm Uri barreled down on the US with fierce determination. Shortages of supply and failure to properly maintain and winterize utility assets led to power blackouts, natural gas shortages and water main breaks.

Here in the aftermath, utility pricing is skyrocketing. The price to fix or replace tends to come at a much higher price than preventive maintenance. Couple that with an increasing demand and a depleting supply and you have a recipe for crippling prices and some very unhappy customers.

You can’t change the past, but you can get a grasp on your utility management going forward. One way to make a considerable impact is to implement IoT systems within your utility management systems. By controlling your consumption, you can leave more for those that need it and reduce your overall utility costs.