10 Benefits of IoT-Enabled Remote Monitoring

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Ellie Poverly

August 30, 2022 | 6 minute read

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10 Benefits of IoT-Enabled Remote Monitoring

Workplaces are embracing the Internet of Things (IoT). Gartner has stated that the number of connected devices will double over the next three years. Checking equipment, employees, buildings and products offers many benefits. Here are 10 of the most significant.

Boosted Energy Efficiency

One of the biggest benefits of IoT-enabled remote monitoring is reduced energy consumption. WeForum has stated that buildings account for 40% of power usage across the globe, but much of this is wasted. IoT systems can monitor and adjust operations in real-time to use as little energy as possible, making workplaces more sustainable, particularly in a time where prices are rocketing and supply is strained. 

HVAC systems are a recognizable example, but technology can save energy in many processes – be it lighting, utilities, and better utilisation of facilities such as office space, cold and hot water provisioning, to name a few. These savings will help businesses better protect the environment and reduce ongoing costs.

Improved Productivity

IoT monitoring can help improve workplace productivity. From tracking work schedules, productivity, output, machine runtime, production, capacity and status – a number of variables can be monitored to ensure operations and capital outlays are in synch, and efficient. 

IoT also helps automate routine tasks to give employees more time to focus on other matters. People that can check something remotely save a lot of time simply by not having to walk somewhere else and manually check it. Where a manual task is required, being armed with insight about what exactly to inspect or fix, based on priority and cause, improves yield.

Increased Equipment Uptime

Another impressive advantage of IoT monitoring solutions is their ability to extend machine uptime, and longevity. Predictive maintenance leverages IoT sensors to alert teams when equipment needs repair, or is not functioning optimally –  helping them solve issues before they cause breakdowns. In heavy industries or high-output environments, every second matters. 

These systems also provide diagnostics without troubleshooting, reducing downtime from regular maintenance stops. Workers who don’t have to stop something to inspect it can maximize its operating hours. Coupled with Machine Learning and the phenomena of self-healing systems – where machines are able to detect and self-remediate issues –  the future of IoT and AI holds significant promise –  

Reduced Maintenance Costs

 redictive maintenance through IoT monitoring also reduces the costs surrounding these repairs. Part of that comes from addressing problems earlier. Fixing things before they become larger issues means employees perform less expensive maintenance. 

These IoT-enabled remote readings ensure machines undergo maintenance if and when they need it. As a result, businesses reduce costs from unnecessary repairs through insight-led actions. The nature of repair can also trigger the relevant action from the right party, reducing the wasted effort in ordering parts, creating tickets, and requesting support.

Better Schedule Flexibility

Remote insight and control through IoT-based monitoring solutions enable a more flexible schedule for employees, particularly for scarce subject matter experts. Workers who can perform tasks remotely t can provide input to field workers creating an always-on, highly decentralised, mobile workforce. 

Not only does remote work offer impressive environmental benefits – it improves productivity and employee satisfaction. IoT connectivity won’t make every job remote, but it can expand which roles and tasks can be performed off-site, making schedules more flexible, and access to experts more realisable.

Improved Workplace Safety

Remote monitoring technology can also improve safety within the workplace. IoT-connected carbon monoxide or smoke detectors can sense potential hazards and alert workers on their mobile devices and other organisational health and safety systems. Additional environmental factors such as pollutants, spills, machinery risks, fires, floods, and overwork are all social elements that can be managed better through IoT. 

Being able to check critical maintenance factors remotely can also improve safety. People who work with potentially hazardous machines or in high-risk environments can determine upfront if conditions are optimal prior to and during operations – boosting the viability and sustainability of positive working space.

Better Product Quality Assurance

Workplaces that sell sensitive goods to customers can use IoT remote monitoring to raise product quality standards. IoT sensors can check temperature, humidity and other factors near storage areas to alert workers when levels go out of acceptable ranges. 

These alerts let employees address the issue or move products before they spoil. Consequently, companies can sell higher-quality products to customers and minimize losses.

Mitigated Labor Challenges

IoT-enabled remote monitoring can contribute to addressing labor obstacles many businesses face today. While the U.S. has more than 10 million job openings, there are roughly 6 million unemployed workers, making it difficult to get enough employees to sustain operations. IoT systems help by expanding remote work and improving efficiency. 

IoT monitoring lets some tasks happen remotely, meaning businesses can hire people out of state or even in other countries to perform work that once required a physical presence. Alternatively, the increased productivity from these systems could help fewer employees accomplish more work, lessening labor shortages’ impact. This is enabled through Digital Twin style interfaces, where skilled and experienced employees can ‘command and control’ key operations in real-time, behind a pane of glass.

New Operational Insight

IoT with the power of Edge Computing and Machine learning gives businesses the ability to generate new insights that were previously unavailable. . Employers can see data like energy usage, productivity patterns, how workers operate for starters. This can evolve to predicting how many resources they will need, what scenarios are likely, and what the next best actions are. They can use that information to make more informed decisions about how to improve workflows, where to send resources, what to fix, and how much inventory to keep. 

Optimization and innovation starts with understanding what works and what doesn’t. IoT sensors and data provide employers and employees quick access to insights to guide future decisions, data building blocks to generate new reports, models and plans. Teams can adopt a spirit of continuous improvement. If the data exists, anything is possible. 

Environmental, Social, Governance (ESG)

The need to focus on creating a more sustainable world through more ethical practices for the environment, workers, customers and society as a whole is gathering pace. ESG serves as a proxy for the future value of a business, particularly in the eyes of discerning customers, governments, and societies. 

The IoT solutions here have addressed multiple Environmental and Social aspects. Notably, Governance has been an audit-based task relying on methodologies and measures that are not always precise or are open to debate. Gathering data from the source, making it available to all stakeholders and delivering pro-active insights on the wellbeing of the business offers a transparent and highly responsible approach to managing ESG. 

 

IoT Remote Monitoring Can Improve Any Workplace 

IoT-enabled remote monitoring offers many benefits for businesses in any industry. More use cases will emerge as this technology improves, and current ones will become more beneficial. Implementing such a solution will become an increasingly important competitive advantage to incumbents. Given the premise of IoT is building a platform for edge computing, reporting, and AI – the future for IoT is an exciting one. 

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Ellie Poverly

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